Investing in Solar Innovation

Sparq Systems Inc. is a Canadian clean technology company specializing in the design and manufacture of next-generation microinverters for residential, commercial, and light industrial solar electric applications. The company's flagship product, the Quad Microinverter, optimizes four photovoltaic (PV) modules with a single unit. This innovation simplifies system design and installation while reducing overall costs compared to traditional microinverters.

Sparq Systems is headquartered at: 945 Princess Street, Kingston, Ontario, K7L 0E9, Canada

Yes. In February 2025, Sparq Systems was named to the TSX Venture 50 list. This honor recognizes the top-performing companies on the TSX Venture Exchange based on share price appreciation, market capitalization growth, and trading volume.

Sparq Systems Inc. is publicly traded on the following exchanges:

• TSX Venture Exchange (Ticker: SPRQ)
• OTCQB Market (USA) (Ticker: SPRQF)
• Frankfurt Stock Exchange (Ticker: M26)

Sparq's shares are widely held. Its September 2026 investor presentation shows the ownership, as of September 8, 2026, as:

• Widely held: 52%
• Founders and management: 19%
• Institutions: 19%
• Board: 10%

Its 2026 management information circular names one holder of 10% or more of the shares: Praveen Jain, the Chief Executive Officer, with 13.8% as of April 24, 2026.

In February 2024, Sparq entered a technology partnership with Jio Things Limited, a subsidiary of Jio Platforms Limited and Reliance Industries in India. This collaboration aims to co-develop, manufacture, and distribute microinverters in India - combining Jio's scale with Sparq's software-centric inverter design for cost-effective, high-volume production.

In February 2025, Sparq unveiled an integrated PV and battery Quad Microinverter with energy storage capabilities, compatible with Lithium-Ion and Lead Acid batteries. This product supports both on-grid and off-grid applications and was showcased at the 2025 India Energy Week in New Delhi.

Yes, Sparq received substantial purchase orders from the Indian market:

• June 2024: Over 6,000 Q2000 Quad Microinverters.
• August 2024: An additional 10,000 units, totaling over 20 MW of microinverter systems.
• March 2026: A purchase order for 30,000 Q2000 units (about 60 MW).
• May 2026: That March 2026 order expanded to C$32 million.

These orders demonstrate Sparq's growing presence in international markets.

While headquartered in Canada, Sparq serves markets in North America, India, and the Middle East. In 2025, Sparq began commercial production in India through a partnership with IL JIN Electronics, aligning with the “Make in India” initiative.

Financial statements and regulatory filings are available:

• On the Investor Relations section of our website
• Via SEDAR+ (System for Electronic Document Analysis and Retrieval)

You can reach the Investor Relations team at:

• Sean Peasgood, Investor Relations · Sophic Capital
• Email: sean@sophiccapital.com
• Phone: 416-764-5765
• Website: www.sparqsys.com
• Head Office: 945 Princess Street, Kingston, ON, K7L 0E9, Canada