GreenPower Announces Appointment of Davidson & Company as Its New Auditor

Rhea-AI Summary

GreenPower (NASDAQ: GP) appointed Davidson & Company LLP as its new auditor, effective March 3, 2026.

The Board and Audit Committee approved the change; Davidson replaces BDO Canada LLP. GreenPower thanked BDO for its services and noted BDO did not express any modified opinion for the two most recently completed fiscal years, nor were there any reportable events under NI 51-102.

News Market Reaction – GP

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On the day this news was published, GP declined 2.14%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2026) - GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of zero emission electric powered vehicles serving the cargo and delivery, shuttle, transit and school bus markets, is pleased to announce the appointment of Davidson & Company LLP ("Davidson") as its new auditor effective as of March 3, 2026.

Davidson replaces BDO Canada LLP ("BDO" or the "Former Auditor") as GreenPower's auditor. The Board and management of GreenPower would like to thank BDO for their excellent services. The change in auditor has been approved by the Company's Audit Committee and Board of Directors.

There was no modified opinion expressed in BDO's report on any of the Company's financial statements relating to the period commencing at the beginning of the Company's two most recently completed financial years and ending on the date of resignation of BDO. There have been no "reportable events" within the meaning assigned under subsection 4.11(1) of National Instrument 51‐102 Continuous Disclosure Obligations.

For further information contact

Fraser Atkinson, CEO
(604) 220-8048

Michael Sieffert, CFO
(604) 563-4144

About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. For further information go to www.greenpowermotor.com

©2026 GreenPower Motor Company Inc. All rights reserved.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286195

FAQ

Why did GreenPower (GP) appoint Davidson & Company as auditor on March 3, 2026?

GreenPower appointed Davidson as its new auditor effective March 3, 2026 to replace the prior auditor. According to GreenPower, the Board and Audit Committee approved the change and thanked BDO for their services.

Does the auditor change for GreenPower (GP) indicate prior audit problems?

No, the auditor change does not indicate prior audit problems in this filing. According to GreenPower, BDO expressed no modified opinion and there were no reportable events under NI 51-102.

When does Davidson & Company become GreenPower (GP)'s auditor and who did they replace?

Davidson & Company became GreenPower's auditor effective March 3, 2026, replacing BDO Canada LLP. According to GreenPower, the Board and Audit Committee approved the change.

How did GreenPower (GP) describe BDO's service after the auditor transition?

GreenPower publicly thanked BDO for their excellent services following the transition. According to GreenPower, the Board and management expressed appreciation for BDO's work.

Who can investors contact for more information about GreenPower's (GP) auditor change?

Investors can contact GreenPower's CEO or CFO for more information as listed in the announcement. According to GreenPower, contact details include Fraser Atkinson (CEO) and Michael Sieffert (CFO).