ATLANTA, GA – – (Globe Newswire – February 4, 2026) – – A shareholder class action lawsuit has been filed against Plug Power Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Plug Power’s business, operations, and compliance policies, including allegations that: (i) Defendants had materially overstated the likelihood that funds attributed to the Department of Energy Loan would ultimately become available to Plug Power, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds; and (ii) as such, Plug Power was likely to pivot toward more modest projects with less commercial upside.

If you purchased Plug Power shares between January 17, 2025 and November 13, 2025, and experienced a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/plug-power/ for more information.

The deadline to ask the court to be appointed lead plaintiff in the case is April 3, 2026.