Dr. Thilo Senst reports

GBLT ANNOUNCES YEAR-END FILING DELAY

The filing of GBLT Corp.'s audited consolidated financial statements for the year ended Dec. 31, 2022, annual management's discussion and analysis for the same period, and management certificates of annual filings will not be completed by today's filing deadline of May 1, 2023.

The delay in completion of the annual filings is a result of the additional time required to complete audit procedures in respect of Gebaude Technologie Center GmbH (Getec Solar Solutions), an engineering company in which the company acquired a majority stake in early 2022.

The company is working expeditiously with its auditor, Dale Matheson Carr-Hilton Labonte LLP, to ensure completion of the audit and filing of the annual filings as soon as possible. The company anticipates that it will complete the annual filings on or before May 5, 2023, and will provide an update should there be any changes in the estimated time frame for filing.

The company confirms that there is no other material information concerning the affairs of the company that has not been generally disclosed as of the date of this press release.

About GBLT Corp.

GBLT, through its operating company, GBT GmbH, designs, manufactures and supplies mobile storage and battery solutions. GBLT is also a leading provider of renewable energy solutions through its solar division, participating in the rapidly growing solar energy market. In addition, the company offers consumer health care and wellness products to some of the largest retail chains across the globe. GBT is also an official licensee for Agfaphoto mobile energy products. The company's branded health care and well-being products are primarily sold throughout Europe under the Dr. Senst brand.

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