Mr. Haneef Esmail reports

GLOBAL POWER SOLUTIONS CORP. ANNOUNCES AMENDMENT TO PRIVATE PLACEMENT TERMS

Further to its news release dated April 21, 2026, Global Power Solutions Corp. has amended the terms of its previously announced non-brokered private placement financing for gross proceeds of up to $1-million.

Under the amended terms for the private placement, the company will offer up to five million units of the company at a price of 20 cents per unit for gross proceeds of up to $1-million.

Each unit comprises one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at a price of 30 cents at any time on or before the date that is 24 months from the date of closing of the private placement.

The proceeds will be used for working capital and business development purposes.

The private placement is subject to TSX Venture Exchange approval, and all securities issued will be subject to a four-month hold period.

About Global Power Solutions Corp.

Global Power Solutions is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The business strategy of the company is being expanded to the pursuit of other industrial opportunities, including the development and execution of renewable energy and other clean energy infrastructure projects.