Loop Energy (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell solutions, announces the addition of Wendy Bach to the company’s senior management team as General Counsel and Corporate Secretary.

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Ms. Bach joins Loop Energy with extensive legal and executive experience including 19 years at Methanex Corporation (MX-T; MEOH), where she held various roles including Senior Vice-President, Corporate Resources and General Counsel, Vice-President Human Resources, Director of Investor Relations and Senior Corporate Counsel. Ms. Bach also currently sits on the Board of Take a Hike Foundation and the Advisory Board for the Centre for Business Ethics at the Sauder School of Business at UBC. She has a wealth of experience in corporate governance, risk management, compliance, acquisitions & divestitures, corporate finance, joint ventures, and commercial contracts.

Wendy began her career as a lawyer in private practice at Bennett Jones LLP focusing on mergers and acquisitions and other large corporate transactions primarily in the oil and gas sector. She moved to an in-house counsel position at Canadian Airlines before joining Methanex in 2000 as Corporate Counsel. She graduated from the University of British Columbia Law School in 1995.

Reporting to Loop Energy’s Chief Executive Officer, Ms. Bach will serve as Loop’s chief legal strategist, providing sound counsel to the CEO, Board of Directors, Executive and other members of the Loop team. As a member of the executive team, she will also support the development of corporate strategies and the execution of key commercialization goals and objectives.

“I am excited to join Loop Energy’s passionate and innovative team that is focused on transforming fuel cell architecture through our design ingenuity and customer collaboration,” said Wendy Bach. “Loop’s values are aligned with my core values in sustainability and climate, and I am looking forward to doing my part to help Loop Energy become a leading supplier of fuel cell technology and products globally.”

About Loop Energy Inc.

Loop Energy is a leading designer and manufacturer of fuel cell systems targeted for the electrification of commercial vehicles, including, light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop’s products feature the Company’s proprietary eFlow™ technology in the fuel cell stack’s bipolar plates. eFlow™ was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of hydrogen fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflect management’s current expectations and projections regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control and could cause actual results and events to vary materially from those that are disclosed, or implied, by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy and the factors discussed under “Risk Factors” in the Company’s Annual Information Form dated March 30, 2021. Loop disclaims any obligation to update these forward-looking statements.

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