Mr. Steve Dalton reports

REVOLVE ANNOUNCES GRANT OF DEFERRED SHARE UNITS

Revolve Renewable Power Corp. has granted deferred share units (DSUs) to the company's directors, effective April 18, 2024. A total of 335,784 DSUs have been granted under the company's deferred share unit plan adopted on July 6, 2022. Each DSU entitles the holder to receive one share of the company or, in certain circumstances, a cash payment equal to the value of one share of the company, at the time the holder ceases to be a director of the company.

The DSUs vest one year from the date of grant and have been granted for the third quarter (Q3 2024) at a price of 30 cents per share. The company issues DSUs at the end of each quarter in lieu of cash director fees.

About Revolve Renewable Power Corp.

Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the United States, Canada and Mexico with a portfolio of approximately 3,070 megawatts under development. The company has a second division, Revolve Renewable Business Solutions, which installs and operates sub-20-megawatt behind-the-meter distributed generation (DG) assets. Revolve Renewable Business Solutions currently has an operating portfolio of six megawatts, with an additional three megawatts under construction phase and 146 megawatts under development.

Revolve has an accomplished management team with a demonstrated record of taking projects from greenfield through to ready-to-build (RTB) status and successfully concluding project sales to large operators of utility-scale renewable energy projects. To date, Revolve has developed and sold over 1,550 megawatts of projects.

Revolve is targeting 5,000 megawatts of utility-scale projects under development in the United States, Canada and Mexico and, in parallel, is rapidly growing its portfolio of revenue-generating DG assets.

We seek Safe Harbor.