 MONTREAL, Aug. 20, 2021 PRNewswire - The Lion Electric Company NYSE: LEV TSX: LEV Lion announced today that Marc Bedard, CEO Founder, has exercised share options granted in 2017, resulting in the acquisition of 900,000 common shares of Lion, and sold these shares on the Toronto Stock Exchange and New York Stock Exchange through the facilities of an investment dealer. Mr. Bedard plans to use the net proceeds from the sale of the common shares primarily for the repayment of personal indebtedness incurred in connection with prior investments in Lions shares. 