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Legend Power Systems Provides Update on Executive Appointments

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Legend Power Systems (OTCQB: LPSIF) announced management changes effective September 30, 2025. Paul Moffat, previously Chief Operating Officer, will serve as Interim Chief Financial Officer. Florence Tan, the incumbent CFO who served part‑time, will transition to an advisory role to continue providing strategic counsel. Leah Hodges has been appointed Corporate Secretary. The company stated it does not anticipate any disruption to operations or financial reporting as a result of these changes.

Legend Power Systems (OTCQB: LPSIF) ha annunciato cambiamenti nella direzione operativa in vigore dal 30 settembre 2025. Paul Moffat, precedentemente Chief Operating Officer, ricoprirà la carica di Interim Chief Financial Officer. Florence Tan, l'attuale CFO che ha lavorato part-time, passerà a un ruolo di consulenza per continuare a fornire consulenza strategica. Leah Hodges è stata nominata Corporate Secretary. L'azienda ha dichiarato di non prevedere alcuna interruzione delle operazioni o della rendicontazione finanziaria a seguito di tali cambiamenti.

Legend Power Systems (OTCQB: LPSIF) anunció cambios en la gerencia que entrarán en vigor el 30 de septiembre de 2025. Paul Moffat, anteriormente Director de Operaciones, ocupará el cargo de Interim Chief Financial Officer. Florence Tan, la actual CFO que trabajaba a tiempo parcial, pasará a desempeñar un rol de asesoría para seguir brindando asesoría estratégica. Leah Hodges ha sido designada Corporate Secretary. La empresa declaró que no anticipa ninguna interrupción de las operaciones o de la información financiera como resultado de estos cambios.

Legend Power Systems (OTCQB: LPSIF)가 관리 변경을 발표했습니다. 시행일은 2025년 9월 30일입니다. Paul Moffat는 이전에 최고운영책임자였으며 임시 최고재무책임자를 맡게 됩니다. Florence Tan, 현 CFO로 파트타임 근무하던 분은 전략 자문을 계속 제공하기 위해 자문 역할로 전환합니다. Leah Hodges기업서기로 임명되었습니다. 회사는 이러한 변경으로 사업 운영이나 재무보고에 차질이 없을 것이라고 밝혔습니다.

Legend Power Systems (OTCQB : LPSIF) a annoncé des changements de direction efficaces le 30 septembre 2025. Paul Moffat, anciennement Directeur des Opérations, occupera le poste de Interim Chief Financial Officer. Florence Tan, la CFO en fonction à temps partiel, passera à un rôle de conseil pour continuer à fournir des conseils stratégiques. Leah Hodges a été nommée Corporate Secretary. La société a indiqué qu’elle ne prévoit aucune perturbation des opérations ou des informations financières suite à ces changements.

Legend Power Systems (OTCQB: LPSIF) hat Managementänderungen mit Wirkung zum 30. September 2025 bekannt gegeben. Paul Moffat, bisher Chief Operating Officer, wird als Interim Chief Financial Officer fungieren. Florence Tan, die amtierende CFO, die Teilzeit arbeitete, wird in eine Beratungsrolle wechseln, um weiterhin strategische Beratung zu leisten. Leah Hodges wurde zur Corporate Secretary ernannt. Das Unternehmen erklärte, dass durch diese Änderungen voraussichtlich keine Beeinträchtigung des Betriebs oder der Finanzberichterstattung zu erwarten sei.

أعلنت Legend Power Systems (OTCQB: LPSIF) عن تغييرات في الإدارة ستكون سارية المفعول اعتباراً من 30 سبتمبر 2025. سيكون Paul Moffat، الذي كان يشغل منصب الرئيس التنفيذي للعمليات سابقاً، بمثابة الرئيس التنفيذي المالي المؤقت. ستنتقل Florence Tan، وهي الرئيسة المالية الحالية التي كانت تعمل بدوام جزئي، إلى دور استشاري لتواصل تقديم المشورة الاستراتيجية. تم تعيين Leah Hodges كـ الأمناء المؤسسيين. وقالت الشركة إنها لا تتوقع أي تعطل في العمليات أو التقارير المالية نتيجة لهذه التغييرات.

Legend Power Systems (OTCQB: LPSIF) 宣布管理层变动,生效日期为 2025年9月30日Paul Moffat,原任首席运营官,将出任 临时首席财务官Florence Tan,现任财务总监,兼职工作,将转为 咨询角色,继续提供战略建议。Leah Hodges 已被任命为 公司秘书。公司表示,这些变动不会对运营或财务报告造成任何中断。

Positive
  • Interim CFO appointment effective September 30, 2025
  • Paul Moffat promoted internally from COO to Interim CFO
  • Florence Tan to remain available in an advisory role
Negative
  • Incumbent CFO moves from part‑time role to advisory, reducing her formal CFO capacity

Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - Legend Power Systems Inc. (TSXV: LPS) (OTCQB: LPSIF) ("Legend Power" or the "Company"), a global leader in commercial electrical system solutions, today announced that, effective September 30, 2025, Mr. Paul Moffat, currently Chief Operating Officer, will assume the role of Interim Chief Financial Officer. Ms. Florence Tan, the Company's incumbent CFO, and who served in this role in a part time capacity, will transition to an advisory role, continuing to provide strategic counsel to management. In addition, Ms. Leah Hodges has been appointed Corporate Secretary. The Company does not anticipate any disruption to its operations or financial reporting as a result of these changes.

About Legend Power Systems Inc.

Legend Power Systems Inc. (https://legendpower.com/) provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support proactive executive decision-making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is also a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.

About SmartGATE

SmartGATE is a turnkey solution that identifies and resolves inefficiencies in commercial electrical systems, enhancing energy performance while reducing costs and emissions. The SmartGATE active energy management system installs after the meter in line with your switchgear. Using our patented technology, we extract a percentage of the load, convert and analyze it, rebuild the waveform, and then inject it back into your system. This provides full voltage regulation (+/- 8%) to your exact specification, on each phase individually to address the main power attributes that impact system reliability, lifetime, and efficiency. All focused on reducing energy consumption while creating optimal power for optimal performance with a footprint designed for today's buildings.

For further information, please contact:

Jonathan Lansky, Director
+1 416 417 7664
lansky.j@icloud.com

Sean Peasgood, Investor Relations
+ 1 647 503 1054
sean@sophiccapital.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company's quarterly and annual Management's Discussion & Analysis, which may be viewed on SEDAR+ at www.sedarplus.ca. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results to not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268946

FAQ

When did Legend Power (LPSIF) announce the executive changes?

The changes were announced on October 2, 2025, effective September 30, 2025.

Who is serving as Interim CFO for Legend Power (LPSIF)?

Paul Moffat, previously Chief Operating Officer, is Interim Chief Financial Officer.

What role will former CFO Florence Tan have at Legend Power (LPSIF)?

Florence Tan will transition from part‑time CFO to an advisory role, providing strategic counsel.

Who was appointed Corporate Secretary at Legend Power (LPSIF)?

Leah Hodges has been appointed Corporate Secretary.

Will Legend Power (LPSIF) experience operational or reporting disruptions from the changes?

The company stated it does not anticipate any disruption to operations or financial reporting.
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