Toronto, Ontario--(Newsfile Corp. - May 2, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has signed a national service agreement with MaxSolar, a nation-wide renewable energy project operations & maintenance provider.

Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, reported its financial results for the year ended December 31, 2023. UGE reports all amounts in US dollars. At the same time, within the Company's audited consolidated financial statements, the Company restated the comparative information as at and for the year ended December 31, 2022 as there had been an omission of leases that were not reported as either right-of-use assets or lease liabilities at December 31, 2022, as well as a computation error in calculating tax equity financing debt where carrying values were overstated at December 31, 2022. Refer to Note 23 of the audited consolidated financial statements for details of the restatement and its impact on previously issued financial statements as at and for the year ended December 31, 2022.