Sparq Receives $32 Million Expanded Microinverter Purchase Order

Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) (" Sparq " or the " Company ") is pleased to announce that the Company received a purchase order to supply $32 million of its Q2000 Quad Microinverters for deployment in the Indian market. This purchase order expands the previously announced order for Q2000 Quad Microinverters disclosed on March 11, 2026. "This expanded order is a strong validation of both our technology and our ability to support large-scale deployments with leading partners.

We are seeing meaningful momentum in India, and this order positions us to accelerate our growth in one of the world's most dynamic solar markets while continuing to demonstrate the advantages of our Quad microinverter platform at scale," commented Dr. Praveen Jain, Chief Executive Officer of Sparq. ABOUT SPARQ Sparq designs and manufactures next-generation PV microinverters that redefine performance, reliability, and cost for residential and commercial solar. Its proprietary 'Quad' microinverter uniquely optimizes four PV modules with a single device- dramatically simplifying system design and installation while delivering a lower total cost of ownership than conventional solutions.

Built from the ground up for longevity, Sparq's inverters eliminate failure-prone electrolytic capacitors and use advanced AI-driven algorithms to ensure ultra-high reliability. The result is a solar inverter platform engineered to last as long as the PV panels themselves- maximizing energy yield, uptime, and long-term value. Sparq's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.

Cautionary Note Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, including, without limitation, any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events.

These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact: Sparq Systems Inc. Dr. Praveen Jain Chief Executive Officer Email: pjain@sparqsys.com Tel: 343.477.1158 68639931.3 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298766 Source: SPARQ Systems Inc.