Mr. Benoit Veilleux reports

Charbone CONFIRMS THE DELIVERY OF NEW UHP HYDROGEN ORDERS IN NEW YORK STATE, ONE OF THE MAIN AMERICAN TECHNOLOGY HUBS

New orders for Charbone Corp.'s ultrahigh-purity hydrogen from an existing customer located in New York State have been fully delivered, further strengthening the company's commercial presence in one of the leading technology and industrial hubs in the United States.

These deliveries follow the press release published on Jan. 14, 2026, in which Charbone announced its first order for UHP clean hydrogen from this American customer. The continued orders and their operational execution confirm the establishment of a long-term business relationship with a key player in a leading technology ecosystem in the United States.

A strategic market at the heart of the American Tech Valley

New York State, particularly the region often referred to as Tech Valley, is one of the most dynamic technology and industrial clusters in North America, especially in the sectors:

• Microelectronics;
• Semiconductors;
• Advanced materials;
• Defence technologies;
• Advanced industrial manufacturing.

In these industries, the availability of a reliable supply of ultrahigh-purity industrial gases is critical for operations and process quality. The delivery of these new UHP hydrogen orders confirms Charbone's ability to effectively serve these high-technology markets while strengthening its commercial footprint in the northeastern United States.

Toward a North American platform for UHP industrial gases

While continuing to develop its clean UHP hydrogen production, Charbone is progressively rolling out an expanded range of specialty and ultrahigh-purity industrial gases, including: UHP oxygen, helium and certain strategic gases for advanced technology and industrial markets.

This approach is part of the company's strategy to develop an integrated UHP industrial gas distribution platform in North America, capable of meeting the growing needs of high-tech industries.

In this context, Charbone is also working on the gradual implementation of a regional storage and distribution hub infrastructure, designed to support reliable supply and commercial growth in strategic markets.

Management statement

"The delivery of these new UHP hydrogen orders in New York State confirms not only the strength of our business relationship with this American customer, but also the relevance of our positioning in some of the most demanding technology ecosystems in North America," said Dave Gagnon, Charbone's chief executive officer and chairman of the board. "Our vision is clear: to progressively build a North American platform for strategic and ultrahigh-purity industrial gases, with clean hydrogen as its core molecule. Advanced technology markets demand extremely high supply standards, and Charbone intends to play an increasing role in this ecosystem in the coming years."

About Charbone Corp.

Charbone is a developer and producer of clean ultrahigh-purity 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 and the Frankfurt Stock Exchange.

We seek Safe Harbor.