Dear Shareholders,

We are building a customer-obsessed, AI-driven home services company that
delivers maximum service at a minimal cost. We started with power because
technology for homes and businesses is changing quickly and global demand for
electricity is surging, accelerated by AI adoption. From day one our standard
has been simple: respond quickly, fix it right, and keep the lights on-Your
Power, Backed by Ours.

In liberalized and regulated markets across the U.S. and Europe, millions of
customers have invested in solar, batteries, or generators, yet when equipment
fails they still face slow repairs, finger-pointing, and no single number to
call. The need is large and rising