NU E Power Corp. Announces Upcoming Appointment of Hon. Tony Clement to Board of Directors to Support Advanced Energy and SMR Strategy

Executive Summary

• Tony Clement, former Canadian Cabinet Minister, is expected to be appointed to NU E Power Corp.’s Board of Directors at the AGM on December 18, 2025.
• The company highlights Clement’s extensive experience in federal and provincial government, particularly his involvement in nuclear and Small‑Modular Reactor (SMR) policy, as a strategic asset for its expansion into next‑generation energy infrastructure.
• Management expects the appointment to materially strengthen board governance, regulatory insight, permitting strategy, and capital‑markets confidence as NU E scales toward large‑format renewable, hybrid, and SMR projects in 2026.

Key Details

• Appointment Timing: Expected confirmation at the Annual General Meeting on December 18, 2025.
• Appointee Background:
• Former Minister of Industry, President of the Treasury Board, Minister of Health, and senior ministerial roles in Ontario (Infrastructure, Environment, Transportation).
• Active participant in Canadian SMR policy forums and advisory initiatives.
• Strategic Relevance to NU E:
• Expertise aligns with company’s focus on grid‑scale renewables, hybrid power systems for data centres/industrials, and advanced nuclear/SMR infrastructure.
• Anticipated to aid in securing permits, shaping policy, and engaging sovereign‑level partners for large‑format energy assets.
• Governance & Capital Markets Impact (as stated by management):
• Strengthened board‑level governance and institutional credibility.
• Enhanced federal/provincial regulatory insight and stakeholder strategy.
• Improved capital‑markets confidence as the company scales into larger projects.
• CEO Quote (Broderick Gunning): “We are extremely excited to welcome Tony Clement to our Board… his leadership, governance background, and policy insight position Nu E to responsibly participate in that future as we head into 2026.”

Notable Quotes

“His experience at the highest levels of Canadian government, combined with his direct participation in nuclear and Small Modular Reactor initiatives, adds a powerful strategic dimension to our platform.” – Broderick Gunning, CEO

Materiality Assessment: Material – Positive (the appointment is presented as a significant strategic enhancement likely to affect future operations, regulatory positioning, and investor perception).