Mr. Dave Gagnon reports

CHARBONE DELIVERS ITS FIRST LOAD OF CLEAN UHP HYDROGEN IN ONTARIO

Charbone Corp. has successfully delivered the first load of clean UHP hydrogen to an independent distributor based in Ontario, marking the official start of revenue generation for its production division.

First delivery of clean UHP hydrogen to an independent distributor customer in Ontario

As part of its commercial launch, Charbone announces its very first delivery of clean UHP hydrogen produced in Sorel-Tracy, for its independent distribution partner located in Ontario. This initial shipment confirms the company's ability to efficiently supply markets outside Quebec from the outset.

This contract marks the beginning of a new phase of commercial growth for Charbone, which plans to gradually expand its distribution network and strengthen its presence in the main industrial corridors of Eastern Canada and the American Midwest. Given limited access to consistent and reliable clean UHP hydrogen supply in the North American market and strong demand for the company's product, Charbone does not disclose purchase order volumes or pricing in order to preserve its competitive position. Revenues from Charbone's production, distribution and advisory businesses are reported quarterly on a consolidated basis.

"We are extremely proud to begin delivering locally produced clean UHP hydrogen to our first customer today," said Dave Gagnon, Charbone's chief executive officer and chairman of the board. "This is another major milestone for Charbone, and also for the clean UHP hydrogen industry in North America."

For more information on Charbone's vision, modular plant configuration and economic outlook, please visit the company's website for updated investor materials including presentation and fact sheet. Also, if you have not done so already, please watch the company's investor webinar recorded on Dec. 16, 2025.

About Charbone Corp.

Charbone is a developer and producer of clean ultrahigh-purity (UHP) hydrogen with a growing industrial gas distribution platform. Through a modular approach, Charbone is focused on developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec. The company's integrated model reduces risk, enhances scalability and enables diversified revenue streams through partnerships in helium and other specialty gases. Charbone is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions while supporting underserved industrial gas customers and accelerating the shift to localized clean energy. Charbone is listed on the TSX Venture Exchange, the OTC Markets (OTCQB: CHHYF) and the Frankfurt Stock Exchange (FSE: K47).

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