Mr. Ian Clifford reports

FUELPOSITIVE PROVIDES UPDATE ON CORPORATE STRATEGY AND ON-FARM PROGRESS

Fuelpositive Corp. has shared the following operational and corporate strategy update with its shareholders.

Demonstration site update

On-site progress is steadily advancing. Wescan, Fuelpositive's electrical and mechanical integration partner, was on site last week to continue to refine its system review and ensure full compliance with Manitoba electrical standards. Its next set of recommendations is expected next week, marking an important milestone in meeting provincial regulatory requirements.

Once Wescan adjustments have been implemented, the company will prepare its system for the next phase: Intertek's three-day inspection and final certification process. These are the final steps before Manitoba's electrical compliance approval and system activation.

"We remain focused on completing these final phases efficiently and will continue to keep shareholders informed as we reach each milestone," said Andre Mech, BEng, MBA, adviser, carbon credits and emission reduction, and independent director.

Board strategic update and annual general meeting 2025

Fuelpositive is planning to propose two key initiatives at the coming annual general meeting to enhance the company's long-term prospects and preserve the interests and value of long-term shareholders.

"These measures reflect a thorough analysis of recent challenges and a pro-active strategy to support Fuelpositive's growth as it moves toward commercial sales," said Luna Charlebois-Clifford, co-founder, director and chief impact officer.

Prospective move to Cboe Canada (formerly NEO Exchange)

To support Fuelpositive's long-term growth and enhance market conditions for its shareholders, the company is actively evaluating a potential transition from the TSX Venture Exchange to Cboe Canada. It anticipates a proposal to transfer the listing being presented for shareholder approval at the coming AGM.

Management believes that listing on Cboe Canada better suits a rapidly growing company that is introducing groundbreaking agricultural technology to the market. By pursuing this listing, the company aims to streamline its regulatory path and reinforce investor confidence, ensuring it can act decisively on strategic opportunities.

"Our recent market experiences have highlighted the importance of adapting our processes to maintain efficiency and responsiveness," added Ms. Charlebois-Clifford.

After reviewing several options, management believes Cboe Canada provides a stronger platform for companies entering commercialization. It offers improved investor visibility, better protections against market manipulation and closer alignment with investors focused on agriculture, cleantech, and environmental, social and governance technologies.

A final decision to transition the listing to Cboe Canada has not yet been made and will first be subject to a formal application process, shareholder approval at the AGM and the satisfaction of all applicable listing requirements, including working capital requirements. There can be no assurance that a listing on Cboe Canada will be completed, and the company may elect not to proceed with a listing despite receiving shareholder approval.

Share consolidation

The company also intends to propose a share consolidation at its coming AGM as part of its broader strategy to increase shareholder value and strengthen its market position. The goal is to elevate the company's share price to levels that attract institutional investors, reduce susceptibility to algorithmic and manipulative trading, and enhance the company's ability to pursue more strategic and flexible financing options.

It is also anticipated that an increase in the share price will boost Fuelpositive's visibility and attract a wider range of long-term investors, including those with minimum share price criteria. The proposed consolidation will need shareholder approval and regulatory review, with additional details to be provided in the AGM materials. A final consolidation ratio has not yet been determined, and the completion of the process depends on approval from the TSX Venture Exchange and meeting minimum public distribution requirements.

"These decisions are part of a broader strategy to maintain momentum, ensure transparency and create the right conditions for Fuelpositive to deliver on its long-term objectives," said Ms. Charlebois-Clifford. "Our focus is to keep building value for shareholders while ensuring the company has the funds, the structure and the flexibility it needs to move efficiently into its commercial phase."

More details regarding the AGM will be provided once a date for the meeting has been determined.

About Fuelpositive Corp.

Fuelpositive is located in Ontario and Manitoba (Canada), and trades on the TSX Venture Exchange under the symbol NHHH, as well as on the OTCQB in the United States under the symbol NHHHF.

We seek Safe Harbor.