Mr. Francois Byrne reports

HYBRID POWER SOLUTIONS SIGNS DISTRIBUTION AGREEMENT WITH MEYER DISTRIBUTING TO EXPAND CLEAN POWER ACCESS FOR NORTH AMERICAN VEHICLE UPFITTERS

Hybrid Power Solutions Inc. has entered into a distribution agreement with Meyer Distributing, one of North America's leading wholesale distributors of automotive specialty products, parts and accessories.

Under the agreement, Meyer Distributing will add Hybrid's innovative, portable, fuel-free power systems to its extensive product lineup. These clean energy solutions are ideally suited for off-grid and remote vehicle applications, including upfitting for work trucks, contractor vehicles, recreation vehicles and towing set-ups, Jeep and off-road builds, and other specialty automotive uses where dependable, emission-free power is essential.

To kick off the partnership, Meyer Distributing has placed opening orders for initial stocking, totalling four Batt Pack Energy units, four Batt Pack Pro units and four high-speed vehicle charging kits (two per model). These freight-free orders are shipping to Meyer's warehouses, enabling immediate availability and fast distribution to vehicle upfitters nationwide.

Meyer Distributing, a leader in automotive, RV, towing, powersports and contractor product distribution since the 1930s, serves thousands of customers nationwide, including vehicle upfitters, aftermarket retailers, dealers and wholesalers, through its strategically positioned warehousing facilities. The company offers fast and reliable delivery, with capabilities to reach most locations quickly, often next day or within short time frames, from its multiple warehouses. Meyer will stock initial inventory of Hybrid Power Solutions products at key facilities to support rapid fulfilment.

Meyer's robust on-line business-to-business e-commerce platform (Meyer Online) provides real-time access to inventory, pricing and ordering for its extensive network of customers. Thousands of vehicle upfitters and related professionals can discover, quote and purchase Hybrid's clean power systems directly through this platform. Additionally, Meyer will promote Hybrid products through its on-line and off-line marketing channels, including catalogues, e-mail campaigns and targeted outreach to its broad dealer and upfitter network, helping expand awareness and adoption across North America.

"This distribution agreement with Meyer Distributing represents a major step forward in bringing our fuel-free power solutions to the vehicle upfitting and specialty automotive markets," said Francois Byrne, chief executive officer and director of Hybrid Power Solutions. "Meyer's scale, fast delivery network and direct access to thousands of upfitters and installers align perfectly with our mission to accelerate the adoption of clean, portable energy in remote and mobile applications. We are excited to leverage their expertise and reach to drive growth."

Meyer Distributing's focus on diversification, customer service and technology makes it an ideal partner to introduce Hybrid's products to a wide range of professionals who demand dependable power solutions for their upfitted vehicles.

Conference call

Hybrid will host a conference call on Thursday, March 5, 2026, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). Interested parties are invited to register.

About Hybrid Power Solutions Inc.

Hybrid is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol HPSS. The company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.

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