Mr. Balraj Mann reports

FIRST HYDROGEN PROVIDES UPDATE ON BINDING LETTER OF INTENT WITH ROBOTICS COMPANY COVERING ITS ACTUATION GEARBOX AND HIGH-PERFORMANCE MOTOR LINES

First Hydrogen Corp. is continuing to advance the robotics transaction announced on Feb. 23, 2026. The parties are currently working toward completion of the definitive agreement. The company believes this transaction positions First Hydrogen at the intersection of robotics, clean energy, hydrogen, autonomous systems and advanced mobility.

Strategic IP (intellectual property) with the robotics transaction

The robotics sector is experiencing significant growth as automation, labour shortages, AI-enabled (artificial intelligence) systems and autonomous mobility drive demand for advanced robotic platforms and components. Actuation, gearbox and motor technologies are critical enabling components in robotic systems, supporting controlled movement, load handling, precision, durability and efficiency across a range of commercial and industrial applications.

The robotics technology company owns or licenses 26 issued and 10 pending patents and related intellectual property, including robotics technology, covering its actuation gearbox and high-performance motor lines. These technologies have been tested and successfully used in applications including robotics, automotive and packaging companies around the world. The actuators combine human-like dexterity with machine precision, converting electrical energy into controlled motion that enables robotic systems to perform complex, repetitive and hazardous tasks traditionally dependent on manual labour. Robotic actuators are foundational components supporting a broad range of applications, including industrial robotics, electric mobility systems and emerging autonomous platforms such as unmanned drones.

The transaction is strategically important as it adds a significant robotics, actuation and motion-control technology platform to the company's growing clean energy and advanced mobility ecosystem. The actuation, gearbox and motor technologies are designed to control motion, enabling robotic systems to perform complex, repetitive, high-load or hazardous tasks.

As part of its broader robotics and artificial intelligence strategy, First Hydrogen has incorporated First Humanoid Corp., a wholly owned subsidiary intended to hold, develop and commercialize intellectual property related to robotics, humanoid robotics, autonomous systems and AI-enabled technologies. The company has also secured the domain names Firsthumanoid.com and Firsthumanoid.ai to support future branding, technology development and commercialization initiatives.

Morgan Stanley Research estimates the humanoids market is likely to reach $5-trillion (U.S.) by 2050, plus related supply chains as well as repair, maintenance and support. There could be more than one billion humanoids in use by 2050.

Transaction

First Hydrogen will acquire a 60-per-cent interest in the robotics company by issuing two million common shares of the company, in stages, and financing $2-million (U.S.) in stages, subject to mutually agreed budgets, for the advancement of the robotics company's technology. The definitive agreement will be subject to acceptance by the TSX Venture Exchange.

About First Hydrogen Corp.

First Hydrogen is a company (based in Vancouver, Montreal, Germany and London, United Kingdom) focused on zero-emission vehicles, green hydrogen production and distribution. The company has designed and built two hydrogen-fuel-cell-powered light commercial vehicles (FCEVs). The FCEVs are road legal in the United Kingdom (excluding Northern Ireland) with 6,000 kilometres of testing completed and have achieved a range of greater than 630 kilometres on a single refuelling. The vehicles have successfully been trialled in real-world conditions with fleet operators in the United Kingdom.

About First Nuclear Corp.

First Nuclear is committed to developing and commercializing advanced clean energy solutions, including green hydrogen produced by state-of-the-art small modular reactors. The company aims to provide scalable, sustainable and economically viable alternatives to meet global climate goals and enhance energy security.

We seek Safe Harbor.