BRIEF

on PowerBand Solutions Inc. (isin : CA73934B4001)

PowerBand Solutions Inc. Granted 30-day Extension by TSX Venture Exchange

PowerBand Solutions Inc., a distinguished fintech provider in the automotive industry, has announced that the TSX Venture Exchange has approved a 30-day extension for the company to meet its requirement of appointing at least two independent directors. Originally set for an earlier deadline, the company now has until April 30, 2024, to fulfill this obligation. This extension is in accordance with the Exchange Policy 3.1 Section 5.7. PowerBand is actively continuing its process to identify and appoint suitable candidates to satisfy the exchange’s independence criteria. The company's efforts in this regard underline its commitment to adhere to governance standards and enhance its strategic direction.

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