Mr. Francois Byrne reports

HYBRID POWER SOLUTIONS ENGAGES SOPHIC CAPITAL FOR CAPITAL MARKETS SERVICES

Hybrid Power Solutions Inc. has appointed Sophic Capital Inc. as its capital market service/investor relations partner. Sophic Capital is a comprehensive capital market advisory firm for small-capitalization growth companies. This partnership aims to increase Hybrid's investor awareness by implementing a comprehensive communications strategy and introducing Hybrid to investment advisers, dealers, institutions and financial professionals.

"Sophic Capital's established network and expertise will help us communicate our value to the investment community as we are at a strategic inflection point in our growth trajectory," said Francois Byrne, chief executive officer and founder. "We have seen continued and increasing customer interest in our solutions, and, given our business development momentum, we believe it is an opportune time to deepen our engagement with a broader swathe of the investment community."

"Hybrid Power Solutions represents the type of founder-led, innovative company that appeals to both Sophic Capital and our investor network," said Sean Peasgood, chief executive officer of Sophic Capital. "The company is positioned to benefit from increasing activity in the infrastructure buildout across various industries spanning construction, transportation, law enforcement and defence, among others. With a growing pipeline of business with marquee names, Hybrid is poised to grow in the coming years. We look forward to working with the company to bring its story to investors."

Pursuant to agreement between the company and Sophic Capital, Sophic will receive $8,000 per month for an initial term of 12 months. In addition, Hybrid has granted the firm options to purchase up to 1.03 million common shares at a price of four cents per share. The options will vest quarterly in four tranches of 257,500 each and expire on the earlier of: (i) 90 days after the termination of the engagement; and (ii) Feb. 18, 2031. The options are governed by the provisions of Hybrid's stock option plan and the policies of the Canadian Securities Exchange.

About Hybrid Power Solutions Inc.

Hybrid is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol HPSS. The company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.

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