GreenPower Provides Corporate Update

Company Update - GreenPower Motor Company Inc. is a manufacturer and distributor of all-electric, zero-emission medium and heavy-duty vehicles, focusing on cargo, delivery, shuttle, transit, and school bus markets [1][4] - The company has appointed RedChip Companies, Inc. as its Investor Relations Representative, with a monthly fee of US $10,500 for services including investor marketing and communication [2] Compliance Notice - On February 27, 2025, GreenPower received a notice from Nasdaq indicating that its share price has been below the minimum requirement of$1 per share for 30 consecutive business days, resulting in non-compliance with Nasdaq Listing Rules [3] - GreenPower has 180 calendar days to regain compliance by closing above $1 per share for 10 consecutive trading days, with a potential extension of an additional 180 days if certain conditions are met [3]