Mr. Dave Gagnon reports

CHARBONE HYDROGEN SUCCESSFULLY COMPLETES THE DISMANTLING OF HYDROGEN EQUIPMENT IN QUEBEC AND ANNOUNCES THE ARRIVAL OF THE MAIN COMPONENTS IN SOREL-TRACY

Charbone Hydrogen Corp. has completed the dismantling of the hydrogen production assets acquired in Quebec City, and the main components of this equipment have arrived in Sorel-Tracy.

This milestone marks a major step forward in the schedule for commissioning Charbone's first clean ultrahigh-purity hydrogen production unit, which is still scheduled to start up in November, 2025.

"We are proud to have completed this crucial logistical milestone on time," said Dave B. Gagnon, chief executive officer of Charbone. "The transfer of this strategic equipment to our Sorel-Tracy site brings us closer to the first production of clean UHP hydrogen in Quebec while optimizing our investments through the reuse of proven assets."

The dismantling and transport operations were carried out by Charbone's technical teams and their specialized partners, ensuring the complete preservation of the integrity of the modules and systems. The company plans to begin reintegration and connection work at the Sorel-Tracy site in the coming weeks.

This transaction stems from the strategic transaction announced on Sept. 5, 2025, through which Charbone secured hydrogen production and refuelling assets. In addition to accelerating time to market, this acquisition allows Charbone to significantly reduce its capital costs and benefit from already operational and proven equipment.

"We would like to thank our partners, suppliers and internal teams for the quality of their work and their commitment," added Dave B. Gagnon, chief executive officer of Charbone. "Charbone's vision of building a modular clean UHP hydrogen production network in North America is becoming more tangible and concrete every day."

About Charbone Hydrogen Corp.

Charbone is an integrated company specializing in clean ultrahigh-purity hydrogen and the strategic distribution of industrial gases in North America and Asia Pacific. Through a modular approach, the company is building a distributed network of green hydrogen production plants while diversifying revenues through helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility and positions Charbone as a leader in the transition to a low-carbon future. Charbone is listed on the TSX Venture Exchange, the OTC Markets and the Frankfurt Stock Exchange.

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