Mr. Myke Clark reports

REVOLVE RECEIVES APPROVAL FROM THE ALBERTA UTILITIES COMMISSION FOR THE 15.7 MW BRIGHT MEADOWS SOLAR PROJECT

Revolve Renewable Power Corp.'s wholly owned subsidiary, Revolve Meadows Solar GP Inc., has received power plant approval (decision 29985-D01-2025) from the Alberta Utilities Commission (the AUC) for the 15.7-megawatt Bright Meadows solar project.

Located in the County of Wetaskiwin, Alberta, approximately 80 kilometres south of Edmonton, the Bright Meadows project is a 15.7 MW solar power project that will generate enough renewable electricity to power more than 3,700 homes once operational. The project incorporates agrivoltaics to optimize solar energy production while preserving the agricultural value of the land. This innovative model minimizes land impact and supports long-term sustainability for rural communities.

"AUC approval is the key regulatory permit required for the Bright Meadows solar project and we are now moving forward on the final interconnection and construction planning for this project," said chief executive officer Myke Clark. "Revolve would like to thank the County of Wetaskiwin, the local community and our partners for their support through the AUC process. As we move through final design and construction planning, we remain committed to delivering positive benefits to the local community."

Along with the six MW Box Springs wind farm, the Bright Meadows project will be Revolve's second operational asset in Alberta and is a key component in Revolve's growing portfolio of utility-scale projects being developed in Canada. This milestone allows Revolve to construct and operate the project, pending final interconnection approval and local permit requirements.

With this key AUC approval secured, Revolve will now advance the project with the goal of beginning construction in 2026. Key upcoming milestones include:

• Launch of phase 1 of the geotechnical campaign to assess site soil conditions, followed closely by the more detailed phase 2 geotechnical campaign;
• Initiation of a request for proposals to select a construction partner;
• Commencement of the process to secure a power purchase agreement and project financing;
• Financial forecast. Revolve intends to build, own and operate the Bright Meadows project, which, once operational, will substantially enhance the revenue and cash flow profile of the company. Once fully commissioned, the project is expected to generate annualized revenue in the range of $2.8-million to $3.2-million and EBITDA (earnings before interest, taxes, depreciation and amortization) of between $2.5-million and $2.8-million. The company intends to update these forecasts closer to construction commencing and as the commercial arrangements for the sale of electricity from the project are finalized. Construction on the Bright Meadows project is targeted for the second half of 2026, with revenue generation commencing at commercial operation, which is targeted by the end of 2026.

The Bright Meadows project is one of Revolve's largest late-stage development assets and is expected to contribute meaningfully to the company's revenue-generating portfolio upon completion. Its approval reinforces Revolve's strategy of focusing on mid-size renewable energy assets that benefit from a faster development cycle and potential ease of interconnection. This model positions the company for continued growth in Alberta and across North America.

"Revolve is actively expanding its presence in Canadian provinces with strong renewable energy potential. In parallel, the company continues to evaluate and pursue additional utility-scale opportunities across North America, leveraging its proven development expertise to build a diversified and resilient portfolio of clean energy assets," concluded Mr. Clark.

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. Revolve also installs and operates sub 20 MW behind the metre distributed generation (or DG) assets. Revolve's portfolio includes the following:

• Operating assets: 12 MW (net) of operating assets under long-term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation;
• Development: a diverse portfolio of utility scale development projects across the U.S., Canada and Mexico with a combined capacity of over 3,000 MW as well as a 140-plus MW distributed generation portfolio that is under development.

Revolve has an accomplished management team with a demonstrated record of taking projects from greenfield through to ready-to-build 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 MW of projects.

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