Azure Dynamics Announces Board of Directors Update

Burnaby, British Columbia – April 26, 2012 – Azure Dynamics Corporation, a world leader in the
development and production of hybrid electric and electric components and powertrain systems for
light and medium duty commercial vehicles, today announces that D. Campbell Deacon, Nicolas O.
Brigstocke and Scott T. Harrison resigned from the Board of Directors effective April 20th 2012.