Westbridge Renewable Energy Corp. Announces Planned Continuation to Luxembourg

Executive Summary

• Westbridge Renewable Energy Corp. announced its plan to continue its corporate domicile from British Columbia, Canada to Luxembourg, becoming “Westbridge Renewable Energy S.A.”
• The continuation is slated for effectiveness on April 8 2026, pending shareholder approval and regulatory clearances including TSX Venture Exchange consent.
• A special shareholders’ meeting is scheduled for April 7 2026 to vote on the continuation; the company will retain its listings on the TSXV, OTCQX and Frankfurt exchanges.

Key Details

• Continuation Effective Date: Expected April 8 2026, subject to shareholder and regulator approvals.
• Shareholder Meeting: Annual and special meeting on April 7 2026 at 9:30 a.m. Toronto time / 2:30 p.m. CET to approve the continuation.
• Legal Structure Post‑Continuation: Westbridge will cease to be governed by British Columbia’s Business Corporations Act and become a Luxembourg public limited company (société anonyme).
• Name Change: From “Westbridge Renewable Energy Corp.” to “Westbridge Renewable Energy S.A.”, pending name availability confirmation with the Luxembourg Trade and Companies Register.
• Listing Status: Shares expected to continue trading on TSXV, OTCQX, and Frankfurt Stock Exchange under existing symbols, subject to exchange approvals.
• Operational Impact: No effect on day‑to‑day business operations, ownership of renewable energy assets, or shareholder rights (aside from compliance with Luxembourg corporate law).
• Strategic Rationale: Align legal domicile with an increasingly international shareholder base and diversified project portfolio across Canada, the U.S., the U.K., and Italy; support long‑term capital markets positioning.
• Regulatory Requirements: Continuation requires approval by TSXV and satisfaction of applicable Luxembourg and Canadian regulatory requirements.

Notable Quotes

• “The Board has determined that moving to Luxembourg better aligns our legal domicile with the growing international nature of our shareholder base and strategic development objectives.” – Stefan Romanin, Chief Executive Officer, on behalf of the Board of Directors.