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Northland Power Inc.: Northland Power Reports First Quarter 2021 Results and Releases Fourth Annual Sustainability Report TORONTO, May 12, 2021 (GLOBE NEWSWIRE) Northland Power Inc. ( Northland or the Company ) (TSX: NPI) today reported financial results for three months ended March 31, 2021. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. We are off to a good start in 2021 with healthy first quarter financial results and strong progress on our growth plan, said Mike Crawley, Northland s President and Chief Executive Officer. Our near-term strategy has been to further diversify our portfolio and bolster our cash flow profile, to support the advancement of our 4 - 5 GW of identified development projects. We are very pleased to have made significant progress on this front, with our recent announcement of the acquisition of a 540 MW onshore renewables portfolio in Spain. This new portfolio helps diversify our asset base while

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