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GLOBAL POWER SOLUTIONS CORP.

FOR IMMEDIATE RELEASE December 23, 2025

GLOBAL POWER SOLUTIONS CORP. PROVIDES UPDATE ON RENEWABLE ENERGY BUSINESS DEVELOPMENT AND SOLAR PROJECT IN BURUNDI

Vancouver, BC, Canada - December 23, 2025 - Global Power Solutions Corp. (formerly Minaean SP Construction Corp.) (TSX Venture Exchange: PWER; Frankfurt and Berlin Stock Exchanges: NJA) (the "Company" or "Global Power Solutions") is pleased to provide an update on its recent business development activities, reflecting the Company's strategic transition to include the development and execution of renewable energy projects.

The Company recently completed a corporate rebranding from Minaean SP Construction Corp. to Global Power Solutions Corp., better aligning its name, business model, and market positioning with its additional focus on renewable power generation, energy infrastructure development, and project execution. The Company's common shares now trade under the symbol PWER on the TSX Venture Exchange.

Solar Power Project in Burundi - Public Private Partnership (PPP)

Pursuant to a previously signed Memorandum of Understanding with the Government of the Republic of Burundi, Global Power Solutions has been approached by the Ministry of Hydraulics, Energy and Mines to participate in the financing, development, and execution of a 10 megawatt (MW) solar photovoltaic power project located at Hilgiro Hill, Mubuga Zone, Gitega Province, Republic of Burundi.

The project is being developed on a Public Private Partnership (PPP) basis under the directives of the Council of Ministers of Burundi and is being advanced by Gigawatt Burundi. Detailed project studies have been completed, and the Company is currently in discussions to form a consortium of qualified international and regional partners to execute the project.

The proposed 10 MW solar facility will represent an expansion of the existing 7.5 MW Mubuga Solar Power Plant, which was successfully constructed approximately two years ago. The total project cost is currently estimated at approximately US$12 million. The project is expected to be executed using innovative high-efficiency solar panel technology provided by Cool Solar GmbH, designed to deliver enhanced energy output, improved performance in high-temperature environments, and optimized lifecycle efficiency.

As part of its consortium-building efforts, Global Power Solutions has executed a Non-Disclosure Agreement (NDA) with Cool Solar GmbH, a Germany-based renewable energy company for execution of the project as an EPC (Engineering, Procurement and Contracting) company.

About Global Power Solutions Corp.

Global Power Solutions Corp. is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The business strategy of the Company is being expanded to the pursuit of other industrial opportunities, including the development and execution of renewable energy and other clean energy infrastructure projects.

On behalf of the Board of Directors

GLOBAL POWER SOLUTIONS CORP.

Mervyn Pinto

President & Director

Phone: +1 (604) 684-2181

Email: info@minaean.com

Forward Looking Information

This news release contains "forward-looking statements" within the meaning of applicable securities laws, such as statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Use of words such as "may", "will", "expect", "believe", "intends", "likely", or other words of similar effect may indicate a "forward-looking" statement. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including those described in the Company's publicly filed documents (available on SEDAR+ at www.sedarplus.ca). Many of these risks and uncertainties can affect the Company's actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statement made by the Company or on its behalf. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. All forward-looking statements in this news release are qualified by these cautionary statements. These statements are made as of the date of this news release and, except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The Company does not assume any obligation to update or revise any forward-looking statements, whether written or oral, that may be made from time to time by the Company or on the Company's behalf, except as required by applicable law.

Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.