Grosvenor CPC I enters LOI for business combination

Mr. Philippe Marleau reports GROSVENOR ENTERS INTO LETTER OF INTENT WITH 9409-5999 QUEBEC INC. AND GESTION FARADAY ENERGIE INC. TO COMPLETE QUALIFYING TRANSACTION Grosvenor CPC I Inc., 9409-5999 Quebec Inc. and Gestion Faraday Energie Inc. have entered into a non-binding letter of intent dated Feb. 12, 2026, pursuant to which Grosvenor, 9409-5999 and Faraday intend to complete a business combination or other similarly structured transaction, which will constitute a reserve takeover of Grosvenor. It is intended that the transaction will be an arm's-length qualifying transaction for Grosvenor as such term is defined in Policy 2.4 of the corporate finance manual of the TSX Venture Exchange. Trading of the stocks of the company has been halted and will remain halted pending receipt and review from the TSX-V. A comprehensive news release will be issued by Grosvenor, 9409-5999 and Faraday setting out the terms of the transaction, which shall include information about Grosvenor upon closing of the transaction and a proposed financing in connection with the transaction. About 9409-5999 Quebec Inc. 9409-5999 is a privately held Quebec corporation and the owner-operator of the Chute-Blanche hydroelectric generating station (1.5 megawatts), located in Sainte-Jeanne-d'Arc, Que., on the petite riviere Peribonka. About Gestion Faraday Energie Inc. Faraday is a private Quebec corporation which owns two subsidiaries, Hydro-Abitibi Inc. and Energie renouvelable Abitibi Inc. The subsidiaries operate two hydroelectric power plants, Centrale Hydro-Electrique La Sarre 1 (1,050 kilowatt-hours) and Centrale Hydro-Electrique La Sarre 2 (800 kilowatt-hours). The power plants have a combined output of approximately 1,850 kilowatt-hours, and are located on the La Sarre River, approximately 75 kilometres north of Rouyn Noranda, Que. About Grosvenor CPC I Inc. Grosvenor was incorporated under the Canada Business Corporations Act on May 26, 2021, and is a capital pool company (as defined in the policies of the TSX-V) listed on the TSX-V. Grosvenor has no commercial operations and no assets other than cash. We seek Safe Harbor.