Mr. Fraser Atkinson reports

GREENPOWER RECOGNIZED AS NUMBER TWO IN CLEAN TECH & LIFE SCIENCES BY 2024 TSX VENTURE 50

Greenpower Motor Company Inc. has been recognized by the TSX Venture Exchange (TSX-V) as a 2024 top 50 company, ranking No. 2 within the clean tech and life sciences sector.

TSX Venture 50 is an annual ranking of the top-performing companies from the past year on TSX-V, ranking the top 10 performing companies from each of five sectors based on three equally weighted criteria: market capitalization growth, share price appreciation and trading value.

"Greenpower is honoured to be recognized as a top performing company in the 2024 TSX Venture 50," said Fraser Atkinson, chief executive officer of Greenpower. "Our commitment to building and distributing all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans, and a cab and chassis, showcases our strategic priorities of growth and diversification. We remain dedicated and focused on continuing to build investor confidence and value for our shareholders and customers."

About Greenpower Motor Company Inc.

Greenpower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans, and a cab and chassis. Greenpower employs a clean-sheet design to manufacture all-electric vehicles that are purpose-built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM (original equipment manufacturer) platform allows Greenpower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. Greenpower was founded in Vancouver, Canada, with primary operational facilities in southern California. Listed on the Toronto exchange since November, 2015, Greenpower completed its U.S. IPO (initial public offering) and Nasdaq listing in August, 2020.

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