Mr. David Bibby reports

HYPERCHARGE SECURES CONDITIONAL APPROVAL FOR MAJOR DC FAST CHARGING PROJECT IN WESTERN CANADA

Hypercharge Networks Corp. has received conditional approval for up to 12 DC (direct current) fast-charging locations to be deployed in Western Canada, worth an estimated $2-million to $3-million. The project is anticipated to commence in the second half of 2024 and expected to continue through 2025, with revenue recognized upon delivery of charging stations.

This initiative, by a Western Canadian energy infrastructure provider, marks a substantial step in expanding public charging infrastructure across urban and rural areas in Western Canada. Conditional approval is subject to certain conditions, including, but not limited to, infrastructure buildout, including the development or expansion of certain physical facilities, and sufficient project financing.

"This significant initiative represents a tremendous opportunity for Hypercharge to partner with a leading energy infrastructure provider to enable innovative charging solutions. By increasing the availability of public fast-charging stations, we further our goal of providing critical infrastructure required to accelerate the adoption of electric vehicles in Canada," said David Bibby, president and chief executive officer of Hypercharge.

About Hypercharge Networks Corp.

Hypercharge Networks is a leading provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift toward a carbon-neutral economy, Hypercharge is committed to providing seamless, simple charging solutions by offering industry-leading equipment, and a robust network of public and private charging stations.

We seek Safe Harbor.