Mr. Broderick Gunning reports

NU E POWER CORP. ACCELERATES GLOBAL SCALE: SURPASSES 1 GW HYBRID POWER PLATFORM AND ANNOUNCES VETERAN ENERGY FINANCIER EUGENE HODGSON TO BE JOINING BOARD OF DIRECTORS

Eugene Hodgson will join NU E Power Corp.'s board of directors following the company's annual general meeting to be held on Dec. 18, 2025. The proposed appointment strengthens corporate governance as NU E accelerates development of large-scale hybrid power sites solving critical power pressures for the digital and energy economies and surpasses one gigawatt of global hybrid power capacity across its development portfolio.

Mr. Hodgson brings more than 30 years of senior leadership in energy infrastructure, structured finance and public-private partnerships. As former vice-president (western region) of Corpfinance International Ltd., he specialized in green power, P3 financing, and complex infrastructure structuring across British Columbia and Canada. He has served on the boards of several Toronto Stock Exchange- and New York Stock Exchange-listed companies, including Timmins Gold Corp., Sea Breeze Power Corp. and Silvermex Resources Inc. He has been involved in major renewable and transmission development initiatives representing several hundred megawatts of capacity. Mr. Hodgson is also a recipient of the Queen's Silver Jubilee medal.

Quote from Mr. Hodgson

"NU E Power has reached a pivotal moment, crossing the one-gigawatt threshold and establishing a truly global hybrid power platform. I'm honoured to be shortly joining the board at a time when the company is scaling across continents and delivering the reliable, adaptable energy that the digital and traditional economies increasingly depend on. NU E's vision -- building the power that powers everything -- aligns strongly with where the world is headed, and I look forward to supporting the team as we execute on the next phase of growth."

Lethbridge two and Lethbridge three: strategic Alberta expansion

NU E continues to advance its Alberta development program, highlighted by Lethbridge two and Lethbridge three, located approximately two kilometres south of the Lethbridge Airport.

Project highlights:

• Hybrid renewable development strategy;
• Expected output: approximately 327,000 megawatt-hours annually;
• Carbon offset: approximately 135,000 tonnes per year;
• Advanced through rigorous environmental, noise, glare and community impact review;
• These sites follow the successful commissioning of Lethbridge one, establishing NU E as a multistage renewable and hybrid energy developer in one of Canada's fastest-growing power corridors.

A new era for NU E Power

With the global economy facing severe pressure from artificial intelligence compute growth, digital infrastructure, industrial electrification and grid constraints, NU E Power is positioned at the intersection of:

• AI and high-density compute;
• Grid and community power;
• Hybrid generation (solar, gas, grid and storage);
• Digital energy monetization and tokenized infrastructure.

NU E is building scalable next-generation power sites designed to meet the rising energy needs of both the digital economy (AI, cloud, telecom and bitcoin) and the traditional economy (communities, industry and utilities).

About NU E Power Corp.

NU E is a vertically integrated energy infrastructure company developing next-generation hybrid power sites to meet the accelerating demand of AI and industrial and community electrification. Through its hybrid approach -- combining renewable energy, grid power, gas generation and storage -- NU E delivers scalable, reliable and optimized energy for tomorrow's digital and traditional economies.

We seek Safe Harbor.