ELVA · Electrovaya Inc. · Documents

Electrovaya Inc. ranked fourth among Deloitte’s Enterprise—Industry Leaders winners, marking its fourth consecutive appearance in Deloitte’s Technology Fast 50 program after four-year revenue growth of 354%.

Electrovaya entered a strategic supply agreement with Janus Electric Holdings Limited for approximately $26 million in initial purchase orders and a term sheet to invest approximately US$1.4 million for up to 4.2 million shares and up to 6.3 million warrants.

Electrovaya expects record FY2026 revenue of approximately $71 million and audited U.S. GAAP results in early December 2026. Jamestown manufacturing and ElvaPulse™ are expected to come online in FY2027.

Electrovaya Inc. obtained consents from Fasken Martineau DuMoulin LLP and MNP LLP for incorporation by reference in its October 8, 2026 prospectus supplement, including MNP’s auditor’s report for September 30, 2025 and 2024.

• Shelf prospectus (NI 44-102) 2
• Amendment to (or amended) final short form prospectus 1
• Auditors' consent letter 1

Electrovaya Inc. shareholders are asked to approve increasing stock-option shares by 2,000,000, from 7,000,000 to 9,000,000, and authorize a potential redomiciliation from Ontario to Delaware at their February 27, 2026 annual meeting.