Mr. Francis Letourneau reports

NURAN WIRELESS ANNOUNCES CREATION OF NUENERGY, A SOLAR, STORAGE AND HYBRID POWER SUBSIDIARY

Nuran Wireless Inc. has created NuEnergy Ltd., wholly owned subsidiary that will own and operate the company's solar, storage and hybrid power systems across its African footprint. NuEnergy is intended to address one of Africa's most persistent infrastructure gaps: the lack of reliable electricity in many rural and underserved communities.

NuEnergy is expected to provide reliable, low-cost electricity to Nuran's connectivity sites and its future edge compute nodes. Where practical and permitted, NuEnergy will also assess opportunities to supply power to third parties, creating potential synergies between mobile connectivity and electricity services that could strengthen both business lines and enhance the value of Nuran's rural infrastructure platform.

Key points:

• NuEnergy will own and operate Nuran's solar, storage and hybrid power systems.
• NuEnergy is intended to provide reliable, low-cost electricity to Nuran's own rural connectivity sites.
• Combining mobile connectivity and electricity services may create a reinforcing model in which telecom demand provides a stable base load for energy assets, while electricity access supports local income growth and greater mobile usage.
• Productive-use customers, including shops, small businesses, agricultural users, charging services and local institutions, may add daytime electricity demand, helping align the load curve with solar production.
• NuEnergy will also evaluate possible third party power sales where practical and permitted.
• The structure is designed to support infrastructure-focused financing and improve capital efficiency.
• Nuran intends to preserve its integrated platform advantage by keeping site ownership, power and connectivity aligned within the broader group.

NuEnergy -- powering the integrated platform

Power is one of Nuran's core strengths, and NuEnergy is designed to build on that foundation. Across many African markets, demand for reliable and affordable energy remains significant, particularly in rural and underserved communities where access to grid electricity is limited, intermittent or unavailable. NuEnergy will own and operate the company's solar, storage and hybrid power systems across Nuran's African footprint, supporting the company's rural connectivity operations, future infrastructure initiatives and the broader development of local energy services around its sites.

By placing these energy assets in a focused subsidiary, Nuran aims to improve capital efficiency, support infrastructure-focused financing and maintain the benefits of an integrated platform in which site ownership, power infrastructure and connectivity remain aligned within the broader Nuran group. Management believes this combined model may support more efficient deployment and operation of infrastructure in underserved African markets.

Management believes the combination of connectivity and electricity can be a powerful, differentiated model in rural markets. In addition to powering telecom equipment, NuEnergy is expected to create opportunities for practical local energy services, including charging facilities for mobile phones and other small devices used by households, merchants and community institutions. This recharging capacity may help remove a key barrier to mobile adoption and usage in off-grid areas: the ability for users to keep devices powered consistently. As local populations gain more dependable access to charging, Nuran expects this may support higher call volumes, data usage, mobile-money activity and other digital services over time, thereby reinforcing the economics of the company's rural connectivity sites.

The model may be further strengthened by productive-use customers that consume power during the day, such as small businesses, agricultural users, charging services and local institutions. This daytime demand can better match the production profile of solar power systems, improving asset utilization and supporting more attractive economics for rural energy infrastructure.

Management comment

"NuEnergy gives our solar, storage and hybrid power systems a dedicated platform of their own," said Francis Letourneau, director and chief executive officer of Nuran Wireless. "Reliable power is central to rural connectivity, but we also believe the reverse is true: Connectivity can help make rural energy more bankable. Telecom demand is remarkably resilient and can provide a stable base load for our energy assets, while electricity access can support local incomes and, over time, increase demand for mobile services. By combining power and connectivity, we see an opportunity to create a stronger, more investable infrastructure model for underserved communities."

About Nuran Wireless Inc.

Nuran Wireless is a rural telecommunications infrastructure company connecting remote and underserved communities across Africa. Through its network-as-a-service model, Nuran finances, builds, owns, operates and maintains 2G, 3G and 4G mobile network infrastructure for mobile network operators seeking to expand coverage outside urban markets.

Nuran has more than 5,000 sites under contract, of which a portion have been built and are operating today. The company combines telecommunications engineering, low-power wireless technology, renewable-energy-enabled infrastructure, site selection and field operations to solve the economic and technical challenges of rural mobile coverage.

Nuran is also building on this foundation through NuEnergy, its wholly owned subsidiary focused on owning and operating the company's solar, storage and hybrid power systems across its African footprint.

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