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Global Power Solutions Corp
Symbol PWER
Shares Issued 24,316,976
Close 2026-04-10 C$ 0.24
Market Cap C$ 5,836,074
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Global Power Solutions holders approve AGM resolutions

2026-04-10 18:29 ET - News Release

Subject: Global Power Solutions news release Word Document

File: '\\swfile\EmailIn\20260410 152119 Attachment 20260410- 09. PWER AGM Results.docx'

FOR IMMEDIATE RELEASE April 10, 2026

Global Power Solutions Reports Voting Results from its Annual General Meeting

Vancouver, BC, Canada - Friday, April 10, 2026 - Global Power Solutions Corp. (TSXV: PWER) (FSE: NJA) ("Global" or the "Company) announces the details of the voting results from its Annual General Meeting, held on April 7, 2026 in Vancouver, BC.

By resolution passed via ballot, the three nominees referenced below were appointed as Directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The results of the ballot were as follows:

Name of Nominee

Votes For

Percent

Votes Withheld

Percent

Meryvn Pinto

728,681

100.00%

0

0%

Haneef Esmail

728,681

99.59%

3,000

0.41%

Jarryd Pinto

728,681

100.00%

0

0%

Shareholders also voted in favour of (i) the re-appointment of Davidson & Company LLP, as auditors of the Company for the ensuing year and authorizing the Directors to fix their remuneration; (ii) fixing the number of directors on the Company's Board of Director at three (3) persons, and (iii) approving the new Omnibus Equity Incentive Plan (the "Omnibus Plan").

The Omnibus Plan is a "rolling up to 10% and fixed up to 10%" equity incentive plan, as such term is defined in TSX Venture Exchange (the "Exchange") Corporate Finance Manual Policy 4.4 - Security Based Compensation. The Omnibus Plan allows the Company to issue up to a maximum of 10% of the issued and outstanding common shares of the Company in stock options, and up to an aggregate of 2,431,697 common shares issuable pursuant to performance share units, deferred share units, restricted share units, and other share based awards, which number represents a fixed maximum under the Omnibus Plan, to directors, officers, employees, and consultants of the Company.

The Omnibus Plan remains subject to the final acceptance of the Exchange.

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:

Global Power Solutions Corp.

"Peter Medved"

President & CEO

Tel: 604.684.2181 | Email: info@globalpowercorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws relating to the business and operations of Global Power Solutions Corp. ("Global Power" or the "Company"). Forward-looking statements in this release may include, but are not limited to, statements regarding the development and deployment of the Company's modular hydrogen power systems, the identification and establishment of potential manufacturing or staging facilities, the integration of licensed and commercially available hydrogen technologies, potential system efficiencies, future commercial applications, and the ability of the Company to obtain any required regulatory approvals. Forward-looking statements are often, but not always, identified by the use of words such as "plans," "expects," "is expected," "scheduled," "intends," "anticipates," "believes," "contemplates," "proposes," "estimates," or similar expressions, or statements that certain actions, events, or results "may," "could," "would," "might," or "will" be taken, occur, or be achieved. Forward-looking statements are based on the current expectations, assumptions, and beliefs of management as of the date of this release. Actual results and developments may differ materially from those contemplated by these statements due to a variety of known and unknown risks, uncertainties, and other factors. These risks and uncertainties include, but are not limited to, risks related to the development and commercialization of hydrogen energy technologies, the integration of third-party equipment and technologies, the availability of suitable manufacturing locations and partners, the ability to obtain necessary regulatory approvals, changes in economic or market conditions, supply chain factors, technological development risks, and the ability of the Company to successfully execute its business strategy. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated, or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements contained in this release are made as of the date of this release.

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