An anonymous director reports

EXRO RELEASES Q1 2023 LETTER TO SHAREHOLDERS

Exro Technologies Inc. has released a Q1 2023 letter to shareholders.

Since Exro's last shareholder live webcast on Nov. 30, 2022, the company has made significant progress advancing commercialization efforts in preparation to begin series production of its Coil Driver and Cell Driver products in Q3 2023 and a significant ramp-up of revenues. The letter to shareholders outlines achievements made over the last six weeks, including new commercial agreements and partnerships, product and company updates, and the focus and goals for the upcoming year.

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.

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