Mr. Dave Gagnon reports

CHARBONE CONFIRMS CONSTRUCTION SCHEDULE ON TRACK AT SOREL-TRACY AND ANNOUNCES THE IMMINENT START OF EQUIPMENT INSTALLATION PHASE

Charbone Hydrogen Corp. has confirmed that the construction schedule at its Sorel-Tracy site remains fully on track, with the equipment installation phase set to begin in the coming days.

The civil construction works, which began on Oct. 27, 2025, are completed, including foundation preparation and all required technical infrastructure for the reassembly of the main production systems. All major components delivered in October will be installed on site before the end of the month, keeping the project on pace for the planned commissioning in November, 2025, of phase 1a.

"The fact that our schedule remains perfectly on track reflects the efficiency and dedication of our teams, along with the exceptional collaboration of our technical and municipal partners," said Dave B. Gagnon, chief executive officer of Charbone. "We are now entering the most tangible phase of the project -- the installation of the equipment -- marking the transition toward testing and commissioning of our first clean UHP hydrogen production module in Quebec."

The Sorel-Tracy site represents Charbone's first local and modular clean hydrogen production facility in Quebec, aligning with the company's broader vision to develop a decentralized North American network for the production and distribution of clean and strategic industrial gases. For more information on the company's five-phased approach and economics for Charbone's modular facility, please see the latest investor presentation on the company's website.

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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