Mr. David Bibby reports

HYPERCHARGE ANNOUNCES APPOINTMENT OF KYLE MONCRIEF, CFA AS VP, CORPORATE DEVELOPMENT AND FP&A, AND CHANGES TO BOARD OF DIRECTORS

Hypercharge Networks Corp. has appointed Kyle Moncrief, CFA, as vice-president, corporate development, and financial planning and analysis (FP&A).

In this role, Mr. Moncrief will lead corporate strategy, long-term planning and enterprise value creation initiatives, with a focus on advancing strategic partnerships, supporting revenue growth initiatives and strengthening Hypercharge's capital markets outreach. Working closely with the company's executive leadership, he will help advance capital deployment priorities and strategic partnerships as Hypercharge continues to scale across North America and assess strategic opportunities to accelerate long-term growth.

"Kyle brings a strong combination of business transformation, financial strategy and M&A experience to Hypercharge at an important stage in the company's growth," said David Bibby, president and chief executive officer of Hypercharge. "As Hypercharge continues to scale, his background in strategic planning, capital allocation and corporate strategy will strengthen our ability to identify and execute on opportunities that support long-term value creation."

Mr. Moncrief brings 14 years of experience across capital markets, corporate development and operational strategy in sectors, including technology, heavy equipment, last-mile energy, forestry, and oil and gas. He has established strategic partnerships, launched new offerings and led more than 20 transactions across North America and EMEA (Europe, the Middle East and Africa), representing over $1-billion in enterprise value deployed.

Prior to joining Hypercharge, Mr. Moncrief served as vice-president, corporate development and FP&A at Zones Technologies. He previously held senior corporate development roles at Finning and 4Refuel, where he helped drive significant growth through new offerings, key partnerships and acquisitions, while also contributing to the company's energy transition strategy. At Finning, he worked closely with Hypercharge president and CEO David Bibby on growth-oriented initiatives and strategic development efforts. Prior to that, he worked at Mercer International and co-founded a startup, Mewzy, and before that held capital markets roles at National Bank Capital Markets and TD Securities.

In connection with his appointment, Hypercharge has granted Mr. Moncrief 1,333,333 stock options. The options have an exercise price of eight cents, have a five-year term, and will vest in equal instalments over three years at six, 12, 18, 24, 30 and 36 months from the date of grant.

Changes to the board of directors

The company is also announcing that Liam Firus, co-founder of Hypercharge, has resigned from its board of directors.

The company extends its sincere appreciation to Mr. Firus for his leadership, service and dedication since its founding in June, 2021. His contributions have helped shape the company's growth and support its evolution into a multimillion-dollar revenue-generating business.

"On behalf of the entire company, I want to sincerely thank Liam for his leadership, vision and dedication since Hypercharge's founding," said Mr. Bibby. "Liam has played an instrumental role in building the company and helping position it for long-term success. His contributions have left a lasting mark on Hypercharge and we are grateful for his continued support as the company enters its next chapter."

"It has been an incredible privilege to serve as a director and help build Hypercharge from the ground up as one of its founders," said Mr. Firus. "Over the past five years, we have successfully grown Hypercharge from a prerevenue idea into a multimillion-dollar revenue-generating business. With a strong operational foundation and clear path forward, this makes it the ideal time for me to step back from the board and focus on new initiatives. I have strong confidence in David and the management team's vision and ability, and I remain deeply committed to Hypercharge's success, and will continue as a strong supporter and advocate for the team and its mission to accelerate EV adoption across North America."

Equity grants to the CEO

As FY (fiscal year) 2026 comes to a close, the board of directors would also like to thank Mr. Bibby for his leadership, dedication and contributions throughout the fiscal year. Under his guidance, Hypercharge has continued to advance its strategic objectives and strengthen its position for long-term growth.

In recognition of these efforts, the company has granted 3,041,609 stock options to Mr. Bibby and 3,041,609 restricted share units (RSUs). The options are exercisable at a price of eight cents per share for a period of five years from the date of grant, and will vest in four equal instalments at six, 12, 18 and 24 months from the date of grant. The RSUs will vest as to 50 per cent on the one-year anniversary of the date of grant and 50 per cent on the two-year anniversary of the date of grant, subject to the terms and conditions of the company's equity incentive plan.

About Hypercharge Networks Corp.

Hypercharge is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV (electric vehicle) adoption and enable the shift toward a carbon neutral economy, Hypercharge is committed to offering seamless, simple solutions, including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations.

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