HPS Declares Quarterly Dividend

Posted: Mar 6,2024

Investor Relations  

GUELPH, Ontario, March 06, 2024 -- (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (“HPS”) declared
a quarterly cash dividend of fifteen cents ($0.15) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend
of fifteen cents ($0.15) per Class B Common Share of HPS payable on March 28, 2024, to shareholders of record at the close
of business on March 21, 2024. The ex-dividend date is March 20, 2024.

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