Transition.inc Introduces TranFin Energy-as-a-Service Platform and Announces Financing

• Clean Energy Transition Inc. (TRAN) announced the launch of "TranFin," a new Energy-as-a-Service (EaaS) pilot focused on third-party ownership of residential clean energy assets (batteries, solar, heat pumps) in Canada.
• The company is raising up to $375,000 through a non-brokered private placement structured as Equity-Royalty Units (ERUs) priced at $0.05 each.
• The offering consists of up to 7,500,000 Units at $0.04 per Unit (each comprising one common share and one common share purchase warrant) and up to 7,500,000 contractual royalty rights at $0.01 per right.
• Warrant terms allow purchase of one additional share at $0.08 per share for two years, with an acceleration clause if the TSXV VWAP hits $0.10 for 10 consecutive sessions.
• Royalty holders receive quarterly distributions equal to 50% of the TranFin Pilot Portfolio's Cash Flow for Distribution (CFD), capped at 50% of total financing proceeds ($187,500).
• Proceeds will fund the pilot portfolio and general corporate/working capital needs.
• The pilot initially targets residential battery projects in the Canadian Maritimes, with plans to expand to solar and other markets post-pilot.
• Completion is subject to TSXV approval. A management update is scheduled for June 24, 2026.

• The financing is highly dilutive, introducing 7.5 million new shares and 7.5 million warrants to a base of ~41.7 million shares.
• Cash position will increase from ~$500,000 to ~$875,000, extending the runway by approximately 4-5 months given a quarterly burn rate of ~$180,000.
• The company has generated zero revenue to date. The EaaS pilot is in a pre-commercial, speculative phase with no guaranteed cash flow.
• The royalty structure limits investor upside from distributions but does not mitigate the operational risk of the pilot.
• The market is likely to view this as a routine, dilutive capital raise to fund an unproven business model, rather than a transformative event.

• Clean Energy Transition Inc. is a micro-cap company pivoting from critical minerals to clean energy infrastructure.
• Flagship project: TranFin Energy-as-a-Service (EaaS) pilot, focusing on third-party ownership and management of residential clean energy assets (batteries, solar, heat pumps) across Canada.
• The model involves funding, owning, monitoring, and maintaining energy assets while homeowners pay a predictable long-term subscription fee.
• Historical assets referenced in provided materials include limestone quarries and mineral projects, but current strategic focus is squarely on the EaaS pilot.