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$SIRC Reports Record $110 Million inYearto-Date Sales

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SolarIntegratedRoofing Corp. Provides Corporate Update, Reports Record $110 Million inYearto-Date Sales
Significant Increasein Sales Driven by Acquisitions and Robust Organic Growth
HENDERSON, NV / ACCESSWIRE/ May 25, 2022 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar
power, roofing systems installation and EV charging company, today provided a corporate update with recent highlights from its key divisions,
while concurrently announcing record year-to-date sales of $110.0 million (preliminary, unaudited) as of May 20, 2022.
"The remarkable sales growth we have seen in 2022 as driven by effective marketing campaigns and strong operationalexecution across our
integrated family of companies," David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. "Given our rapid pace of expansion, we
continue to believe our annualized sales run rate could potentially exceed $400 million by the end of 2022. Our focus to prioritize solar and EV
charging segment growth will further serve to supercharge our long-term potential - I look forward to continued operationalexecution in the
months ahead as we strive to create sustainable, long-term value for our shareholders and strive towards listing on a nationalexchange."
Recent Division Highlights
Roofing Division
Solar Integrated Roofing Corp.'s Roofing division experienced strong performance in the first half of 2022, with over 700 contracts signed year to
date. During a recent storm in Arkansas, the Roofing sales teams sold 120 roofs, demonstrating an effective sales, targeted strategy targeting
potentialcustomers during times of need. The Roofing division had preliminary unaudited year-to-date sales of $9.3 million as of May 20, 2022.
Residential Solar Division
The Residential Solar Division's dealer network now contains over 250 independent sales teams doing business in over 40 states across the
country. The division is currently projecting annual totals of 5,000 solar installs totaling over 30 megawatts for 2022. Residential Solar's
preliminary unaudited year-to-date sales were $44.4 million as of May 20, 2022.
Commercial Solar Division
The Company's Commercial Solar division sustained its momentum in 2022, receiving another $13 million in commercial projects in need of
development after a recent attendance at SolarCon, a leading industry conference. The division is currently working to provide an alternative
energy solution to granite yards throughout Southern California, and has also entered into a co-development agreement with Lux Power to provide
solar PPAs to over 15 Georgia schools. Preliminary unaudited year-to-date sales for the Commercial Solar Division were $39.3 million as of May
20, 2022.
Commercial Finance
The Commercial Finance division has over $190 million in projects from developers of alternative energy projects in need of financing solutions.
The division is also working with multiple banks to secure financing options for Solar Integrated Roofing Corp. to maintain ownership of
commercial projects. Recently, Commercial Finance developed a financing solution to assist churches across the country in desperate need of
relief from high electric bills with a no money out of pocket option to go solar. Commercial Finance had preliminary unaudited year-to-date sales of
$2.7 million as of May 20, 2022.