Mr. Raveel Afzaal reports

NEXT HYDROGEN ANNOUNCES STRATEGIC CFO HIRE

Rohan Advani will be joining Next Hydrogen Solutions Inc. as chief financial officer, effective Dec. 12, 2022. Rohan will be replacing Kasia Malz who is leaving the Company to pursue other interests. To ensure continuity, Ms. Malz will remain with the Company until January 2, 2023, and will continue in an advisory role thereafter to ensure a seamless transition.

Mr. Advani comes to Next Hydrogen with significant financial and leadership experience in the manufacturing industry, previously serving at Magna International and Ecolab along with Canadian Tire and KPMG. Rohan was most recently the Finance Department Leader at Magna International, where he led the financial operations for a $500M division. Mr. Advani is a CPA and has a Bachelor of Business Administration from the University of Toronto.

"I am extremely thrilled to have Mr. Advani join the team and focus on our next phase of growth. Rohan's breadth of financial experience in the manufacturing industry will be an invaluable addition to the team as we look to establish ourselves as a leading water electrolyzer equipment manufacturer," said Raveel Afzaal, CEO and President of Next Hydrogen. "We are very grateful to Ms. Malz for her many contributions in building a strong foundation for the company and wish her well in her future endeavors."

Ms. Malz said, "It has been a pleasure to serve and build Next Hydrogen. I was fortunate to have worked with such a phenomenal and driven team. I look forward to the Company's continued success."

About Next Hydrogen

Founded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Next Hydrogen's unique cell design architecture supported by 39 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors.

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