Clean Energy Transition Inc. Launches TranFin EaaS Pilot and Announces Private Placement

TORONTO, ON — June 22, 2026 — Leads & Copy — Clean Energy Transition Inc. (TSX-V: TRAN), referred to as transition.inc, is launching a new Energy-as-a-Service pilot program called Transition Finance, or “TranFin,” aimed at Canada’s burgeoning residential clean energy sector. The company also announced a non-brokered private placement to raise up to $375,000 through the sale of Equity-Royalty Units, structured as two concurrent offerings.

The financing consists of a Unit Offering of up to 7,500,000 units at $0.04 per unit, and a Concurrent Offering of up to 7,500,000 royalty rights at $0.01 per royalty right, totaling $0.05 per Equity-Royalty Unit.

TranFin represents a new business venture for transition.inc, complementing its existing Critical Minerals assets. Through this Energy-as-a-Service model, TranFin will collaborate with installers of residential battery, solar, and heat pump projects. The program offers a third-party ownership model where TranFin will fund, own, and maintain these energy assets at the client's location. Homeowners will gain access to the benefits of these assets through a subscription service. The company plans to initiate a pilot phase in the coming months, with an initial deployment of Energy Assets in a pilot portfolio.

The primary goal of TranFin is to address the upfront cost barrier for homeowners seeking clean energy upgrades and to provide installers with an enhanced method for closing deals. TranFin will fund, own, monitor, and maintain residential batteries, solar systems, heat pumps, and bundled projects, while homeowners will pay a predictable, long-term subscription fee for their use.

This model is designed to create value across the market. Homeowners benefit from access to energy assets without initial investment. Installers gain an additional financing option for customers hesitant about upfront costs. For transition.inc and its funding partners, the objective is to establish a portfolio of owned energy assets generating consistent, recurring subscription revenue.

While TranFin is a new business line, it draws upon the extensive experience of the company’s management and Board in energy, energy services, capital markets, project development, and residential services. It also aligns strategically with the company’s Critical Minerals Division, which includes potential nickel for batteries and silica/quartz feedstock for solar supply chains, as detailed in the company's February 2026 Critical Minerals Investor Update.

The initial pilot phase for the third-party ownership structure will focus on residential battery projects, primarily in the Canadian Maritimes. This phase will allow the company to test the EaaS model, refine its operational processes and documentation, and collaborate with an initial installer partner before moving to a broader Ramp Phase. Discussions are also underway with funding groups for potential debt financing for the Ramp Phase, which is planned to include solar and battery-solar combinations, expanded Canadian market presence, and additional installer relationships.

TranFin is actively seeking partnerships with qualified Canadian installers who have pipelines of residential battery, solar, or heat pump projects and are looking for third-party ownership solutions for their customers. Interested installers are invited to contact the company at info@transition.inc.

“TranFin reflects a broader energy transition opportunity that TRAN has been developing since our strategic pivot two years ago,” said Sean Samson, President and CEO. “We believe Energy-as-a-Service and third-party ownership can become important tools in the Canadian residential energy market, while also creating a natural strategic link to our existing Critical Minerals assets. With homeowners focused on affordability, resilience and energy security, TranFin is designed to help make clean energy upgrades more accessible, while giving installers a new way to grow their businesses.”

Clean Energy Transition Inc. remains a resource issuer focused on its Critical Minerals assets and will continue to evaluate TranFin’s development within the framework of applicable TSXV policies, including Policy 5.2.

The Financing, structured as Equity-Royalty Units, includes the Unit Offering and the Concurrent Offering. Each Equity-Royalty Unit comprises one Unit and one Royalty Right, with an aggregate subscription price of $0.05.

Under the Unit Offering, up to 7,500,000 Units will be issued at $0.04 per Unit, generating gross proceeds of up to $300,000. Each Unit consists of one common share and one common share purchase warrant. Each warrant allows the holder to buy an additional common share at $0.08 for two years, subject to acceleration if the volume-weighted average share price on the TSXV reaches $0.10 for 10 consecutive trading days.

The Concurrent Offering involves the issuance of up to 7,500,000 Royalty Rights at $0.01 per Royalty Right, raising up to $75,000. Holders of Royalty Rights will receive quarterly distributions, based on their pro rata share, equal to 50% of the Cash Flow for Distribution generated by the Energy Assets in TranFin’s Pilot Phase. Cash Flow for Distribution is defined as gross subscription revenues from the Pilot Portfolio, less credit loss provisions, cost-to-serve (including maintenance, insurance, and other direct or allocated costs), and applicable taxes. The Company will retain the remaining 50% of the Cash Flow for Distribution.

Total distributions to Royalty Right holders will be capped at 50% of the total proceeds from the Financing. Upon reaching this Distribution Cap, all Royalty Rights will automatically terminate. Each Royalty Right remains active until the Distribution Cap is met or the term of all underlying Pilot Portfolio projects is completed.

Net proceeds from the Financing are intended for funding the Pilot Portfolio (at least 50% of net proceeds) and for general corporate and working capital purposes. Royalty Rights are contractual rights and not equity securities.

Securities issued in the Unit Offering will be subject to a four-month and one-day statutory hold period. Finder’s fees may be paid in connection with the Unit Offering. Completion of both offerings is contingent upon receiving all necessary approvals, including TSXV approval.

“The Equity-Royalty Unit is a nuanced structure that our Board believes fairly incentivizes investors to participate with us in this new endeavor, providing the potential for not only equity price appreciation, but also the potential to receive distributions over time of up to half their original invested amount,” said Sean Samson.

An investor presentation focusing on the TranFin rollout is available on transition.inc. Management will also post an update on Wednesday, June 24, at 4:15 p.m. EDT, to review the presentation and provide further details on the new Energy-as-a-Service business line.

About Clean Energy Transition Inc.

Clean Energy Transition Inc. focuses on generating positive cash flow across the energy transition. The company’s current portfolio includes Critical Minerals assets, such as the Aurora Nickel Project in Ontario and high-quality Silica/Quartz projects in Ontario and Québec, which may supply feedstock for silicon metal used in solar energy systems and advanced manufacturing. In addition to its Critical Minerals assets, transition.inc is exploring broader opportunities within the energy transition, including the newly launched TranFin Energy-as-a-Service platform.

Source: Clean Energy Transition Inc.