Hybrid Power Solutions grants stock options and restricted share units

Toronto, Ontario – August 7, 2026 - TheNewswire – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) (“Hybrid” or the “Company”), an emerging leader in fuel-free clean power solutions, is pleased to announce the grant of incentive securities under the Company’s equity compensation arrangements, subject to the approval of the Canadian Securities Exchange (CSE).

The Company has granted an aggregate of 100,000 stock options to a director of the Company as part of the director’s yearly compensation. The options are exercisable at a price of $0.055 per common share for a term of five years from the date of grant.

In addition, the Company has granted 58,000 restricted share units (“RSUs”) to an employee of the Company as part of its employee compensation plan. The RSUs are subject to the terms of the Company’s equity incentive plan and applicable vesting conditions.

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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TheNewsWire

August 7, 2026 - 2:00 PM PDT

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