Mr. Dave Gagnon reports

CHARBONE REACHES MAJOR MILESTONE WITH DELIVERY OF ITS ELECTROLYZER TO THE SOREL-TRACY SITE

Charbone Corp. has taken delivery of its electrolyzer to its flagship site in Sorel-Tracy, Que.

The arrival of this essential equipment represents one of the most significant milestones achieved to date as part of phase 1B of the project. It confirms tangible progress in Charbone's development plan to increase its clean UHP (ultrahigh-purity) hydrogen production capacity and meet growing demand from its industrial customers.

A decisive step toward increased production capacity

Designed to produce hydrogen through water electrolysis, the electrolyzer is the technological core of the next phase of production at the Sorel-Tracy site. Its delivery now enables Charbone's teams, construction contractors and technical partners to begin the next steps involving its positioning, installation and integration into the Sorel-Tracy site infrastructure.

Civil engineering work and foundation preparation have been planned to accommodate the main production equipment. Activities will proceed in accordance with the company's execution schedule, including component assembly, mechanical and electrical connections, testing, and commissioning.

This development is part of Charbone's modular and phased strategy, which enables the company to add production capacity in line with demand while maintaining a disciplined approach to its development.

"It is with immense pride that we announce the arrival of our electrolyzer in Sorel-Tracy today. This is far more than the delivery of a piece of equipment; it represents the achievement of a pivotal step in realizing our vision and one of the most important milestones in the company's history. The risks associated with delivery are now behind us," said Dave Gagnon, president and chief executive officer of Charbone. " This achievement also reflects the exceptional commitment of our employees, partners, suppliers and all stakeholders contributing to the development of our flagship site. We are now entering a new phase of execution that will strengthen our ability to serve our key customers and create sustainable value for our shareholders. Our previously communicated timeline of a fall launch remains on track, and we look forward to providing further updates as we advance through the next stages of commissioning and ramp-up."

About Charbone Corp.

Charbone is a vertically integrated industrial gases company focused on developing and operating a network of supply hubs for the production, storage and distribution of ultrahigh-purity (UHP) strategic industrial gases. The company serves customers across sectors including semiconductors, artificial intelligence and data centres, advanced pharmaceuticals, and aerospace and defence technologies, where UHP gases are critical for high-precision manufacturing processes and operational performance. Charbone is advancing a network of clean UHP hydrogen production facilities across North America and selected international markets. The company's modular, decentralized and demand-driven approach, combined with its integrated storage and distribution platform for all UHP gases, supports scalable growth, enhances operational flexibility, and enables more stable and diversified revenue generation. This model allows Charbone to efficiently serve mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, oxygen and any others that are in high-demand gases that are often difficult to source. The company is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gases while addressing supply gaps for underserved industrial customers and accelerating the shift toward localized clean energy.

Charbone is listed on the TSX Venture Exchange (symbol: CH), the OTCQB (symbol: CHHYF) and the Frankfurt Stock Exchange (symbol: K47).

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