Tate Sullivan

Craig Irwin

Gregory Lewis

- GreenPower Motor Company's EV Star line of products are eligible for up to **$130,000** in incentives under California's Innovative Small E-Fleet (ISEF) program, which reopens on **October 21st** with **$30.5 million** in available incentives.  **[1584547_20251006LA90570:0]** 
- These **Small Business Vouchers** can cover up to **90%** of new vehicle costs for eligible small fleet operators.  **[1584547_20251006LA90570:0]** 
- For the three months ended **September 30, 2025**, GreenPower issued **77,202** common shares at an average price of **U.S. $4.63** per share, resulting in **U.S. $346,418** in net proceeds from its at-the-market equity offering.  **[1584547_20251006LA90570:0]**

GreenPower's EV Star Vehicles Eligible for California Incentives; Company Provides ATM Offering Update

- **GreenPower Motor Company Inc.** (NASDAQ: GP) has launched a **two-year New Mexico All-Electric, Purpose-Built, Zero-Emission School Bus Pilot Project** at two Las Vegas public schools and a Santa Fe charter school.  **[1584547_20250929LA85215:0]** 
- The State of New Mexico is supporting the pilot with **$5 million in capital outlay appropriation** for vehicle purchases and project costs, with an additional **$15 million planned for more school buses** after successful pilot phases.  **[1584547_20250929LA85215:0]** 
- The pilot will deploy **three Type A Nano BEASTs** in the first school year (2025-26) and **two Type D BEAST and one Mega BEAST school buses** in the second school year (2026-27).  **[1584547_20250929LA85215:0]**

GreenPower Motor Company Launches New Mexico Electric School Bus Pilot Project

- GreenPower Motor Company Inc. received a determination letter from Nasdaq on **August 27, 2025**, stating it has not regained compliance with Nasdaq Listing Rule 5550(a)(2) due to its common shares trading below **US$1**.  **[1584547_0001062993-25-015118_exhibit99-1.htm:0]** 
- The company is not eligible for a second 180-day compliance period as it does not meet the **US$5,000,000 minimum stockholders' equity** initial listing requirements and also does not comply with Nasdaq Listing Rule 5550(b) (Equity Rule).  **[1584547_0001062993-25-015118_exhibit99-1.htm:0]** 
- Unless an appeal is requested by **September 3, 2025**, the common shares are scheduled for delisting from The Nasdaq Capital Market and suspension on **September 5, 2025**.  **[1584547_0001062993-25-015118_exhibit99-1.htm:0]** 
- GreenPower intends to **request a hearing to appeal** the determination, which will stay the suspension and delisting process pending the Panel's decision.  **[1584547_0001062993-25-015118_exhibit99-1.htm:0]**

GREENPOWER MOTOR Co (GP)