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Shareholder Update (February 22, 2023)

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This Shareholder Update covers CGE's annual shareholder meeting scheduled for March 3, 2023 and CGE's ceasing to support the OTC Pink market.

CGE Energy Delivers Complete WIND•e20® Turbine Design to Burtek Enterprises

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Brighton, MI – CGE Energy (MKBY. MKBY:OTCPink) today delivered their complete and improved WIND•e20® wind turbine design to the engineering team at Burtek Enterprises, CGE Energy’s strategic manufacturing and assembly partner. This collection of intellectual property includes the extensive computer generated data package and complete bill of materials.

With the original turbine concept unveiled on 7/31/12, WIND•e20® is CGE Energy’s exclusive and patented vertical axis wind turbine that is designed for distributed energy generation. Hydraulically collapsing blades, trim-flap braking systems, and an environmentally friendly removable footing pioneer multiple advancements in wind turbine technologies and installation methods.

“The WIND•e20® design we delivered represents our years of design, testing and refinement,” said one of CGE Energy’s design engineers Dennis Azzopardi, “Today was one of those milestone days, like seeing your child off to college. Burtek has been a true partner and aided us in implementing cost saving improvements over the past year.”

Burtek will now spend the next few months re-running the in depth analysis and simulations to verify final material strengths necessary to meet the WIND•e20®’s 20-plus-year operating life, stringent safety requirements and energy production specifications. This final engineering check will prepare the WIND•e20® for cost effective manufacturability and mass production.

Burtek is a world leading and industry recognized full-service design, engineering, and manufacturing organization. This 5-star military contractor has recently acquiring two other well known, complex precision-fabrication entities– Process Fab, Inc and Votaw Precision Technologies– to further increase Burtek’s capabilities.

About CGE Energy

CGE Energy is a renewable energy and energy efficiency company headquartered in Brighton, Michigan. For more than 20 years, the company has provided energy solutions and is now offering Power Purchase Agreements. Today
the company serves customers in the U.S. and abroad, using energy efficient technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. CGE Energy is now a publicly traded company. CGE will trade under the ticker symbol MKBY:OTCPink until FINRA approval of symbol change. http://www.cgeenergy.com

Certain statements made in this release constitute forward-looking statements and do not guarantee future performance. Actual results or developments may differ materially from the projections in the forward-looking statements.