CAREERS CONTACT US CORPORATE INVESTORS NEWS ASSETS ALL News Releases NOVEMBER 9, 2021 - NEWS Maxim Power Corp. Announces 2021 Third Quarter Financial and Operating Results, and Reports Significant Earnings with $52 million of Adjusted EBITDA in the First Nine Months of 2021 PREV Maxim Power Corp. Announces the Re-Filing of 2021 Second Quarter Financial Information and Project Updates NEXT CURRENT STOCK QUOTE Symbol: MXG Last Trade 3.68 $ Change 0.07 % Change 1.94% Volume 2.76k MAXIM FINANCIALS (403) 263-3021 (403) 263-9125 - fax Send email 1800, 715 - 5th Avenue S.W. Calgary, Alberta, CANADA T2P 2X6 Corporate Investors News Assets ABOUT US Based in Calgary, Alberta, Maxim Power Corp. ("MAXIM") is one of Canada's largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset - the 204 MW H.R. Milner Plant ("M2") in Grande Cache, AB is a state-of-the-art natural gas-fired power plant that commissioned in Q2, 2020. MAXIM is currently increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. In addition, MAXIM continues to explore additional development options in Alberta including its currently permitted gas-fired generation projects and the permitting of its wind power generation project. MAXIM trades on the TSX under the symbol MXG. SEARCH ©2021 Maxim Power Corp. All rights reserved.

CAREERS CONTACT US CORPORATE INVESTORS NEWS ASSETS ALL News Releases AUGUST 20, 2021 - NEWS Maxim Power Corp. Announces TSX Acceptance of Normal Course Issuer Bid PREV Maxim Power Corp. Announces 2021 Second Quarter Financial and Operating Results NEXT Maxim Power Corp. Announces the Re-Filing of 2021 Second Quarter Financial Information and Project Updates CURRENT STOCK QUOTE Symbol: MXG Last Trade 3.68 $ Change 0.07 % Change 1.94% Volume 2.76k MAXIM FINANCIALS (403) 263-3021 (403) 263-9125 - fax Send email 1800, 715 - 5th Avenue S.W. Calgary, Alberta, CANADA T2P 2X6 Corporate Investors News Assets ABOUT US Based in Calgary, Alberta, Maxim Power Corp. ("MAXIM") is one of Canada's largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset - the 204 MW H.R. Milner Plant ("M2") in Grande Cache, AB is a state-of-the-art natural gas-fired power plant that commissioned in Q2, 2020. MAXIM is currently increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. In addition, MAXIM continues to explore additional development options in Alberta including its currently permitted gas-fired generation projects and the permitting of its wind power generation project. MAXIM trades on the TSX under the symbol MXG. SEARCH ©2021 Maxim Power Corp. All rights reserved.