Mr. Benoit Veilleux reports

CHARBONE SIGNS FIVE-YEAR CLEAN UHP HYDROGEN SUPPLY AGREEMENT IN ONTARIO, MARKING A MAJOR MILESTONE IN ITS COMMERCIAL EXPANSION

Charbone Hydrogen Corp. has hit a significant commercial milestone: the signing of a five-year hydrogen supply agreement with an Ontario-based independent distributor for regular deliveries of clean UHP hydrogen.

Key highlights:

• Long-term contract -- five-year term with an Ontario distributor, providing a stable and recurring demand of Charbone's clean UHP hydrogen;
• First deliveries in November -- initial deliveries slated for November, 2025, utilizing a newly commissioned Type 1 hydrogen tube trailer fully certified by Transport Canada and the Technical Standards and Safety Authority (TSSA) for operation in Ontario;
• Operational readiness -- Charbone's transportation subsidiary achieved full regulatory and safety compliance within just eight months, meeting Canada's strict hydrogen handling standards and ensuring a safety first approach to distribution;
• Strategic expansion -- this contract marks Charbone's entry into the Ontario market, a rapidly growing region for clean UHP hydrogen. It reinforces the company's presence in Eastern Canada and positions Charbone for further growth in the clean energy sector.

"This five-year contract demonstrates that Charbone can build a trusted, compliant and secure hydrogen supply network, positioning us for further expansion," said Dave B. Gagnon, chief executive officer of Charbone. "Ontario is a strategic market for us, and this achievement underscores our long-term commitment to serve industrial and specialty gas distributors with the highest levels of quality and reliability."

Over the past eight months, Charbone's wholly owned transportation subsidiary, Charbone Systems Inc., completed all necessary engineering, regulatory and safety processes to operate under Canada's strict standards for clean UHP hydrogen handling. This achievement not only underscores the company's safety-first commitment and operational excellence in its logistics chain but also paves the way for reliable commercial deliveries under the new agreement.

About Charbone Hydrogen Corp.

Charbone is an integrated company specializing in clean ultrahigh-purity (UHP) 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 via 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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