Trion Battery Technologies Inc.

Trion Battery Technologies Inc. commenced CCAA proceedings in Alberta on February 20, 2026, and the file is now recorded as closed. The company entered the proceeding with no secured creditors: an affidavit of Mark Smith states at paragraph 39 that Trion has no secured creditors, supported by PPSA searches in Alberta and British Columbia disclosing no registrations in either jurisdiction, with all outstanding debentures and bridge loans expressly described as unsecured. Draft consolidated financial statements for the nine months ended November 30, 2025, covering Trion together with its wholly-owned subsidiaries Trion GmbH, TES and Trion Battery, put total assets at approximately US$105.09 million and total liabilities at approximately US$64.7 million as at that date.