Mr. Jonathan Lansky reports

LEGEND POWER SYSTEMS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT PURSUANT TO THE LISTED ISSUER FINANCING EXEMPTION

Legend Power Systems Inc. has arranged a non-brokered private placement of a minimum of 11,111,111 units and up to a maximum of 14,186,000 units of the company at a price of 12 cents per unit for aggregate gross proceeds of a minimum of $1,333,333 and up to a maximum of $1,702,320. The offering is being completed pursuant to the amendments to National Instrument 45-106 (Prospectus Exemptions) set forth in Part 5A thereof to purchasers resident in Canada, except Quebec, and such other jurisdictions outside of Canada in compliance with applicable securities laws of those jurisdictions. The company has filed a Form 45-106F19 offering document related to the offering that can be accessed under Legend Power's profile at SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision. The non-brokered private placement previously announced Nov. 25, 2025, has been terminated.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share at an exercise price of 12 cents per common share for a period of 36 months from the date of issuance. The units issued in the offering will not be subject to any statutory hold period under applicable Canadian securities laws, subject to limitations prescribed by the listed issuer financing exemption.

In connection with the offering, the company may pay fees in accordance with the policies of the exchange, being a cash commission of up to 5.0 per cent on total proceeds received from subscribers introduced to the company by the eligible finder and the issuance of non-transferable common share purchase warrants equal to up to 3.0 per cent of total units issued to subscribers introduced to the company by eligible finders. Each finder's warrant will entitle the holder to acquire one common share at an exercise price of 12 cents per common share for a period of 36 months from the date of issuance. Securities issued to eligible finders will be subject to a statutory hold period expiring four months and one day after issuance in accordance with the policies of the exchange and applicable Canadian securities laws.

The company intends to use the net proceeds from the offering primarily for operating expenses, material purchases and general working capital purposes, as more specifically detailed in the offering document.

The offering may close in multiple tranches, with the final closing to occur no later than Jan. 31, 2026. The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the exchange.

About Legend Power Systems Inc.

Legend Power provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support pro-active executive decision making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is also a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.

We seek Safe Harbor.