Dr. Richard Lu reports

POWERBANK ADVANCES AI INTEGRATION WITH DUAL-AGENT DEPLOYMENT

Powerbank Corp. has shared an update on the two artificial intelligence agents developed by Intellistake Technologies Corp. (Canadian Securities Exchange: ISTK) under the previously announced AI (artificial intelligence) software contract. The public-facing AI communications agent -- designed to serve investors, analysts and other market participants -- has been live on Powerbank's website since April 8, 2026, providing structured, auditable responses to investor enquiries around the clock. The internal business intelligence platform, IntelliScope, has been deployed onto dedicated sovereign AI infrastructure, and is currently undergoing internal testing and feedback by Powerbank's teams. This update follows the announcement of the Intellistake contract.

On Feb. 5, 2026, Powerbank announced the signing of two contracts with Intellistake to formally onboard and deploy the IntelliScope enterprise hub AI agents that Powerbank had been beta testing since November, 2025. This marked the transition from a closed testing phase to planned full-scale operational deployment across Powerbank's business development and engineering teams. Both platforms completed approximately three months of proof-of-concept development prior to contract execution.

AI-powered investor relations agent: live in production

The public-facing AI communications agent reached production on April 8, 2026, and is now embedded across all pages of Powerbank's corporate website. The platform is designed as a secure interface enabling controlled natural language access to verified public disclosures, delivering structured and auditable responses to external enquiries from investors, analysts, financial media and other stakeholders at any time.

The platform is also intended to generate analytics reports providing visibility into engagement patterns, frequently accessed topics and usage trends -- supporting Powerbank's investor relations function with data-driven insights into how the company's disclosures are being accessed and engaged with by market participants.

This capability reflects Powerbank's commitment to transparent, timely and consistent investor communications in line with its obligations as a publicly listed company on Nasdaq, Cboe CA and Frankfurt Stock Exchange.

Dr. Richard Lu, chief executive officer of Powerbank, commented:

"As a public company, managing how investors access and engage with our information is critical. What Intellistake has delivered gives us a system that can present our filings, disclosures, and corporate updates clearly and consistently, available to investors at any time. Going from internal review to live production was smooth, and we are pleased to have this capability now active on our website. We look forward to the next phase of the engagement as development progresses on IntelliScope."

IntelliScope: deployed on sovereign AI infrastructure, internal testing commencing

IntelliScope, Intellistake's enterprise AI agent platform for internal business intelligence, has been deployed onto dedicated sovereign AI infrastructure and is being configured for Powerbank's internal workflows. The platform is the first enterprise workload to run on dedicated capacity secured by Intellistake through its services agreement with Singularity compute, the AI infrastructure arm of SingularityNET.

The infrastructure is purpose built for AI, reserved exclusively for Intellistake, and operated independently of the major United States cloud providers. Hosted in Sweden by a Swiss-incorporated provider, the infrastructure sits outside the jurisdictional reach of the U.S. Cloud Act and runs on 100-per-cent renewable energy -- an important consideration for Powerbank as a company whose business is grounded in clean energy principles.

Powerbank is the first client deployment of IntelliScope on this sovereign infrastructure. The platform is designed to automate routine reporting work, surface patterns and insights from across operational systems, and provide leadership with faster, clearer answers to decision-driving questions -- without sensitive data leaving the company's controlled environment.

Strategic rationale: enterprise AI supporting renewable energy development

The renewable energy development sector increasingly requires sophisticated data analysis capabilities to navigate complex regulatory environments, identify viable project sites and optimize development timelines. IntelliScope's first application is configured for Powerbank's U.S. renewable energy development operations, equipping the company with analytical intelligence to:

• Identify optimal solar and battery storage project sites using geospatial analysis;
• Evaluate federal and state grant eligibility, including ITC, NYSERDA and other incentive programs;
• Assess regulatory conditions, utility interconnection queues and sector-specific sentiment;
• Consolidate fragmented data sources into a single intelligence layer, supporting faster and more informed decision-making across Powerbank's 1+ GW development pipeline.

Powerbank views AI-powered analytical tools as complementary to its existing engineering and business development expertise, providing enhanced data processing and analytical support for complex project development decisions. The company plans to continue expanding its use of IntelliScope across additional business functions as the platform's capabilities are further refined through operational use.

Engagement status and next steps

IntelliScope remains on schedule as the second major deliverable under the Powerbank engagement with Intellistake. The two milestones to date are:

1. April 8, 2026 -- production go-live of the AI-powered investor relations assistant on Powerbank's corporate website;
2. May, 2026 -- deployment of IntelliScope onto dedicated sovereign AI infrastructure; internal testing and configuration for Powerbank's operational workflows under way.

Powerbank will provide further updates as additional development milestones are reached. The company believes the IntelliScope deployment positions it at the forefront of enterprise AI adoption among renewable energy developers -- combining the analytical power of enterprise AI with the data sovereignty and security standards expected of a publicly listed company.

About Powerbank Corp.

Powerbank is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the U.S. The company develops solar and battery energy storage system (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar and virtual net metering projects. The company has a potential development pipeline of over one gigawatt, and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.

About Intellistake Technologies Corp.

Intellistake Technologies is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation and the development of enterprise AI agents, Intellistake seeks to bridges the gap between emerging decentralized networks and real-world industry adoption.

We seek Safe Harbor.