Tropical Battery : TROPICAL) Press Release

• July 25, 2023
• 9:10 am

Tropical Battery Company Limited Expands Operations to North America with Incorporation of Tropical Battery USA, LLC

KINGSTON, JAMAICA - July 24, 2023 - Tropical Battery Company Limited (TROPICAL), a leading energy storage solutions provider listed on the Jamaica Stock Exchange, is excited to announce the incorporation of its newly formed subsidiary, Tropical Battery USA, LLC, in the United States of America. This strategic move signifies TROPICAL's ambitious expansion plans into North American markets.

Tropical Battery USA, LLC will serve as the key platform for the company's foray into online marketplaces, starting with Amazon. Leveraging Amazon's extensive reach, TROPICAL aims to introduce its top-quality products to millions of consumers across the United States, Canada, and Mexico.

Mr. Alexander Melville, Managing Director of Tropical Battery Company Limited, commented on this expansion: "This is a monumental step for TROPICAL as we venture into North America. With the establishment of Tropical Battery USA, LLC, we are positioning ourselves to harness the vast potential of online marketplaces like Amazon. Our primary objective remains the same: to provide consumers with high-quality products they can trust. As we take this journey, we are enthusiastic about the growth opportunities and the value we can bring to new markets."

This move reflects TROPICAL's vision to continually adapt, innovate, and expand in response to global market trends and demands. Our recent expansion into the Dominican Republic through the acquisition of Kaya Energy Group is an example of such an expansion. The company anticipates a boost in sales and brand awareness in these key regions as it taps into Amazon's infrastructure.

TROPICAL reaffirms its commitment to its core values of quality, reliability, and customer satisfaction. As the company grows its footprint in North America, customers can expect the same level of excellence synonymous with the TROPICAL brand.

For further information, please contact:

Mr. Daniel Melville

Deputy Managing Director

Tropical Battery Company Limited

Email: [e-mail]

Phone: [phone]

About Tropical Battery Company Limited:

Founded in 1950, Tropical Battery Company Limited has been a leader in the energy storage industry. The company primarily supplies batteries, lubricants, automotive care products, and tyres to the automotive, marine, and industrial markets. Tropical Battery was listed on the Junior Market of the Jamaica Stock Exchange in 2020, and has since launched new divisions focused on energy efficiency, renewable energy, and electric mobility. The company offers a wide range of battery products and solutions to the Jamaican market. With a focus on quality, innovation, and customer service, TROPICAL has earned a reputation as one of the most trusted names in the battery industry.