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Hybrid Power Solutions Announces Agreement to Deliver Nine Spark Units to Quebec-Based Equipment Rental Leader

Two Units Already Delivered and Operational at Major Montreal Airport Construction Project

Toronto, Ontario March 12, 2026 – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) (“Hybrid” or the “Company”), an emerging leader in the delivery of fuel-free clean power solutions, announces an agreement with Location GM, a prominent Quebec-based equipment rental specialist, for the delivery of a total of nine of Hybrid’s Spark units, representing a value of Cdn $521,100.

Under the agreement, Hybrid has already delivered the first two Spark units, which are now successfully installed and being operated by a major North American construction company for a project at the Montreal airport. These initial units provide reliable, emissions-free power in a demanding, high-profile infrastructure construction environment where silent, zero-emission operation is critical to meet site requirements and sustainability objectives. The remaining seven Spark units are scheduled for delivery in Q4 (May) 2026 to support Location GM’s growing inventory of clean power solutions for rental to contractors across the province. 

“This agreement with Location GM to deliver nine Spark units marks an important expansion of our clean power solutions into Quebec’s commercial construction and equipment rental markets,” said Francois Byrne, CEO and Director of Hybrid Power Solutions. “With two units already powering critical work at the Montreal airport project, we are demonstrating the real-world performance and value of the Spark in large-scale construction settings. Partnering with a respected rental leader like Location GM will make our fuel-free technology more accessible to contractors’ province-wide, accelerating adoption of sustainable power alternatives on job sites.” 

The collaboration enables contractors to access Hybrid’s Spark systems through Location GM’s rental network, allowing them to trial and deploy clean, dependable power for excavation, elevation, material handling, and other on-site needs. This partnership aligns with increasing demand for emissions-free equipment options that support productivity while advancing environmental and regulatory goals.

This order is part of the LMDH Equipment Sales Inc. advance purchase order previously disclosed in October 2025. The agreement with Location GM forms part of a larger strategic initiative to broaden our product offerings by partnering with both domestic and international rental companies. These collaborations focus on delivering reliable power solutions tailored to the needs of contractors and industrial clients.

About Spark Series Portable Power

The Spark series offers high-capacity, modular portable power with continuous outputs up to 24kW and energy storage from 20kWh to 60kWh, making it ideal for construction sites, remote projects, and equipment-intensive applications. Solar-ready and hybrid-capable, the Spark enables integration with renewable sources for extended off-grid runtime, helping contractors reduce emissions, noise, fuel costs, and regulatory compliance burdens.

About Location GM

Location GM maintains strategically positioned branches throughout Québec, enabling access to one of the province’s most extensive and diversified inventories of heavy machinery, excavation equipment, aerial work platforms, forklifts, and specialized tools. Renowned for its commitment to outstanding customer service—including early-morning availability from 5:00 a.m., expert technical guidance, and dependable province-wide delivery—Location GM has established itself as a trusted partner for commercial contractors across Québec and the Greater Montréal region. The company’s branches are located in Laval, Saint-Jérôme, Sainte-Agathe, Gatineau and Saint-Philippe.

Location GM website : https://www.locationgm.ca/

About Hybrid Power Solutions

Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol “HPSS.” The Company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.

On Behalf of the Company, 

Francois Byrne, CEO and Director

For further information, inquiries, or media opportunities, please contact:

Hybrid Power Solutions
E: invest@hybridps.ca
T: 866-549-2743
www.investhps.com 

Investor Relations
Dean Stuart
E: dean@boardmarker.net
T: 403-617-7609 

Sophic Capital 

Sean Peasgood 

E: Sean@SophicCapital.com

T: 437-836-8862

Forward-Looking Statements

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by terminology such as “will,” “expects,” “anticipates,” or variations of such words and phrases, or by statements that certain actions, events, or results “will” occur. Forward-looking statements are based on management’s estimates as of the date such statements are made and are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements. 

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

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