An anonymous director reports

EXRO TECHNOLOGIES RESPONDS TO MARKET ACTIVITY

At the request of CIRO (Canadian Investment Regulatory Organization), Exro Technologies Inc. has issued the following statement in response to recent trading activity in its common shares.

Exro confirms that it is not aware of any undisclosed material change to the company's business or operations that would account for the recent increase in its share price and trading volume.

As previously disclosed, the company continues to actively explore financing alternatives to support its business plan and remains focused on executing its strategic initiatives.

About Exro Technologies Inc.

Exro Technologies, now expanded through the strategic acquisition of SEA Electric, is a leading clean technology company that has developed new-generation power control electronics. Its innovative suite of solutions, including Coil Driver, Cell Driver and SEA-Drive, expand the capabilities of electric motors and batteries and offer OEMs (original equipment manufacturers) a comprehensive e-propulsion solution with unmatched performance and efficiency. Exro is reshaping global energy consumption, accelerating adoption toward a circular electrified economy by delivering more with less -- minimum energy for maximum results.

We seek Safe Harbor.