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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’s CREE LED Lighting Upgrade Brings Royal Oak Ford over $400,000 in Savings

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BRIGHTON, Mich.—(BUSINESS WIRE)—CGE Energy (currently trading as MKBY:OTCPink) has made strides in the automotive sales industry by bringing real energy savings with Cree® LED lighting to a large number of car dealerships. Royal Oak Ford of Southeast Michigan recently became another recipient of these energy savings.

Royal Oak Ford was recognized for their “Superior Service” in 2013 with a President’s Award from the Ford Motor Company. The dealership is always looking for ways to stand out from the competition. Recently, owner Eddie Hall and his staff were particularly interested in discovering ways in which they could reduce energy costs while improving lighting at four facilities, including their main lot, used cars, pre-owned cars and Royal Car Rental.

CGE Energy surveyed their existing lighting layout and designed a lighting system capable of rendering more light output while reducing the total number of lighting fixtures in use by 56%, bringing the total number of fixtures from 168 to 94. The new fixtures feature bright, energy-efficient Cree® LED lighting. The new setup reduced lighting energy use by 71%, saving the dealership $3,461 a month in energy and maintenance costs. These savings along with a $20,800 rebate will save the dealership nearly half a million dollars over the next 10 years.

Wanting to ensure that their investment will remain at its best, Royal Oak Ford also joined CGE Energy’s R.A.M.P. lighting maintenance program. CGE Energy will cover the upkeep of all parking lot fixtures as well as 50,000 square feet of interior showroom giving Royal Oak Ford a “lighting solution for the long run.”

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. As of their January 31stmerger with McKenzie Bay International, CGE Energy is now a publicly traded company. CGE will trade under the ticker symbol MKBY:OTCPink until FINRA approval. 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.