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Why Is This Clean Tech Automotive Company Focusing On Sustainability?

Worksport

Read more about ESG-focused Worksport (NASDAQ: WKSP) here. “We do not inherit the earth from our ancestors, we borrow it from our children.” This Native American proverb is often quoted to emphasize the importance of focusing on the future when making critical decisions: especially when the environment is involved. The choices we make today undoubtedly affect future generations– that’s precisely why it is mentioned throughout North American-based Worksport Ltd. (NASDAQ: WKSP)’s company materials. President and CEO Steven Rossi remains steadfast in this belief–with the history to prove it. For over a decade, the company has innovated in an often antiquated automotive space. Starting out with creating tonneau covers that protect truck beds, Worksport gained its title as the disruptive innovator in this space for the #1 selling vehicle in North America. Worksport has 9 patents, and 19 pending, related to its tonneau covers. The company says it continues to modernize its tonneau offerings to complement improvements in pickup trucks from companies like Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM). Sustainability Focus The world changed drastically since the inception of these initial products: the focus on ESG, renewable energy, and protecting the environment has only increased over the years. For example, the electric truck market alone reached 69,597 units in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 39.7% to 1.4 million units by 2031, according to data provided by Worksport. Understanding this impact, Worksport also focused on offering sustainable solutions for pickup trucks as well: through its company Terravis Energy Terravis Energy: Home, which concentrates on developing and expanding applications for sustainability-focused products. Terravis Energy produces: Hydrogen Fuel Cell Powered DC Fast Chargers Ultra High Performance Cold Climate Heat Pumps Micro and Nano Grids Using hydrogen energy, decarbonized heating and cooling solutions, solar energy, and grid-connected chargers, Terrvis is innovating products that would typically contribute the most emissions to our environment. A Powerhouse Partnership With no signs of slowing down, the company signed an agreement in April with Hyundai Motor Co. (KRX: 005380) to produce prototypes of the Worksport SOLIS and a modified version of its COR energy storage system (ESS) adapted for the Hyundai Santa Cruz vehicle. The prototypes for both models are expected to be presented to Hyundai in October. The SOLIS tonneau cover is solar-powered and enhances battery performance for electric vehicles. This cover is redefining what “unplugged” truly means, helping to generate up to 650+ watts of power charged by the sun. In addition, customers can keep charged all day long with the new COR energy storage device, which has the ability to be used in multiple environments, including for household appliances. The portable battery system aims to revolutionize the meaning of “energy on the go”, powering devices throughout the day, with sustainable battery options, and its user-friendly interface. Product types range from 1500 Wh to 4500 Wh, depending on your use-case scenario. The best part? It can be charged with your standard wall outlet, solar panels, 12V batteries, or SOLIS tonneau cover. Making Good On Promises Worksport has kept it’s word on previous promises, and has delivered on the following initiatives: Initiated its B2C sales strategy with products being launched on Amazon (NASDAQ: AMZN), ebay (NASDAQ: EBAY), and Walmart (NYSE: WMT) By the end of June, the ecommerce site will be up and running at www.shopworksport.com COR is currently being tooled for production and undergoing final UL testing SOLIS is in the final stages of development and production will take place in the new Worksport factory in West Seneca, New York. With all of these recent developments, the key to the future of sustainable automotive products might just rest in the most unlikely of places: the bed of a pickup truck. After all, like Rossi says, “Pickup trucks are more than an industry–they are a lifestyle…and a philosophy.” Worksport Ltd. was founded in 2011 with a passion for making products better, simpler, and more beautiful, bringing innovation to an innovation-less market. Starting as a producer of tonneau covers for pickup trucks in the United States and Canada, Worksport has since evolved to position itself as an innovator in its space. Over the past 5 years, Worksport has been working on its hybrid energy system named TerraVis, a portable solar power generation system capable of forming personal microgrids for pickup trucks. Developing the technology that makes up the TerraVis system is the first step in the Company’s strategy to increase its market share through innovation in the auto forest and clean tech sectors. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Worksport +1 888-554-8789 info@worksport.com

July 01, 2022 09:55 AM Eastern Daylight Time

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Moose Cree First Nation Signs Ground-Breaking RPAS Technical Skills Training Agreement with Volatus Aerospace

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL, OTCQB:VLTTF) ("Volatus" or "the Company") is pleased to announce that it has signed an agreement on Monday, June 27, 2022 to provide ongoing RPAS technical skills training to Moose Cree First Nation members. The training activity will take place in the Moose Cree community and Volatus will mentor the nation in developing its critical skills and infrastructure for a robust RPAS business servicing the community. “Working with Moose Cree First Nation to establish an in-community base of trained RPAS operators is a very important first step in forming a foundation for a successful RPAS business” stated Rob Walker, Volatus COO. “We envisage Moose Cree’s RPAS capability developing into future cargo delivery, hot spot fire mapping, ice flow surveillance, search and rescue activities, and various infrastructure inspection capabilities.” Moose Cree Director of Economic Development, Stan Kapashesit stated: “We chose to work with Volatus and Indigenous Aerospace because of their broad knowledge base in all things RPAS. Their demonstrated expertise in pilot training, regulatory obligations and safety systems will prove invaluable as we look at our future growth into cargo operations, mapping, inspections, and search and rescue missions. We are proud to launch our RPAS initiative which will serve our community and build our knowledge and capacity to support growth and economic success.” About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 30, 2022 07:50 AM Eastern Daylight Time

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New Report Details How to Reduce Carbon Emissions by 22% in Global Supply Chain by Adopting a Freight Data Exchange Standard

Coalition for Reimagined Mobility

The Coalition for Reimagined Mobility (ReMo), a global initiative created to shape policy and ideas for more equitable and sustainable movement of people and goods around the world, today released a report that details the impact of freight sector data sharing to improve the sustainability and reliability of the global supply chain. The report includes new modeling from the International Transport Forum (ITF), which found that the adoption of an open freight data exchange standard would not only improve operational efficiencies across the supply chain, reducing the unprecedented level of goods stuck at global ports, it will also result in an estimated 22% reduction in carbon emissions by 2050 and eliminate 2.5 billion barrels of oil per year. Freight data exchange standards are open or freely available technical specifications that define how to share critical information to seamlessly facilitate global freight logistics. Standardizing the exchange of freight data will support a transition to widespread software-enabled communication forming the backbone of better stakeholder coordination across the global supply chain. Clean Fuel and Electrification Are Not Enough to Decarbonize the Freight Sector “We need a comprehensive plan of action to decarbonize our global freight sector,” said Mary Nichols, co-chair of the Coalition for Reimagined Mobility. “Business as usual is not an option. As we transition to increasingly lower carbon fuels, vessels and vehicles, we must also rapidly deploy technology solutions that will drive operational efficiencies - and critically needed climate benefits - across the global supply chain.” ReMo partnered with the ITF to use its globally renowned freight emissions model to quantify emissions reductions that could be generated by data exchange to share logistical data in near real-time and streamline the supply chain. The impact is significant, including: A reduction of sea freight emissions by 280 million tons of carbon per year and road freight emissions by 360 million tons of carbon per year; Elimination of 2.5 billion barrels of oil per year; and A 6-percent cost savings per ton-kilometer. A Freight Data Exchange Standard Will Increase Freight System Resilience and Sustainability While Reducing Oil Dependence. Digitalization of the freight sector has lagged as market and regulatory failures have created barriers to change. The time for action is now. The Coalition for Reimagined Mobility calls on policymakers to take the following steps immediately: Require the use of freight data exchange standards as a condition for accessing ports. Deploy freight data exchange standards that communicates near real-time operational data. Allocate authority to national governments and ports to require the use of freight data exchange standards. Allocate seed funding to ports and industry stakeholders to deploy data exchange standard pilots and projects. Initiate and fund targeted intermodal exchange and smart steaming programs to realize near-term emissions reduction benefits. “The world’s largest shippers and major supply chain players must work together to forge a new path to decarbonization and resilience by embracing digitalization and a globally accepted freight data exchange standard,” said Michael Hynekamp, COO, Wallenius Wilhelmsen ASA. “We, alongside members of the Coalition, are committed to reimagining the freight system in collaboration with private and public organizations around the world. Digital transformation is the way towards our sustainable future.” Visit this link to download the full report. For more information about the Coalition for Reimagined Mobility, and a detailed list of commissioners, please visit: https://reimaginedmobility.org/about/. About the Coalition for Reimagined Mobility The Coalition for Reimagined Mobility (ReMo) is a global effort of industry, government and academic leaders shaping more equitable and sustainable policy solutions that leverage technology to improve the movement of people and goods. As an initiative of SAFE, the Coalition for Reimagined Mobility conducts research and advocacy to advance economically sustainable policies and platforms that prioritize people and the planet. For more information visit, reimaginedmobility.org. About the International Transport Forum The International Transport Forum is an intergovernmental organisation with 64 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is administratively integrated with the OECD yet politically autonomous. Visit www.itf-oecd.org. Contact Details Coalition for Reimagined Mobility (ReMo) Ashley Simmons +1 202-341-9508 asimmons@reimaginedmobility.org International Transport Forum (ITF) Michael Kloth +33 6 15 95 03 27 Michael.KLOTH@itf-oecd.org Racepoint Global Paul Rechichi +1 617-624-3221 CoalitionReMo@racepointglobal.com Company Website https://reimaginedmobility.org/

June 28, 2022 04:07 AM Eastern Daylight Time

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Foresight Signs Agreement with Hitachi Astemo Americas

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced the signing of an agreement with Hitachi Astemo Americas, Inc. (“Hitachi Astemo”) to test and evaluate autonomous-driving vision systems (ADAS). Hitachi Astemo is a global Tier One supplier of engine management, electric powertrain and integrated vehicle-control systems for the auto industry. The paid joint proof of concept project (POC) with Hitachi Astemo calls for the evaluation and testing of simulated and real-life autonomous driving scenarios. The program will pair Foresight QuadSight ® and Mono2Stereo ™ technologies with existing Hitachi Astemo camera systems in an effort to improve distance measurement and object detection. The project with Hitachi Astemo follows the successful evaluation of a QuadSight vision system prototype reported by the Company in March 2021. Foresight’s proprietary Mono2Stereo software-based solution uses the overlapping views of existing cameras with different fields of vision to create a three-dimensional stereo-vision system to improve object detection. “We are excited to be involved in another auto industry POC project,” said Haim Siboni, CEO of Foresight. “Having been chosen by Hitachi Astemo, a major supplier of automotive stereo vision systems, underlines the importance of stereoscopic technology in the enhancement of existing ADAS systems and the technology’s ability to amplify their performance, provide better distance accuracy and offer more robust active safety features. Our solutions can be readily deployed in vehicles equipped with Level 2 and Level 2-plus autonomy systems without requiring additional hardware and design changes. We believe that teaming up with Hitachi Astemo could potentially lead to further collaboration with other automotive OEMs as well.” About Hitachi Astemo Americas, Inc. Hitachi Astemo Americas, Inc. manufactures and markets engine management, electric powertrain, integrated vehicle control for major automotive manufacturers worldwide, adhering to ISO/TS:16949:2009 industry standards. Additional information is available at www.hitachiastemo.com Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses agreement with Hitachi Astemo for the evaluation and testing of simulated and real-life autonomous driving scenarios, the belief that being chosen by Hitachi Astemo underlines the importance of stereoscopic technology in the enhancement of existing ADAS systems, and its belief that teaming up with Hitachi Astemo could potentially lead to further collaboration with other automotive OEMs as well. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

June 27, 2022 07:55 AM Eastern Daylight Time

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Volatus Aerospace Corp. Announces Grant of Stock Options

Volatus Aerospace Corp.

Volatus Aerospace Corp., (“Volatus” or the “Company”) today announces that it has granted an aggregate of 1,440,000 incentive stock options to a total of nineteen management personnel of the Company. Each stock option entitles the holder to purchase one common share of the Company for an exercise price of $0.36 at any time until June 27, 2027. Twenty-five percent (25%) of the stock options shall vest on the first anniversary of the date of grant and in equal quarterly installments over the following three years such that the entire options shall have vested and become exercisable on the fourth anniversary of the date of grant. The granting of these options is subject to the terms of the Company’s stock option plan and its standard form of the stock option agreement, in addition to any required approval of the TSX Venture Exchange. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 24, 2022 04:06 PM Eastern Daylight Time

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Lt. General (ret’d), the Honorable Andrew Leslie joins Volatus Aerospace Board of Directors

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") today announced the appointment of Lt. General (ret'd) the Honourable Andrew Leslie to its Board of Directors, effective June 23, 2022. Born into a multi-generational military and public service family, he has been a soldier, business leader, and a Member of Parliament for the federal riding of Orléans (2015). As a parliamentarian, he was a member of the Privy Council, Chief Government Whip, and Parliamentary Secretary focused on Canada–US relations, helping with NAFTA and other global matters. "It is an honour to welcome General Leslie to the Volatus Board," said Ian MacDougall, Chairman of Volatus Aerospace. "He has significant leadership expertise and a deep understanding of global affairs, defence, and strategic planning. His experience will be invaluable to Volatus as we grow our business globally and seek to work with governments in supporting their public safety, defence and security capabilities." Lt. General (ret’d) Leslie stated: "Volatus is a rapidly scaling Canadian aerospace company with enormous potential to become a leading global player in the drone space. I like their focus on veteran programs. They truly appreciate and value veterans’ expertise, experience, and knowledge. I look forward to getting to know Volatus leadership and staff and supporting their growth.” Following the appointment of Lt. General (Ret’d) Leslie, the Board will comprise five directors, three of whom are independent. Lt. General (ret’d) Andrew Leslie has extensive training and practical experience in leadership, governance, succession planning/leader selection/mentoring, strategic planning and risk and crisis management with detailed knowledge of Canada’s place in the world, international trade, and Canada–US relations. His 35-year career in the Canadian Armed Forces culminated as the Commander/CEO of the Canadian Army for four years during the latest Afghan War, where he was responsible for the leadership of 57,000 people, their equipment, training, a multibillion-dollar budget and related equipment programs. International tours with both the UN and NATO in peacekeeping roles were recognized with numerous Canadian and international awards and decorations. A graduate of numerous military courses on leadership, governance, ethics, strategy, tactics, equipment acquisition and risk management, his education includes the University of Ottawa (Economics), the Royal Military College (MA/Strategic Studies), the University of London, as well as executive courses at the Harvard Business School and the Canadian Forces Colleges. He is a graduate of the Institute of Directors Education Program from the Rotman School of Management. In 2021 he was conferred the degree of Doctor of Military Science degree from the Royal Military College. He currently lives in Ottawa and is bilingual (English/French). Upon moving on from his military career, he joined a large Canadian corporation as a Senior Vice President working on network operations and cyber security with U.S. and Canadian clients. In January 2017 the Prime Minister focused him on Canada–U.S. trade relations as Parliamentary Secretary for Global Affairs. He has spent considerable time in the U.S. and across Canada interacting with military and business leaders, Premiers, Governors and Congress on binational issues. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 23, 2022 10:59 AM Eastern Daylight Time

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India’s largest open marketplace for road transportation Vahak loads up $14m series A funding round

Vahak

Goods worth billions are transported across India’s roads every day and driving this supply chain is India’s largest open road transport marketplace Vahak. The company today announced its $14m Series A fundraise as it scales operations with a sharp focus on supplier well-being and sustainability. Nexus Venture Partners led the funding round with participation from Foundamental, iSeed Ventures, Leo Capital, RTP Global, & Titan Capital. Vahak has now raised a total of $20.3m since its first round in March 2020. The funding will be used for rapid user-base expansion, building a stellar tech infrastructure by incorporating AI, ML, Big Data, and providing additional value-added services. Vahak aims to create an all-encompassing ecosystem for truck suppliers and become the go-to digital solution for them. Founded by Karan Shaha and Vikas Chandrawat in 2019, Vahak is a free-to-use, open marketplace for shippers and transport SMEs to discover and connect with truckers to help with their transportation needs. The start-up has been quietly disrupting the antiquated logistics approach in India and helping truck suppliers make a name for themselves. On some major routes across India, Vahak is helping truck drivers earn more than twice what they usually earn, by increasing truck utilization. Karan Shaha, CEO, and Co-Founder at Vahak commented: “Tech adoption is increasing rapidly in the Indian logistics industry and digitally-driven logistics services are the need of the hour in the current post-pandemic India. Through our platform, we are enabling truck drivers to operate for 25-26 days a month, as compared to the meagre 12-15 days they would operate otherwise. We are now all set to scale our technology and operations to capture 10% of the Indian logistics market and go from 1.5 mn users to 10 mn users in the next one year. We plan on expanding rapidly, enabling millions of Indian transporters and businesses with the power of technology. We have already integrated our platform with escrow payments and plan on bringing in services like insurance, GPS, spare part purchase, etc. very soon.” On leading the investment round Sameer Brij Verma, Managing Director, Nexus Venture Partners, said, “Despite posting good growth, the Indian logistics market continues to face certain challenges due to the lack of technology integration. Platforms like Vahak are now bringing about the digital transformation of this sector by providing tech-driven features and services to aid millions of truck drivers and shippers in the country. As India aims to cross the $5 trillion economy mark, and build common wealth for all citizens, it is imperative that such tech-driven initiatives receive adequate support from all quarters. We appreciate the tremendous work Vahak is doing and are glad to support them in their journey towards enabling digital, sustainable and cutting-edge transport operations in India.” Over the course of its journey, Vahak has successfully ushered in an unprecedented revolution in the Indian logistics sector. Transport operations in India are dominated by unorganized players that contribute to 86% of the entire market! This ultimately leads to high costs, lost opportunities, a number of inefficiencies, and a lack of transparency. This is why Vahak has focused on creating a supply-first platform that empowers transporters with the technology to find loads on demand, make their own digital brand and expand their business across boundaries. Supporting their vision to improve the truck supplier ecosystem, Vahak has collaborated with MediBuddy to provide over 6 lakh truck drivers with free online doctor consultations. And very soon, it is set to bring in a wide range of VAS (value-added services), like fuel cards, insurance, GPS, truck tyres & spare parts, and more. Alongside tertiary services, Vahak has also launched Vahak Payments, an in-app feature to make transactions faster and safer. Truck drivers can request for advance/balance payments and consignors can pay with a single click. Vahak Payments are safe and fast and help mitigate major payment issues. Through faster & smarter supply-demand matchmaking, Vahak has helped save over 27 million litres of diesel in just one year, effectively reducing the carbon footprint by 70,000 metric tonnes. With climate change becoming increasingly worrisome by the day, steps like these go a long way in promising a greener tomorrow. About Vahak Vahak is India’s first and largest open transport services marketplace, used by 2 mn+ users. Founded by IIT graduates Karan Shaha and Vikas Chandrawat, Vahak helps truck owners, transporters, consignors and transport agents find loads and lorries for their respective businesses. Users can also make their own online transport brand and build their own network to grow their business. Vahak is empowering thousands of single truck owners, transport SMEs and local businesses with the power of digital. Contact Details Vahak Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.vahak.in/

June 22, 2022 10:57 AM Eastern Daylight Time

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Cooper Standard Promotes Nudd to Vice President, Global Internal Audit and Compliance

Cooper Standard Holdings Inc.

Cooper Standard (NYSE: CPS) today announced the promotion of Alison Nudd to vice president, global internal audit and compliance effective August 1, 2022. She replaces Amy Kulikowski who was recently promoted to vice president, chief accounting officer, Cooper Standard. In her new position, Nudd will provide leadership, strategy and planning for Cooper Standard's global internal audit and compliance activities, including its Sarbanes-Oxley program and enterprise risk management efforts. Based at the Company's world headquarters in Northville, she will report to Jonathan Banas, executive vice president and chief financial officer. “Alison’s appointment is a further testament to our effective succession planning and the depth of talent on our finance team,” said Banas. “With a demonstrated strength in management and leadership, Alison’s background and experience will enable her successful transition into her new role.” Nudd most recently served as senior director financial reporting at Cooper Standard, where she led corporate accounting and consolidations, external reporting and technical accounting. Prior to joining the Company in 2020, Nudd held roles of increasing responsibility at Owens Corning in Toledo, Ohio from 2014 to 2020. She most recently served as global FP&A (financial planning and analysis) director, where she was responsible for all aspects of financial planning and analysis for the $3 billion insulation business. From 2011 to 2014 she served as the director of external reporting at Mohawk Industries in Calhoun, Ga., where she was responsible for all aspects of external reporting for a $10+ billion global flooring manufacturer. From 1999 to 2011, Nudd held roles of increasing responsibility, most recently serving as director of financial reporting at Flowers Foods, a $4 billion producer and marketer of baked goods in Thomasville, Ga. She began her career at GE Capital as a treasury and accounting manager. Nudd earned a Bachelor of Business Administration degree in accounting from Georgia State University. She is a certified public accountant (CPA) and a member of the American Institute of CPA’s. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. # # # CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website http://www.cooperstandard.com/

June 22, 2022 08:30 AM Eastern Daylight Time

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ENEOS Oil returns to 100th Pikes Peak Race with Tesla Model 3

ENEOS

The 100th running of the 2022 Pikes Peak International Hill Climb on June 26 will mark the fourth year ENEOS has supported the race efforts of Evasive Motorsports and driver Daijiro Yoshihara. ENEOS is Japan’s largest oil company and supplier of motor oil and transmission fluids to the majority of Asian vehicle manufacturers. Through its relationship with the car makers, it introduced an EV Fluid Series last year, which is designed to optimize the efficiency and performance of electric vehicles. And while it might appear unusual for an oil company established in 1888 to compete in the “Race to the Clouds” with a Tesla, it reflects the transition the company is making as transportation evolves. TESLA MODEL 3 In 2019 and 2020, Evasive Motorsports entered an ENEOS-supported 900-horsepower turbocharged Toyota 86 in the Pikes Peak International Hill Climb (PPIHC), which won the Unlimited Class at the second time of asking. However, the team made a radical shift in 2021, abandoning its proven race winner for a Tesla Model 3 Performance. Mike Chang at Evasive Motorsports in Cerritos, CA could see the market changing and knew it was time to embrace the future. But for a racing team and vehicle preparation specialist like Evasive, the Tesla Model 3 presented a number of challenges. In the past, a modified Toyota 2JZ turbo engine allowed them to compensate for the reduced air pressure on the climb to the 14,115ft finish line at the Pikes Peak hill climb. Unable to modify the electric motors in the Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak race car, the team needed to make other changes to prepare for the 12.42-mile sprint, which climbs 4724 feet. With the “Race to the Clouds” incorporating 156 turns, emphasis was placed on the chassis to maintain speed through the corners. New for 2022 are Yokohama slick racing tires. Fitted to prototype 18” Titan wheels, they have EVS discs on the rear to aid cooling for the Brembo Pista brakes. The suspension utilizes advanced KW coilover dampers that allow significant adjustment in compression, rebound and ride height to ensure the tires remain in contact with the road. Sourcing parts for the car was a challenge as very few people have attempted to race the Model 3, yet Evasive was able to find or fabricate new suspension arms, spherical links and joints as well as a new front sway bar. Full details are in the specifications below. Another important aspect was air management, both in terms of aerodynamic downforce and battery cooling. Among the most notable additions are the wider, carbon fiber Artisan Spirits fenders, which accommodate the slick tires and allow a wider track for stability. The Voltex rear wing on the tailgate is also tough to miss; increasing downforce over the rear wheels and working in harmony with the Evasive carbon fiber front splitter and rear diffuser. To improve cooling, airflow and mass, Evasive created a carbon fiber front bumper and vented hood under its EVS Tuning brand to help ensure the motors and batteries don’t overheat. EVS carbon fiber doors, roof, tailgate and rear window were added to further reduce weight, giving the batteries less to haul up the hill. In addition to the vented hood and large duct in the front bumper, cooling has been addressed with rear inlet ducts, a CSF radiator and oil cooler, a NO2 (nitrogen dioxide) sprayer that’s triggered when a preset temperature is reached. For 2022, an EVS Tuning Dual Chiller has been added to keep everything running at the optimum level. The original Tesla electric motors remain in place and Evasive added a Quaife ATB rear differential to help power distribution when Yoshihara exits the 156 turns. “Our first attempt at Pikes Peak with the Tesla in 2021 ended prematurely with a technical problem we were unable to trigger in testing,” Mike Chang from Evasive Motorsports explained. “It’s very difficult to replicate the conditions and load on the vehicle during testing, especially with a new car that presented us with a steep learning curve. However, we’ve worked continuously to address all the areas we can improve and have got a much better understanding of the Tesla Model 3’s strengths and weaknesses. We’re confident the car will be a genuine contender in this year’s Exhibition Class.” In the absence of a dedicated competition class for electric vehicles at PPIHC, the Tesla and other EVs currently compete together in the Exhibition Class. ENEOS EV TECHNOLOGY For its part, the engineers and chemists at ENEOS see the 2022 PPIHC as an opportunity to prove and promote its new EV Fluid Series. The line of dedicated EV fluids has been developed by the same experts who work alongside the majority of leading car makers in Japan and Asia. Currently, ENEOS personnel are working directly with the vehicle manufacturers to create the latest lubricants, continuously improving vehicle efficiency through reduced friction, lower emissions, improved fuel consumption and greater durability. And as the future of automotive development looks towards electric vehicles, ENEOS tasked its development teams to look at alternative fuel vehicle concepts, particularly in terms of lubrication and cooling. The new ENEOS EV Fluid Series is designed specifically to help the world’s EV manufacturers improve vehicle efficiency. It will also be offered in the future to help improve efficiency during routine maintenance, offering a superior alternative to current lubrication and cooling products. The Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak race car is a partner in the development of the new ENEOS EV Fluid Series. Its performance during testing and at the race itself will be closely monitored. Driven under the harshest conditions, the race car will allow the engineers to measure the improvements in terms of lower friction and improved cooling, leading to greater performance and durability on the arduous PPIHC. “We’re excited to return to Pikes Peak with the Tesla Model 3,” said Keisuke Yokochi Yokochi, Chief Marketing Officer for ENEOS USA. “We’re confident Evasive Motorsports has built an incredible race car and know Dai is among the top drivers in the world. Lubricated and cooled by our advanced EV Fluid Series, we’re sure the team has its best chance of winning its class and setting a new record for electric vehicles this year!” DAI YOSHIHARA Having a well prepared, competitive car with the best lubricants and cooling fluids is essential for success, but perhaps the most important element in the ENEOS assault on the 2022 PPIHC is the driver. And for the fourth year in succession, the man behind the wheel is Daijiro Yoshihara; one of the most skilled and adaptable pilots in the world. Although he retired from the Formula DRIFT PRO Championship last year, the 2011 FD Champion was universally recognized as one of the most talented drivers in the series. He’s also a 2020 PPIHC class winner, Time Attack Champion, accomplished GT racer, driver instructor and much more. After Dai has succeeded in every discipline he’s encountered, the Japanese driver will be venturing onto dirt to discover whether he can adapt to truck racing over the next 12 months. And ENEOS will be on his race suit and at his side as we continue to support him for a sixth year of competition. The relationship between ENEOS and Dai goes back a long way. In fact, the Japanese teenager worked at an ENEOS gas station as he started to explore his automotive passion. So, it was only natural we’d come together to continue the journey. The partnership between ENEOS and Dai will look very different in 2022. Rather than focusing on Formula DRIFT, the year’s activities are headlined by the “Race to the Clouds” at the wheel of the Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak. But that’s just the start. ENEOS will also support Dai and Turn 14 Distribution in its Drift Ride Along program, which will allow fans to sit beside Dai as he demonstrates the savage art of drift in his 1000hp Subaru BRZ, which has been refreshed and rebuilt after its punishing competition career. Dai and the BRZ will be appearing at a number of major events throughout the year, and fans who follow ENEOS social media can enter to win a “Ride with Dai.” Additionally, Dai will be making personal appearances in the ENEOS booth at various enthusiast events around the country. The program has already begun and fans should follow ENEOS social media for updates. If you can’t attend in person, don’t worry because Dai is working on a number of exclusive ENEOS videos, which will show fans behind the scenes and keep up with his latest activities. If that’s not enough, ENEOS and Dai are also working together on a SEMA project car, which will be a big departure from some of the incredible machines he’s built to date. “I’m extremely grateful to have the continued support of ENEOS,” Dai told us. “Having worked from the company in Japan, they definitely feel like family at this point. And I’m especially grateful that they wanted to embark on this adventure as I explore new horizons beyond Formula DRIFT. It’s definitely going to be an exciting year and I can’t wait to share it with everybody!” TECHNICAL SPECIFICATIONS Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak Motor / Battery Cooling: CSF Radiators radiator / oil cooler, NO2 (nitrogen dioxide) sprayer, custom hood vent and rear inlet ducts, EVS Tuning Dual Chiller Suspension / Chassis: KW Competition 3 Way coilover suspension, SPL Suspension spherical links, Evasive Motorsports spherical joints and custom front sway bar, MPP front upper A-arms and rear lower arms, Quaife ATB rear differential in modified frame, air jack lift system Wheels / Tires / Brakes: Prototype 18x11” Titan 7 T-P5 forged wheels with Evasive Motorsports rear aero covers, 280/680-18 Yokohama slicks, Brembo Pista racing front brake kit, custom Brembo GTS rear brakes, CSG brake pads, Evasive Motorsports electronic E-brake system Exterior: Artisan Spirits widebody fenders plus carbon fiber aero kit, Evasive Motorsports custom honeycomb carbon splitter and rear diffuser, EVS Tuning front bumper, carbon fiber vented hood and headlight covers, Voltex dry carbon Type 13 1800mm GT rear wing, Evasive Motorsports carbon fiber doors, roof, rear windshield, trunk lid and front air duct, Lexan windows Interior / Safety: Evasive Motorsports FIA-spec rollcage, Evasive Motorsports carbon fiber dashboard, Motec C127 Datalogger/dash display, Sparco carbon/Kevlar QRT-K racing bucket seat, six-point harnesses and steering wheel EDITOR’S NOTE Additional images of the Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak for editorial use are available here: dropbox.com/sh/o8oulhpjwu4q1mn/AADoqpaWNM0xk0ff0hGH6Dgfa?dl=0 You can view or share the Dai Yoshihara: Generations video here: youtu.be/NCJSdk36Bgc ABOUT EVASIVE MOTORSPORTS Established in 2002 and based in Southern California, Evasive Motorsports has been dedicated to the best quality performance parts at very competitive prices. With years of experience in the aftermarket automotive industry, our staff is knowledgeable about the products we sell. We also aim to provide the best customer service possible. Evasive focuses on vehicle balance, not solely on horsepower, as reflected by the wide variety of brands and specific areas of functionality offered on the website. Evasive Motorsports also offers race preparation, wheel alignment, corner balancing, suspension installation and tuning, and general maintenance. The company has track-tested an extensive range of parts, so don’t hesitate to call if you’re looking for recommendations. For more information visit evasivemotorsports.com ABOUT ENEOS Established in 1888 and headquartered in Tokyo, ENEOS is Japan’s largest oil company, with manufacturing and sales facilities throughout the world. With a unique position in its home market, ENEOS has worked with Asia’s automakers and leading race teams for decades, creating advanced lubricants with their vehicle engineers to provide optimum fuel economy with maximum power and long-term protection. ENEOS also recently announced a new line of products for future electric vehicle applications, helping to ensure the newest EV technology is operating as efficiently as possible. For more information, please visit eneos.us Contact Details Satomi Yamashita media@eneos.us Greg Emmerson greg@theidagency.com Company Website https://www.eneos.us

June 21, 2022 06:15 AM Pacific Daylight Time

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