Mr. Brad Kitchen reports

ELEMENT ONE ANNOUNCES FILING OF AMENDED AND RESTATED LIFE OFFERING DOCUMENT

Element One Hydrogen and Critical Minerals Corp. has filed an amended and restated offering document dated March 26, 2026, in connection with the offering of up to 6.65 million units of the company at the price of 15 cents per LIFE (listed issuer financing exemption) unit for gross proceeds of up to $997,500, pursuant to and in accordance with the listed issuer financing exemption under Part 5A.2 of National Instrument 45-106, Prospectus Exemptions, as amended and supplemented by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, previously announced on Feb. 9, 2026.

Centurion One Capital Corp. will act as lead agent and sole bookrunner in connection with the LIFE offering.

Each LIFE unit consists of one common share in the capital of the company and one-half of a common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company at the exercise price of 20 cents per warrant share for a period of 36 months from the date that is 61 days following the closing date of the LIFE offering.

In connection with the LIFE offering, finders' fees may be payable to eligible parties in accordance with the policies of the Canadian Securities Exchange and applicable securities laws.

The LIFE offering is being conducted pursuant to the listed issuer financing exemption in British Columbia, Alberta and Ontario. Subject to compliance with applicable regulatory requirements and in accordance with the listed issuer financing exemption, the securities issued under the listed issuer financing exemption will not be subject to a statutory hold period pursuant to applicable Canadian securities laws.

The company intends to use the net proceeds of the LIFE offering for exploration activities and general working capital.

The amended and restated offering document related to the LIFE offering is accessible under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the amended and restated offering document before making an investment decision.

About Element One Hydrogen & Critical Minerals Corp.

Element One Hydrogen & Critical Minerals is a Canadian company focused on the exploration, development and commercialization of geologic hydrogen and critical mineral resources as well as breakthrough hydrogen-generation technologies. The company's projects include the Foggy Mountain critical minerals project as well as projects in Alaska and British Columbia that are prospective for hydrogen production through stimulation in the subsurface as well as critical and battery metals.

We seek Safe Harbor.