Mr. Paul Cataford reports

LOOP ENERGY ANNOUNCES POSTPONEMENT IN SPECIAL AND ANNUAL SHAREHOLDER MEETING

Loop Energy Inc.'s previously announced special and annual shareholder meeting date has been postponed. A new meeting date will be announced once it has been determined by the company's board of directors.

About Loop Energy Inc.

Loop Energy is a leading designer and manufacturer of hydrogen fuel stacks targeted for the electrification of commercial vehicles such as buses and trucks, as well as stationary power applications. Loop Energy's products feature the company's proprietary eFlow technology in the fuel cell stack's bipolar plates. eFlow technology enables customers to achieve superior performance and higher fuel efficiency when using Loop Energy's fuel cell stacks, which lowers operating cost for end-users while enabling original equipment manufacturers to achieve lower capital cost and faster time to market. Loop Energy works closely with its partners to enable the production of hydrogen electric solutions.

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