The W8banaki Nation and Boralex Sign a Framework Agreement: The Beginning of a Lasting Relationship Built on Respect and Collaboration

Press Release

Wôlinak, Odanak, Kingsey Falls (Canada), April 21, 2026 – The Odanak Abenaki Council, the Wôlinak Abenaki Council, W8banaki and Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) announce the signing of a framework agreement marking the beginning of a long-term partnership.

This agreement establishes a formal framework for collaboration on the development of renewable energy project on Ndakina, the ancestral territory of the W8banakiak (Abenaki). It defines the guiding principles, mutual commitments, and practical mechanisms that will shape the relationship between Boralex and the W8banaki Nation in the years to come.

The agreement is intended to support reconciliation effortsby fostering a shared understanding of the potential impacts of projects on the rights and interests of the W8banakiak, while providing a foundation for the negotiation of project-specific collaboration agreements. These agreements will focus on mitigating impacts and creating positive lasting benefits for the Nation throughout the full life cycle of the projects. The framework agreement also opens the door to various forms of W8banakiak participation, including , including potential equity participation in projects.

A Partnership Rooted in the Territory

Boralex, whose head office is located in Kingsey Falls, acknowledges that its offices are situated on the Ndakina, the ancestral territory of the W8banakiak. This recognition goes beyond symbolism; it marks the starting point of a sincere and ongoing commitment to the Nation and its members.

Indigenous communities play a central role in how Boralex designs and delivers its projects. The company firmly believes that renewable energy development must be carried out with communities, not simply near them. Boralex also recognizes the ancestral and treaty rights of the W8banakiak, as recognized and affirmed through the Oswegatchie and Kahnawake Peace and Friendship Treaties, as well as the principles set out in the United Nations Declaration on the Rights of Indigenous Peoples.

Quotes

“This framework agreement represents a commitment to future generations. It is not consent to specific projects, but rather a path we are defining—one grounded in respect for our rights, our territory and our vision of development. It provides us with the tools to build projects with rigour and pride that create lasting value for our Nation, while protecting who we are.”

Rick O’Bomsawin, Chief, Odanak Abenaki Council

“This agreement gives us the means to actively participate in transformative projects, generate lasting benefits for our members and strengthen our autonomy in promising sectors such as renewable energy.”

Stéphan Landry, Councillor, Wôlinak Abenaki Council

“At Boralex, putting our energy where it matters means acting early. Project development begins well before construction. It starts with listening, open dialogue and the building lasting, trust-based relationships with communities. This framework agreement reflects our commitment to working closely with the W8banaki Nation, from the earliest stages and throughout the entire project life cycle, aligning renewable energy development with the recognition of rights and the creation of meaningful and long-lasting benefits for the territory. It embodies our ambition to be the partner of choice.”

Robin Deveaux, Executive Vice President and General Manager, North America, Boralex

About the W8banaki Nation

The W8banaki Nation, formerly the Grand Council of the Waban-Aki Nation Inc., is a Tribal Council founded in 1979 that brings together the Abenaki communities of Odanak and Wôlinak. Its mission is grounded in three fundamental pillars—representation, development and administration—through which it works to defend the rights and interests of the W8banakiak and to promote the well-being of its communities.

Through its various bodies, including the Ndakina Office, the Nation is notably involved in the protection, management and enhancement of the Ndakina, by participating in environmental processes and ensuring the preservation of its cultural and archaeological heritage.

Beyond this commitment, W8banaki is active across a wide range of areas, including technical services, economic development, social services, emergency management and more. The Nation prioritizes approaches rooted in its values and rights, fostering respectful collaborations that generate lasting benefits for current and future generations.

For more information, visit our website. Follow us on Facebook and LinkedIn.

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 35 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50%, reaching 3,783 MW as at December 31, 2025. We are developing a portfolio of projects in development and construction of 8.2 GW in wind, solar and BESS projects, guided by our values and our corporate social responsibility (CSR) approach. Recognized as Best Corporate Citizen in Canada by Corporate Knights, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

For more information, visit boralex.com or sedarplus.ca. Follow us on Facebook and LinkedIn.

For more information

MEDIA INVESTOR RELATIONS
Geneviève Fortin-Blanchard Joanie Rancourt
Senior Advisor, Community Relations and Communications Advisor
Communications
Boralex Inc. W8banaki

438 454-3439 819 294-1686
genevieve.fortinblanchard@boralex.com jrancourt@gcnwa.com
Source: Boralex inc.

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