Energy Plug Announces Engagement of Marketing Firm Aktiencheck.de AG

Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), is pleased to announce that it has retained Aktiencheck.de AG and its principal, Stefan Lindam, both arm's length parties to the Company, to assist with an initial European marketing awareness program (the "Program"). The engagement includes up to 20 editorial write-ups, standalone email marketing campaign distribution of the editorial write-ups to opt-in email-addresses of active investors, targeted distribution of the editorial reports to active investors, distribution of the editorial write-ups via social media to active financial investors, and distribution of the editorial write-ups via the aktiencheck.de website.

The Program is anticipated to commence on August 19, 2024 and will run for up to 12 months. The cost of the engagement is EUR 100,000, payable in four equal instalments of EUR 25,000 over a four-month period. No shares or options were issued to Aktiencheck.de AG or its principal as part of this engagement.

The principal of Aktiencheck.de AG is Stefan Lindam of Bahnhofstraße 6 56470 Bad Marienberg Deutschland. Mr. Lindam's email is stefan.lindam@aktiencheck.de and main contact number is +49 2661 9890020. Aktiencheck.de AG and its principal have no present interest, directly or indirectly, in Energy Plug or its securities, and no right or intent to acquire such an interest.

Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities legislation. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "will", "proposes", "expects", "seeks", "estimates", "intends", "anticipates" or "believes", or variations (including negative and grammatical variations) of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the Company's financial condition and future plans do not change as a result of unforeseen events.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the state of the financial markets for the Company's securities; the Company's ability to raise the necessary capital or to be fully able to implement its business strategies; and other risks and factors that the Company is unaware of at this time.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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