Global Power Solutions Implements New Omnibus Equity Incentive Plan
Vancouver, BC, Canada – Friday, March 13, 2026 – Global Power Solutions Corp. (TSX Venture Exchange: PWER; Berlin and Frankfurt Stock Exchanges: NJA) (“Global Power” or the “Company”) is pleased to announced that its Board of Directors has approved a new omnibus equity incentive plan (the “New Plan”), which is intended to replace the Company’s current stock option plan last approved by shareholders at the annual general meeting held on March 25, 2025.
The New Plan is a “rolling up to 10% and fixed up to 10%” equity incentive plan, as such term is defined in TSX Venture Exchange (the “Exchange”) Corporate Finance Manual Policy 4.4 – Security Based Compensation. The New Plan allows the Company to issue up to a maximum of 10% of the issued and outstanding common shares of the Company in stock options, and up to an aggregate of 2,431,697 common shares issuable pursuant to performance share units, deferred share units, restricted share units, and other share‑based awards, which number represents a fixed maximum under the New Plan, to directors, officers, employees, and consultants of the Company.
At the next annual general meeting of shareholders on April 7, 2026, the Company will ask shareholders to ratify and confirm the adoption of the New Plan, in accordance with Exchange requirements. The Exchange has conditionally approved the New Plan, however, it remains subject to final approval.
About Global Power Solutions Corp.
Global Power Solutions Corp. is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The business strategy of the Company is being expanded to the pursuit of other industrial opportunities, including the development and execution of renewable energy and other clean energy infrastructure projects.
Haneef Esmail
President, CFO & Director
Phone: +1 (604) 684-2181
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, including but not limited to references to the ratification and adoption of the New Plan by shareholders of the Company, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the results of further exploration and testing, and other risks detailed from time to time in the filings made by the Company with securities regulators, available at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
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