XBC Xebec Adsorption Inc

Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce today that Mr. Peter Bowie will be providing strategic, corporate finance and audit advice to its Board of Directors and management. He will also be nominated to the company’s board of directors at this years’ annual general meeting in June.

Mr. Bowie is currently a board member and a member of the Audit Committee of Magna International Inc. He brings financial expertise, a dedication to governance and audit excellence, a strong understanding of strategy and risk, as well as detailed insight of political and economic dynamics within China.

He previously served as the Chief Executive of Deloitte China from 2003 to 2008, as well as senior partner and a member of the Board and the management committee of Deloitte China until his retirement from the firm in 2010. Before that Mr. Bowie was the Chairman of Deloitte Canada (1998‑2000), and a member of the firm’s management committee and a member of the board and governance committees of Deloitte International.

He is a past member of the board of the Asian Corporate Governance Association and has served on a variety of boards in the private and non‑governmental organization sectors.

Mr. Bowie has a B.Comm (St. Mary’s University), as well as an MBA (University of Ottawa) and has received an honorary doctorate (University of Ottawa). In addition, Mr. Bowie completed the Advanced Management Program (Harvard University) and is a Fellow of the Institute of Chartered Accountants of Ontario, as well as the Australian Institute of Corporate Directors.

Quotes:“I’m excited to be joining Xebec’s board of directors as an advisor. It’s a pivotal time for the company and I look forward to lending my expertise to help the company prepare for its next phase of growth. After spending my career in larger organizations, I was impressed with what the team has accomplished to date. It’s an excellent time to get involved and share my experience with Xebec’s forward-thinking management team and dynamic board.”– Peter Bowie

“It is with great pleasure that I’d like to welcome Peter Bowie to the Xebec team. As we advance our mission to decarbonize the future with renewable gases, Mr. Bowie’s successful track record in audit and corporate governance will be invaluable to our Board of Directors and management team. His experience with larger organizations such as Deloitte and Magna International will help us build a strong foundation for our growing Cleantech company. We look forward to working with Peter in the future.”– Kurt Sorschak, President and CEO, Xebec Adsorption Inc.

Related links:https://www.xebecinc.com https://www.magna.com/company/company-information/leadership-and-governance/board-of-directors/peter-g.-bowie

For more information:Xebec Adsorption Inc. Brandon Chow, Investor Relations Manager bchow@xebecinc.com +1 450.979.8700 ext 5762

About Xebec Adsorption Inc.Xebec is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Well-positioned in the energy transition space with proprietary technologies that transform raw gases into clean sources of renewable energy, Xebec’s 1500+ customers range from small to multi-national corporations, governments and municipalities looking to reduce their carbon footprints. Headquartered in Montréal, Quebec, Canada, Xebec has several Sales and Support offices in North America and Europe, as well as two manufacturing facilities in Montréal and Shanghai. Xebec trades on the TSX Venture Exchange under the symbol XBC. For more information, www.xebecinc.com.

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