An anonymous director reports

HPQ INCENTIVE STOCK OPTION DISTRIBUTION

On Dec. 28, 2023, HPQ Silicon Inc.'s board of directors has granted the following incentive stock options under the company's 2021 stock option plan to directors, officers, employees and consultants of the company entitling the optionholders to acquire an aggregate of 9.8 million common shares of the company. These options are exercisable at a price of 21.5 cents per share and will expire on Dec. 28, 2028. Each share issued pursuant to those grants will have a mandatory four-month-and-one-day holding period from the date of the grant of the options.

About HPQ Silicon Inc.

HPQ Silicon is a Quebec-based TSX Venture Exchange Tier 1 industrial issuer. HPQ is developing, with the support of world-class technology partners PyroGenesis Canada Inc. and Novacium SAS, new green processes crucial to make the critical materials needed to reach net-zero emissions. HPQ's activities are centred around the following four pillars:

• Becoming a green low-cost (capital expenditures and operating expenditures) manufacturer of fumed silica using the fumed silica reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis;
• Becoming a zero-carbon-dioxide, low-cost (capex and opex) producer of high-purity silicon (2N+ to 4N) using its Purevap quartz reduction reactor (QRR), a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis;
• Becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium;
• HPQ Silicon affiliate Novacium is developing a low-carbon, chemical-base on-demand and high-pressure autonomous hydrogen production system.

We seek Safe Harbor.