Strategic Partners

Toronto, Ontario, June 19, 2023 — SolarBank Corporation (CSE: SUNN; OTC: SUUNF; FSE: GY2) (“SolarBank” or the “Company”) is pleased to announce that the Company has been added to the CSE25™ Index on the Canadian Securities Exchange (“CSE”) effective after market close on June 16, 2023. The CSE25 Index is a subgroup of the CSE Composite Index. It contains the securities of the twenty-five largest index companies by market capitalization. This sub-index contains over 52.75% of the total weight of the Composite Index.

“Today marks a milestone for SolarBank as we proudly join the CSE 25 index,” said Dr. Richard Lu, CEO of SolarBank. “This is a testament to the hard work and dedication of the team in executing on our business plan since the IPO and resulting market recognition.”