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Stardust Solar Replaces Audit Committee and Board Member with O2E Brands Franchise Executive, Paul Baluch

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Stardust Solar Energy Inc. (TSXV: SUNXF) has appointed Paul Baluch to its Board of Directors, replacing Young Bann. Baluch brings 18 years of experience in services and franchising, with a proven track record in scaling businesses and leading high-growth teams.

At Premium Service Brands, Baluch led teams to scale to over 150 locations and $40M+ in system revenue, achieving 70% year-over-year growth. His previous role at Shack Shine and 1-800-GOT-JUNK? contributed to 4,700% growth and $30M+ in revenue over five years through restructuring operations and implementing business coaching systems.

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Positive

  • Appointment of experienced franchise executive with 18 years of expertise
  • Track record of achieving 70% year-over-year growth at Premium Service Brands
  • History of scaling operations to $40M+ in system revenue
  • Demonstrated success with 4,700% growth at previous ventures

Negative

  • None.

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) ("Stardust Solar" or the "Company"), a leading provider of residential solar energy solutions, is pleased to announce that Paul Baluch has joined the Company's Board of Directors, effective immediately.

Paul Baluch is a seasoned services and franchising executive with 18 years of experience scaling businesses and leading high-growth teams. As an entrepreneur, advisor, coach, and investor, Paul is known for enabling organizations to thrive through strategic planning, operational excellence, and leadership development.

At Premium Service Brands, he led teams across three brands to scale to over 150 locations and $40M+ in system revenue-achieving 70% year-over-year growth. During his time at Shack Shine and 1-800-GOT-JUNK?, he restructured the operations department, implementing best-in-class business coaching and support systems for 100+ locations. This contributed to 4,700% growth and $30M+ in revenue over five years with Shack Shine.

"We are pleased to welcome Paul to the Board," said CEO, Mark Tadros. "His franchise acumen and strategic leadership will provide valuable direction as we continue to advance our growth initiatives and strengthen our position as a leader in the solar energy franchise sector."

The Company has accepted the resignation of Young Bann and appointed Paul Baluch as his replacement. The Company extends its gratitude to Mr. Bann for his service and wishes him success in his future endeavors.

About Stardust Solar

Stardust is a North American franchisor of renewable energy installation services, including solar panels (PV), energy storage systems, and electric vehicle supply equipment. Stardust lends its brand and business management services to entrepreneurs looking to enter the renewable energy industry. Stardust franchisees install and maintain clean energy systems for residential and commercial purposes. As a franchisor, Stardust supplies its franchisees with the following products: solar PV equipment, energy storage equipment, and electric vehicle supply equipment. In addition, Stardust supports its franchisees with many services from corporate headquarters, including marketing, sales, engineering, plan sets, customer service, and project management.

Media and Investor Contacts:

Mark Tadros
Chief Executive Officer, Chairman and Director

For further information or media requests, please contact:

Steve Rickaby
Director of Communications and Investor Relations
Stardust Solar Energy Inc.
Cell: 1-672-472-1345
Steve@StardustSolar.com
www.stardustsolar.com
https://www.linkedin.com/company/stardustsolar/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.

This news 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 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. Forward looking statements made in this news release include the anticipated filing date of the Annual Financial Filings. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities 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, including, but not limited to, availability of funds, personnel and other resources necessary to conduct the business activities of the Company. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257520

FAQ

Who is Paul Baluch and why did Stardust Solar (SUNXF) appoint him to the board?

Paul Baluch is a seasoned services and franchising executive with 18 years of experience in scaling businesses. He was appointed for his franchise expertise and strategic leadership to advance Stardust Solar's growth initiatives in the solar energy franchise sector.

What experience does Paul Baluch bring to Stardust Solar's board?

At Premium Service Brands, Baluch led teams to $40M+ in system revenue with 70% year-over-year growth. At Shack Shine and 1-800-GOT-JUNK?, he achieved 4,700% growth and $30M+ revenue over five years.

Who did Paul Baluch replace on Stardust Solar's board?

Paul Baluch replaced Young Bann on Stardust Solar's board of directors.

What are Stardust Solar's expectations from Paul Baluch's appointment?

Stardust Solar expects Baluch's franchise acumen and strategic leadership to provide valuable direction for growth initiatives and strengthen their position in the solar energy franchise sector.
Stardust Solar Energy Inc

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