Company to Showcase at Premier Investor Event Among Industry Leaders Like Walmart, Yum! Brands, and SharkNinja

West Seneca, New York, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce that it has been invited to present at the upcoming ICR Conference 2025, one of the largest investment conferences of the year. The Company will present on Tuesday, January 14, 2025, from 2:30 PM to 2:55 PM ET and will be available throughout the day to meet with new and existing investors.

Showcasing Growth Amid Industry Titans

Following Worksport's noteworthy 581% YoY growth in Q3 2024, Worksport looks forward to presenting at the prestigious ICR conference. Worksport joins an impressive roster of publicly traded companies across various sectors, including retail giants like Walmart Inc. hospitality leaders such as Yum! Brands, Inc. and renowned consumer brands like SharkNinja. The Company's inclusion underscores its growing prominence in the automotive and clean energy sectors.

Key Highlights of Worksport's Participation:

• Presentation Details:
  • Date: Tuesday, January 14, 2025
  • Time: 2:30 PM to 2:55 PM ET
  • Location: ICR Conference 2025, Orlando, Florida

• Investor Engagement:
  • Worksport's executive team will be available for one-on-one meetings with investors, analysts, and industry professionals.
  • The Company aims to discuss its recent achievements, including significant revenue growth, product launches, and strategic initiatives for 2025.
    

Strategic Opportunity Among Market Leaders
The ICR Conference is renowned for bringing together top companies with investors, analysts, and media. Worksport's attendance offers a strategic platform to:

• Highlight Growth Trajectory: Worksport will share insights on the Company's accelerating sales, expansion plans, and path to profitability.
  
• Showcase Innovation: Present upcoming product launches, including the highly anticipated premium AL4 tonneau cover and SOLIS and COR clean-tech products.
  
• Network with Industry Peers: Engage with leading companies across retail, hospitality, health, beauty, technology, and consumer goods sectors.
  

Management Commentary
"We are thrilled to present at the ICR Conference 2025 alongside some of the most influential companies in the world," said Steven Rossi, CEO of Worksport Ltd. "This event provides an excellent opportunity to showcase our Company's growth, innovative product lineup, and strategic vision to a wide audience of investors and industry professionals. We also look forward to engaging with new and existing investors to discuss how Worksport is poised for significant growth in the coming year."

About the ICR Conference
The ICR Conference is one of the premier investment conferences, featuring presentations by more than 200 public and private companies. It attracts over 2,500 attendees, including institutional investors, sell-side analysts, and select media. The conference is known for its unique format, offering companies a platform to tell their stories to a captive audience.

Notable Companies Attending:

• Retail and Consumer Brands: Walmart Inc., American Eagle Outfitters, Abercrombie & Fitch
• Hospitality and Food & Beverage: Yum! Brands, Inc., Darden Restaurants, Inc. Shake Shack Inc.
• Technology and Digital Commerce: Stitch Fix, Inc. Olo Inc.
• Consumer Goods: Birkenstock Holding PLC, SharkNinja, Inc.

Investors and Attendees
Investors interested in scheduling a meeting with Worksport's management during the conference should contact investors@worksport.com or their ICR representative.

Worksport Q3 Earnings Call

Q3 revenue surged to $3.12 million—a 581% year-over-year increase compared to $458,433 in Q3 2023. Worksport held its Q3 2024 earnings call on Wednesday, November 13, 2024. The prepared remarks and presented earnings call deck are available at Worksport's Investor Relations website.

Key 2024 Press-Releases:

• November 22: Worksport Announces 30% Increase in Production Capacity
• November 21: CEO Insider Purchase; Worksport Investigates Short Selling
• October 29: 200% Growth in B2B Sales; Pre-Order Campaign Initiated For AL4
• October 17: Nasdaq Grants Extension To Regain Compliance
• October 17: $2MM+ Projected Savings From New Strategic Initiative
• September 30: Update On ISO Certification
• September 19: Alpha Launch of SOLIS & COR
• September 11: Worksport COR as an EV Range Extender for Tesla Model 3
• August 14: Record High Revenues; 275% Q2 Growth
• May 8: Worksport Awarded $2.8MM Grant

Read all Worksport press releases: [Link to All Press Releases].

About Worksport

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property 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 has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the EV sector. Worksport 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. Terravis Energy's website is terravisenergy.com. For more information, please visit investors.worksport.com.

Connect with Worksport

Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the "Accounts"), the links of which are links to external third party websites, as well as sign up for the Company's newsletters at investors.worksport.com. The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company.

Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, SEC filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media.

The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

For additional information, please contact:
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com W: E: investors@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," "project," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These 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: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) 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 SEC, including, without limitation, our Annual Report on Form 10-K and our 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. 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.