Tranche Update on Jade Power Trust (TSXV:JPWR.H)'s Equity Buyback Plan announced on August 30, 2021.

Jade Power Trust is a Canada-based open-ended trust. The Trust, through its direct and indirect subsidiaries in Canada, the Netherlands and Romania, has formed to acquire interests in renewable energy assets in Romania, other countries in Europe and abroad that provides stable cash flow to the Trust and a suitable risk-adjusted return on investment. The Company's subsidiaries include Jade Power Holdings Inc., Jade Power Holdings 2 Inc., Transeastern Power Cooperatief U.A, Transeastern Power B.V., Transeastern Hidroelectrica Del Ucea SPV S.R.L., Transeastern Rott Energy SPV III S.R.L., and Transeastern Power Services Limited.