WKSP · Worksport Ltd.

Worksport Ltd. announced a strategic distribution partnership with Tri-State Enterprises, Inc., a regional automotive aftermarket distributor with a strong presence in the South and Central U.S. This partnership is a key component of Worksport's 2026 U.S. distribution expansion strategy, aimed at increasing sell-through velocity and building recurring revenue from high-volume accounts. The initial purchase orders, which include a broad range of SKUs, signal immediate demand and strong momentum following onboarding. The Nexus tonneau cover, recently launched, was a contributing factor to landing the account and was highlighted at Tri-State's Big Money Show on April 25, 2026. Management expects this relationship to convert product innovation into repeatable revenue and stronger brand recognition, with the account projected to generate seven-figure revenue in the near term and potentially evolve into a multi-million-dollar contributor. The partnership leverages Tri-State's extensive warehouse capacity, same-day delivery capabilities, and established customer relationships, positioning Worksport to access just-in-time demand across key markets. This development is material as it directly supports Worksport's revenue objectives and commercial traction for its recently launched products.