
Core Points - GreenPower Motor Company Inc. has announced the consolidation of its issued and outstanding common shares at a ratio of one new share for every ten currently outstanding shares, effective August 28, 2025 [1][2] - Following the consolidation, the total number of shares will decrease from 30,462,084 to approximately 3,046,229 shares, subject to rounding adjustments [2] - There will be no maximum number of authorized shares, and fractional shares will not be issued; instead, shareholders will be rounded up to the nearest whole number [2] Shareholder Instructions - Computershare Investor Services Inc. will send letters of transmittal to shareholders with instructions for exchanging pre-consolidation share certificates for post-consolidation certificates [4] - Shareholders are advised to send their share certificates along with the letter of transmittal to Computershare as per the provided instructions [4] Company Overview - GreenPower designs, builds, and distributes a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans [5] - The company employs a clean-sheet design approach to manufacture vehicles that are battery-powered with zero emissions, integrating global suppliers for key components [5] - Founded in Vancouver, Canada, GreenPower has primary operational facilities in southern California and has been listed on the Toronto exchange since November 2015, completing its U.S. IPO and NASDAQ listing in August 2020 [5]