Mr. Eric Denhoff reports

H2 VENTURES 1 INC. ANNOUNCES CHANGES TO MANAGEMENT

David Schaffner has resigned as chief financial officer and Roy Belak has resigned as chief operating officer of H2 Ventures 1 Inc., each effective Oct. 30, 2026.

Eric Denhoff, the company's president, chief executive officer, corporate secretary and a director, has been appointed chief financial officer of the company, effective immediately.

The company thanks Mr. Schaffner and Mr. Belak for their contributions and wishes them continued success in their future endeavours.

About H2 Ventures 1 Inc.

H2 is a capital pool company within the meaning of Policy 2.4. H2 has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the Policy 2.4, until the completion of its qualifying transaction, the company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.