Corporate Update – 23rd February 2021

Corporate Update

Pineapple Power Corporation plc (“Pineapple Power” or “the Company“) is pleased to provide an update on its activities.

Pineapple Power was formed as a “cash shell” with a specific focus on acquisitions in the clean and renewable energy sector, as outlined in its prospectus published on 21 December 2020 (the “Prospectus“), which can be found on the Company’s website – www.pineapple-powercorp.com

The Company notes the increase in its share price since its listing became effective on 24 December 2020 and is appreciative of investors’ support for the Company. The Company is making this announcement both in response to such share price rise and in light of the numerous requests for an update received by it.