Dr. Richard Lu reports

POWERBANK CORPORATION APPOINTS NICOLE RUSAW, CPA, CA AS CHIEF FINANCIAL OFFICER

Powerbank Corp. has appointed Nicole Rusaw, CPA, CA, as chief financial officer, effective immediately. Ms. Rusaw succeeds Sam Sun and will oversee the company's financial strategy as Powerbank continues to scale its North American energy infrastructure platform and expand into new growth areas, including supporting digital infrastructure.

"On behalf of the board and our entire team, I am delighted to welcome Nicole to Powerbank," said Dr. Richard Lu, chief executive officer of Powerbank. "Nicole brings more than two decades of public company finance leadership and extensive experience navigating periods of transition, capital raising and growth. As Powerbank scales its project pipeline and moves into new markets, including supporting AI-driven infrastructure, her expertise across capital markets, financial reporting, risk management and corporate governance will be invaluable to our team and our shareholders. I would also like to thank Sam for his years of leadership and contributions to Powerbank as chief financial officer. We wish him continued success."

Ms. Rusaw is a chartered professional accountant and chartered accountant (Ontario) and holds a bachelor of accounting, co-op, with first class honours from Brock University.

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 United States.

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