PowerBank Announces Results of Annual General Meeting

Toronto, Ontario, December 12, 2025 — PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) (“PowerBank” or the “Company”), a leader in North American energy infrastructure development and asset ownership, reports that the nominees listed in the management information circular for the 2025 Annual General Meeting of shareholders (the “Meeting”) were elected as directors of PowerBank. Detailed results of the vote for the election of directors held at the Annual General Meeting on December 11, 2025 in Toronto, Ontario, are set out below:

Votes for % Votes forVotes withheld% Votes withheldDr. Richard Lu7,335,60599.83%         12,3350.17%Matthew Wayrynen7,293,98699.27%53,9540.73%Paul Pasalic7,327,68699.72%20,2540.28%Paul Sparkes7,312,63399.52%35,3070.48%Chelsea Nickles7,330,72599.77%17,2150.23%

Shareholders at the Meeting also voted in favour of appointing Deloitte LLP as auditors.

About PowerBank Corporation

To learn more about PowerBank, please visit www.powerbankcorp.com.

For further information, please contact:‎

PowerBank Corporation

Tracy Zheng

Email: tracy.zheng@powerbankcorp.com

Phone: 416.494.9559