Ms. Tracy Zheng reports

CERTIFICATE OF FINAL COMPLETION RECEIVED FOR ENGINEERING, PROCUREMENT, AND CONSTRUCTION AGREEMENT WITH FIERA REAL ESTATE

Powerbank Corp. has received the certificate of final completion for the 1.45-megawatt DC (direct current) rooftop solar project located in Calgary, Alta., completed under an engineering, procurement and construction agreement (EPC) for Fiera Real Estate Investments Ltd.

In December of 2025, the company announced that the project reached commercial operation. It has been selling power to the grid under Alberta's small-scale generation program.

As the demand for power across Canada continues to rise, Powerbank's experience delivering EPC services across multiple provinces positions the company to support that growth. In Alberta specifically, the Alberta electric system operator has reported more than 20,000 MW (megawatts) of data centre load requests seeking to connect to the provincial grid, compared with Alberta's current peak demand of approximately 12,000 MW and has confirmed that only about 1,200 MW of large new load can be reliably accommodated in the near term without additional generation or system upgrades. With 100 MW of completed projects, Powerbank's record executing solar and energy storage projects across Alberta, Ontario, and other Canadian and United States markets provides the cross-jurisdictional development, permitting and construction expertise the company believes will be needed to help meet this growing demand for power.

About Powerbank Corp.

Powerbank is a vertically integrated and independent North American energy company helping to power the digital economy. The company develops, builds, owns, and operates solar and battery energy storage systems that deliver reliable and resilient power to the electricity grid, commercial and industrial clients, and municipal and residential off-takers. As AI (artificial intelligence) and digital infrastructure drive unprecedented electricity demand, Powerbank is uniquely positioned to deliver the speed, scale and energy independence that the next generation of power consumers requires, without waiting years for permitting and grid interconnection. The company has a potential development pipeline of over one gigawatt and has developed energy projects with a combined capacity of over 100 megawatts built.

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