Mr. Pete Medved reports

GLOBAL POWER SOLUTIONS ANNOUNCES PRIVATE PLACEMENT OF UNITS

Global Power Solutions Corp. has arranged a non-brokered private placement offering for total gross proceeds of up to $1-million, consisting of up to 3,636,364 units of the company at a price of 27.5 cents per unit.

Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at a price of 35 cents for a period of two years following the closing of the offering.

The company intends to use the proceeds from the offering for progression of proposed developments under the company's active memorandums of understanding, marketing and investor relations, working capital, and general corporate purposes.

The company may pay cash finders' fees of up to 10 per cent of the gross proceeds of the units sold to purchasers introduced by such finders and will issue finders' warrants equal to 10 per cent of the number of units sold to such purchasers.

The units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, in all of the provinces and territories of Canada (except Quebec). Pursuant to NI 45-106, the securities forming part of the units issued to investors resident in any province or territory of Canada (excluding Quebec) under the offering will not be subject to resale restrictions. The company is relying on the exemptions in Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, and is qualified to distribute securities in reliance on the exemptions included in the order.

There is an offering document related to the offering that will be made available under the company's profile on SEDAR+. The offering document will also be made available on the issuer's website. Prospective investors should read this offering document before making an investment decision.

The offering is expected to close on or about Oct. 23, 2026, or such other date that is within 45 days from Sept. 23, 2026, as the company may decide. The offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, and compliance with the policies of the TSX Venture Exchange.

About Global Power Solutions Corp.

Global Power Solutions is expanding its business strategy to become a provider of innovative clean energy infrastructure designed to support the rapidly growing power requirements of AI (artificial intelligence) data centres and mission-critical facilities. The company is focused on developing hydrogen-enabled baseload power solutions that provide reliable, scalable and sustainable energy where traditional grid infrastructure is constrained or unavailable. In addition, Global Power continues its established operations in the manufacture of light gauge steel components and modular building systems for the construction industry.

We seek Safe Harbor.