Corporate Redomicile Transactions Receive Final Court Approval

Hydrograph Clean Power Inc. (CSE: HG, OTCQB: HGRAF) announced on 12 November 2026 that the Supreme Court of British Columbia has issued a final order approving the company’s redomicile transactions. The order, dated 10 November 2026, confirms the previously announced plan of arrangement under the Business Corporations Act (British Columbia) and represents the final judicial approval required for the transaction.

Transaction Structure

  • Corporate Structure Post‑Transaction Upon completion, Hydrograph will be indirectly owned by HydroGraph Inc., a Delaware corporation.
  • Shareholder Compensation Existing Hydrograph shareholders will receive either one share of common stock of HydroGraph Inc. or, if eligible and elected, one exchangeable share for each Hydrograph common share held immediately before completion.

Shareholder Participation

The company’s securityholders approved the transaction at a special meeting held on 29 October 2026. Hydrograph has reminded eligible holders who wish to receive exchangeable shares of HydroGraph ExchangeCo Ltd. to submit a completed Letter of Transmittal and Consideration Election Form before the extended deadline of 5:00 p.m. (Vancouver time) on 15 November 2026. Shareholders holding shares through intermediaries should contact their intermediary immediately, as internal deadlines may be earlier. Shareholders who do not make a valid election will receive common stock of HydroGraph Inc.

Next Steps

President and Chief Executive Officer Kjirstin Breure emphasized that the court order is “another important milestone in the redomicile process.” Hydrograph will now focus on completing the remaining steps required to implement the redomicile transactions and align its corporate structure with its growing U.S. operations and long‑term strategic objectives.

Investor Information

The company has made the management information circular dated 16 September 2026 available on its SEDAR+ profile and on its website. Shareholders with questions about the election process may contact Apollo Nora Advisors Ltd. at 1‑888‑610‑4478, 647‑407‑5667, or info@apollo‑advisors.ca.

Market Context

Hydrograph Clean Power Inc. is a Canadian company listed on the Canadian National Stock Exchange, operating in the materials sector with a primary focus on hydropower projects. The company’s share price as of 10 November 2026 closed at CAD 4.96, with a 52‑week high of CAD 11.34 and a low of CAD 2.18. The company has a market capitalization of approximately CAD 1.71 billion and a price‑earnings ratio of –37.17, reflecting its investment‑heavy, growth‑stage operations in sustainable energy generation.