GreenPower Announces Results of Annual General and Special Meeting and Appointment of Officers

On March 27, 2026, GreenPower Motor Company Inc. (NASDAQ: GP), a prominent manufacturer of all-electric medium and heavy-duty vehicles, announced the outcomes of its Annual General and Special Meeting (AGM) held in Vancouver, British Columbia. During the meeting, shareholders overwhelmingly elected management's slate of director nominees, which included Mark Achtemichuk, Fraser Atkinson, Malcolm Clay, Sebastian Giordano, David Richardson, and Brendan Riley. This result underscores shareholder confidence in the current leadership team.

Additionally, shareholders re-approved the Company's 2022 Equity Incentive Plan, which aims to incentivize employees and align interests with those of shareholders. Davidson & Company LLP was appointed as the Company's auditors for the upcoming fiscal year, reflecting a continuity in transparent financial practices.

Subsequent to the AGM, the newly elected Board of Directors appointed key executives to lead the Company through the next year. Fraser Atkinson takes the helm as Chairman and Chief Executive Officer, while Brendan Riley has been appointed President, and Michael Sieffert serves as Chief Financial Officer and Corporate Secretary. These appointments position GreenPower for continued growth in the zero-emission vehicle sector.

GreenPower specializes in designing and manufacturing a diverse range of all-electric vehicles, including transit buses, school buses, shuttles, and cargo vans. Their innovative, clean-sheet design approach ensures vehicles are specifically engineered for battery power, promoting zero emissions and sustainability, while also facilitating easier maintenance and warranty support through standardization of parts.

For additional information about GreenPower Motor Company Inc. and its commitment to sustainable transportation, interested parties can visit the Company's website at www.greenpowermotor.com.

Following the recent Annual General and Special Meeting (AGM) of GreenPower Motor Company Inc. (NASDAQ: GP), the company has reaffirmed its commitment to growth in the electric vehicle (EV) sector. The re-election of management’s director nominees and the continuation of their 2022 Equity Incentive Plan signal solid governance and a unified strategic direction. These factors create a generally positive outlook for investors.

GreenPower operates in an expanding market characterized by increasing demand for zero-emission vehicles as governments and businesses worldwide strive to meet environmental targets. Their focus on diverse vehicle types—including transit buses, school buses, shuttles, and cargo vans—positions them favorably to capture a variety of sectors, enhancing market resilience.

Investors might view the appointment of key executives like Fraser Atkinson as CEO and Michael Sieffert as CFO as positive indicators of effective leadership overseeing the company’s operations. Their experience should enable the company to scale effectively, navigate regulatory environments, and respond to the competitive landscape.

Moreover, the renewal of the equity incentive plan suggests a strategic alignment between management's performance and shareholder interests, potentially fostering innovation and growth. It could also be seen as a move to attract and retain top talent in a competitive EV space.

Nonetheless, prospective investors should remain cognizant of potential risks. Market volatility and policy changes regarding EV incentives and regulations could impact performance. Moreover, supply chain disruptions and technological advancements by competitors could pose challenges.

In conclusion, while GreenPower’s AGM outcome appears favorable, investors should conduct thorough due diligence and consider market dynamics before making investment decisions. Monitoring the company’s strategic execution and market developments will be crucial in assessing its growth trajectory in the coming months.