Vancouver, British Columbia--(Newsfile Corp. - April 12, 2024) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider, is pleased to announce its sponsorship of the EV & Charging Expo, taking place at the Enercare Centre in Toronto, ON, on May 1-2, 2024, and participation in the 2024 Transportation Forum presented by Deloitte, taking place at the Pan Pacific Hotel in Vancouver, BC, on May 23, 2024. The Company is also announcing the issuance of equity grants to directors.

EV & Charging Expo

Date: May 1-2, 2024
Location: Enercare Centre, Toronto, ON

The EV & Charging Expo is the event for business and government professionals to experience the latest in electric vehicle charging infrastructure, test drive commercial EVs and meet best-in-class suppliers to enable organizations' EV transition.

In addition to sponsoring and exhibiting at the show, David Bibby, President & CEO of Hypercharge, will be participating in a panel titled, "Electrify your residential developments: EV charging as the new standard," taking place at 3:00pm ET on May 1, 2024 in Theatre East of the Enercare Centre.

Hypercharge invites attendees to use promo code EXPOMEETUS15 for 15% off the Expo Pass, available at https://evandchargingexpo.com.

Deloitte Transportation Forum 2024

Date: Thursday, May 23, 2024
Location: Pan Pacific Hotel, Vancouver, BC

This annual forum will bring together industry experts and government officials to explore the future of moving goods and people around the Vancouver region in the present day and beyond in this era of growth and change.

Hypercharge President & CEO, David Bibby, will be participating in a panel titled, "Powering a More Sustainable Transportation Ecosystem," alongside Wendy Avis, Director, Climate and Environment, Vancouver Airport Authority, and Frank Femia, Senior Manager Strategic Procurement Energy Operation, Shared Services & Sustainability, Air Canada.

Hypercharge invites attendees to register at https://www.boardoftrade.com/events/individual-events/2480-7744.

Issuance of Equity Grants

The Company is announcing it has granted 65,205 stock options ("Options") to directors. Each Option is exercisable to purchase one common share in capital of the Company (a "Common Share") at an exercise price of $0.22, for a 5-year term. The Options vest in 25% tranches, on each of 3, 6, 9, and 12 months following the date of grant. The Company has also granted 483,493 restricted share units (each, a "RSU") to directors, vesting one year from the grant date. Each RSU entitles the holder thereof to receive, once vested, one Common Share. The grants are governed by the terms of the Company's equity incentive plan and are subject to the requirements of the TSX Venture Exchange.

About Hypercharge
Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to providing seamless, simple charging solutions by offering industry-leading equipment and a robust network of public and private charging stations. Learn more: https://hypercharge.com/.

On behalf of the company,

Hypercharge Networks Corp.
David Bibby, President & CEO

Contacts

Investor Relations:
Chris Tyson | Executive Vice President | MZ Group
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Media Contact:
Kyle Kingsnorth | Head of Marketing | Hypercharge
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Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements regarding commercial developments and equity incentive issuances. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements 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. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

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 news release.