NeoVolta Signs $116M Master Purchase Agreement to Deliver Battery Energy Storage Systems in 2027

Major Commercial Milestone Signals Beginning of a New Growth Phase for

NeoVolta’s U.S. Manufacturing Operations

SAN DIEGO, CA – November 13, 2026 – NeoVolta Inc. (NASDAQ: NEOV)

(“NeoVolta” or the “Company”), a U.S.-based energy technology company

delivering scalable energy storage solutions, today announced that its majority-

owned subsidiary, NeoVolta Power, LLC (“NeoVolta Power”), has entered into a

$116M master purchase agreement with a leading energy solutions provider.

Under the agreement, NeoVolta Power will supply FEOC-compliant battery

energy storage systems (BESS), with product deliveries scheduled for 2027. The

agreement establishes a substantial base of contracted business, providing

increased visibility into NeoVolta’s near-term manufacturing activity and

supporting the Company’s continued commercial expansion.

The purchase orders would provide a substantial foundation for NeoVolta’s

manufacturing ramp in Pendergrass, Georgia, supporting increased production

volumes as the Company expands its domestic energy storage operations. As

demand for FEOC-compliant domestic supply chains continue to grow, NeoVolta

believes its U.S. manufacturing capabilities position the Company to play an

increasingly important role in the rapidly expanding energy storage market.

“Securing this $116 million dollar agreement represents a major milestone for

NeoVolta, and we believe this is only the beginning of a much larger growth

trajectory for our company,” said Ardes Johnson, Chief Executive Officer of

NeoVolta. “As we scale production in Georgia and fulfill these commitments, we

are building the foundation for rapid, sustained growth while positioning

NeoVolta to meet the accelerating demand for domestically manufactured

battery energy storage systems and become one of the leading U.S. suppliers in

the industry.”

About NeoVolta

NeoVolta is an innovator in energy storage solutions dedicated to advancing

reliable, high-performance power infrastructure for residential, commercial, and

utility applications. With a focus on scalable technology, domestic manufacturing,

and strategic partnerships, NeoVolta is positioned to support the accelerating

transition toward resilient energy systems.

For more information, visit www.neovolta.com.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this release include, without limitation, statements regarding the FEOC compliance opinion and the conclusions expressed therein, the structuring of the Pendergrass, Georgia facility to meet applicable FEOC eligibility requirements, the facility's eligibility for IRS tax credits, manufacturing capacity, production timelines, the targeted completion of Site Acceptance Testing by the end of August 2026, the production ramp expected to begin in Q3 of calendar year 2026, and future operations generally. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including "believes," "estimates," "anticipates," "expects," "plans," "projects," "intends," "potential," "may," "could," "might," "will," "should," "approximately," or other words that convey uncertainty of future events or outcomes. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. Risk Factors in the Company's most recently filed Form 10-K and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Contacts

NEOV Investors

Bryan Baritot

Alliance Advisors IR

ir@neovolta.com

NEOV Media

Email: press@neovolta.com

Phone: 800-364-5464