Worksport Ltd. (Nasdaq: WKSP) to Ring The Nasdaq Stock Market Closing Bell

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Mississauga and Manhattan – July 25, 2022 — Worksport Ltd. (Nasdaq: WKSP) (the “Company” or “Worksport”), celebrates its uplisting with Nasdaq almost one year ago this July 29, with a visit to the Nasdaq MarketSite in New York. In honor of the occasion, Mr. Steven Rossi, Chief Executive Officer, will ring the Closing Bell, celebrating Worksport’s proprietary technology, which powers the Company’s vision of lifestyle and automotive products as well as clean energy solutions for work, home, and play.  The Company also celebrates its dedicated Officers, Directors, and employees.

“Today, we wish to thank Nasdaq and the many people there who helped us reach this key moment in the life of Worksport,” Rossi said. “It is an honor to be a Nasdaq-listed Company — joining so many other distinguished, pioneering technology-based organizations. It means a lot to be a Nasdaq company and now Worksport is one, too, Worksport has a lot to do, and we are in the process of developing exciting new technology in the realms of Electronic Vehicles and alternative energy. We are here to contribute, and we intend to.”

Worksport has pioneered the development of proprietary patented folding tonneau covers for the extensive light truck market and several related breakthrough products. SOLIS, a folding truck bed tonneau cover with integrated solar panels and COR, a portable energy storage system with modular batteries and advanced hot-swap technology. Together, SOLIS and COR will transform pickup trucks, allowing them to become mobile solar power generation systems capable of forming portable nanogrids, producing and storing power anywhere, anytime.

“With Worksport and our team of world-class engineers, we are on the cusp of evolving amazing automotive products, portable energy systems and clean, renewable energy technologies that we are believe will make a difference in people’s lives around the world,” said Rossi. “Harnessing the power of the sun, the development of solar mobile power has no limits. Filled with passion for improving lives, and providing help where it’s needed the most, we believe a major change in energy technology is at hand, and we aim to be a leader in that revolution.”

“We are thrilled that the marketplace is very excited about our patented, proprietary SOLIS and COR portable energy storage system, which capitalize on the growing shift of consumer mindsets towards clean energy with proprietary solar and energy storage technologies. The hard-working, totally dedicated people who work with me at Worksport continue to keep our business at the leading edge and have committed themselves to a better and cleaner world, providing support to the truck and automotive world wherever drivers find themselves,” said Rossi.

For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit the Nasdaq Facebook, Instagram and Twitter pages at http://www.facebook.com/nasdaq, http://instagram.com/nasdaq and http://twitter.com/nasdaq.

Finally, to view a live stream of the Nasdaq Closing Bell, please visit https://www.nasdaq.com/marketsite/bell-ringing-ceremony

About Worksport Ltd.

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology.  For more information, please visit www.worksport.com and investors.worksport.com.

Connect with Worksport:

Please follow the company’s social media accounts on Twitter, Facebook, Linkedin, and Instagram, as well as sign up for the company’s newsletters at www.worksport.com or investors.worksport.com. Worksport Ltd. strives to provide frequent updates of its operations to its community of investors, clients, and customers to maintain the highest level of visibility.

For additional information, please contact:

Steven Obadiah
Investor Relations
Worksport Ltd.
T: 1-(888) 554-8789
E: investors@worksport.com
W: investors.worksport.com
W: www.worksport.com

Forward-Looking Statements

The information contained herein may contain “forward looking statements.” Forward looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: a delay in the production of the T3 tonneau cover, supply chain delays, acceptance of our T3 tonneau cover and other products by consumers, delays in or nonacceptance by third parties to sell our products, competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K and our subsequent Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov The Company encourages you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this press release. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

Invest in Innovation

Nasdaq: WKSP

Starting as a producer of truck bed tonneau covers for pickups in the United States and Canada, Worksport has since evolved to position itself as an innovator in the automotive aftermarket.

Top Product: SOLIS Solar Cover & COR Battery

Key Innovations: Extra mileage EV Pickups OffGrid Mobile Power from the Sun.

Usability: For both EV Pickups & Petrol Pickups COR Battery with or without pickup

Other Products: Regular Hard and Soft-Folding Covers

WORKSPORT’S SOLIS & COR

Worksport SOLIS and COR provide an adaptable power source for off-grid power. Not just another battery, these powerhouses work in unison to offer continuous clean, rechargeable power from the sun. COR has a fully replaceable system that allows you to swap a depleted battery for a fresh one without losing juice. SOLIS charges batteries to be ready for the exchange.

The truck bed power system

Worksport’s truck bed power system kit will come with COR (which includes one hub inverter and one battery), SOLIS Folding Solar Tonneau Cover, rail mounting system, MPPT (solar charge controller), and all cables necessary.

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WORKSPORT IN THE MEDIA

When an offering gets this much attention it is a sign to stand up and take notice. Some of the biggest names in Cleantech are talking Worksport.

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