Corvus Energy Announces Executive Appointment

Corvus Energy appoints marine industry veteran Willie Wagen as head of global sales and marketing and European managing director

Richmond, B.C – November 21, 2016 Corvus Energy, a global leader in energy storage, announces a new executive appointment that strengthens the Company’s global sales & marketing and European operations.

Willie Wagen has been appointed Global Vice President of Sales & Marketing and Managing Director Europe for Corvus Energy Inc., joining the Company with years of strategic leadership, sales execution and industry experience. In this new role, Wagen will focus on expanding and accelerating global sales growth and expanding European operations.

“Willie brings a wealth of knowledge regarding the future perspectives and trends of the marine industry, along with a passion for innovation and new technologies,” says Corvus Energy President & CEO, Andrew Morden. “I am extremely pleased to have Willie join the Corvus team to drive our sales growth and our focus on customer satisfaction.”

“Corvus Energy’s approach to energy storage solutions with the new Orca ESS portfolio aligns perfectly with industry needs and I am excited to join Corvus and help extend its market leadership,” says Wagen.

Before joining Corvus, Wagen held a variety of sales & business development leadership positions over his 9 years at Wärtsilä, mostly recently as the head of the Market Innovation department at Wärtsilä focused on the global marine and oil & gas industries. Prior to Wärtsilä, Wagen was at Aker Solutions. Mr. Wagen will be based out of the Corvus Energy European Headquarters in Bergen, Norway.

About Corvus Energy

Corvus Energy provides high power energy storage in the form of modular lithium ion battery systems. Its purpose-built, field-proven battery systems provide sustained power to hybrid and fully electric heavy industrial equipment, including large marine propulsion drives. For more information, please visit:  www.corvusenergy.com.

Media Contact:

Sean Puchalski

VP Strategic Marketing and Accounts

(604) 227-0280 ext. 123

spuchalski@corvusenergy.com