Polaris Renewable Energy Inc. announced that its board of directors has declared a quarterly dividend of USD 0.15 per common share outstanding. This dividend will be paid on August 26, 2022, to shareholders of record at the close of business on August 15, 2022. The dividend is an eligible dividend as designated for Canadian federal, provincial, and territorial income tax purposes.

The board of directors of Polaris Renewable Energy remains committed to paying a quarterly dividend and will evaluate further dividend increases, as appropriate, going forward.