Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power control electronics which expand the capabilities of electric motors and batteries, has appointed Rod Copes, a current director, as interim chair. The move comes as executive chairman Mark Godsy announced he would be leaving the position, effective March 31, 2023. According to the announcement, the transition aligns with Exro’s evolution into series production in Q3 of this year and positioning for a listing on the NASDAQ exchange. “We are also very pleased to announce the appointment of Rod Copes as interim chairman of the Board,” said Exro Technologies CEO Sue Ozdemir in the press release. “Rod’s decades of unique experience in scaling manufacturing operations at both Rivian and Harley-Davidson in the U.S., as well as listing on the NASDAQ exchange, serve as tremendous assets to Exro. On behalf of everyone at Exro and the board, we welcome Rod to his new position and look forward to working with him to continue our efforts to build significant value for our shareholders. . . . “Exro has been very fortunate to have Mark as part of our leadership team. Mark’s entrepreneurial insights have helped to guide the business and establish a framework that sees a thoughtful leadership transition at the right time in the company’s development. On behalf of the board and all our employees, we want to thank him for his years of dedicated service to the board of directors and the company and wish him well in his other endeavours.”

To view the full press release, visit https://ibn.fm/HwOkI

About Exro Technologies Inc.

Exro Technologies is a leading clean-technology company that has developed new-generation power control electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries. The company’s innovative technologies serve to bridge the performance-cost gap in e-mobility (Coil Driver(TM)) and stationary energy storage (Cell Driver(TM))), and act to accelerate adoption toward a circular electrified economy by delivering more with less — minimum energy for maximum results. For more information about the company, please visit www.Exro.com.

NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF

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