CAREERS CONTACT US CORPORATE INVESTORS NEWS ASSETS SUMMIT COAL Artist rendering of mine site and access road. Summit Coal Limited Partnership (“SUMMIT”) was formed in 2011 and consists of both the Mine 14 project and Mine 16S property. Mine 14 contains 121.1 million tonnes of measured and indicated resource and 18.9 million tonnes of mineable reserve (NI 43-101 report available on SEDAR). SUMMIT has achieved certain key milestones essential to commencing commercial operations of Mine 14. In 2011, the ERCB granted a Mine Licence and Permit to commence underground mining of the Mine 14 coal reserve. An amendment to this Licence was received in 2013 to increase the permitted run-of-mine production rate 2.7 times from 480,000 tonnes to 1,300,000 tonnes per year. HR Milner Power Projects Summit Coal Contingent Loss Factor Claim (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 CONTACT US Maxim Power Corp. 1800, 715 – 5th Avenue S.W. Calgary, Alberta, Canada T2P 2X6 Tel: 403-263-3021 Fax: 403-263-9125 Send email Investor Contact Send email (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.