Mr. Ian Clifford reports
FUELPOSITIVE CORPORATION PROVIDES BI-WEEKLY MCTO STATUS UPDATE
Fuelpositive Corp. is providing this biweekly update on the status of the management cease trade order (MCTO), issued by the Ontario Securities Commission, the principal regulator, pursuant to National Policy 12-203, Management Cease Trade Orders.
As previously announced on Jan. 27, 2026, the company anticipated a delay in filing its audited annual financial statements, management's discussion and analysis, and related certifications for the fiscal year ended Sept. 30, 2025. The MCTO restricts trading in the company's securities by certain members of management and insiders of the company until the filing default is remedied, while permitting trading by the public to continue.
Since the issuance of the MCTO, there have been no material changes to the information contained in the company's Jan. 27, 2026, news release. The company continues to work diligently with its auditor to complete the audit and currently expects to file the required disclosure by approximately March 15, 2026.
The company confirms that it has sufficient financial and human resources to complete the audit and address the filing default in a timely manner. The company is not subject to any insolvency proceedings and is not aware of any material information about its affairs that has not been generally disclosed.
While the audit process remains the company's primary reporting focus at this time, Fuelpositive continues to make steady progress across its core operations. Engagement with farmers and strategic agricultural partners remains strong, and interest in the company's on-farm green ammonia systems continues to grow as the company advances toward system activation and broader commercialization.
In accordance with National Policy 12-203, Fuelpositive will issue biweekly default status reports until the required filings are made and the MCTO is lifted. Each update will be issued by news release and posted on SEDAR+.
About Fuelpositive Corp.
Fuelpositive is a Canadian clean technology company transforming agriculture through decentralized, on-farm green ammonia production systems. By enabling farmers to produce their own green nitrogen fertilizer and carbon-free fuel on site, the company is redefining the ammonia industry and putting control directly in the hands of those who feed the world. This model reduces reliance on volatile supply chains and unpredictable pricing, helping farmers secure their livelihoods and plan for the future.
Each tonne of ammonia produced by a Fuelpositive system prevents up to two tonnes of CO2e emissions, offering both environmental and economic advantages. Designed for simplicity, dependability and remote monitoring, the company's containerized systems effortlessly integrate into farm operations. Made in Canada for Canadian conditions, they are engineered to be as straightforward to operate as they are impactful.
The first FP300 demonstration system, installed on an 11,000-acre grain farm in Sperling, Man., is designed to produce 100 metric tonnes of green ammonia each year. This unit serves as the foundation for the FP1500 commercial system, which can generate 500 metric tonnes annually for farms of approximately 10,000 acres. The systems are powered by sustainable electricity and produce carbon-free ammonia on demand, providing a decentralized, cost-effective alternative to fossil-fuel-based fertilizers and fuels.
The delivery of the FP300 to Tracy and Curtis Hiebert's farm in Sperling, Man., marked a milestone in sustainable agriculture. Once activated, the system will demonstrate how local production can strengthen farm economics, reduce environmental impact, and build resilience against climate change, market instability and global supply disruptions.
Fuelpositive aims to position Canada as a global centre of excellence for decentralized green ammonia production and to establish a world-leading manufacturing hub. Supported by Stantec, one of the world's top engineering and consulting firms, this initiative will drive economic growth, create high-value jobs in engineering, science and skilled trades, and promote a more resilient and sustainable food system.
Fuelpositive is located in Ontario and Manitoba (Canada), and trades on the TSX Venture Exchange under the symbol NHHH and on the OTCQB in the United States under the symbol NHHHF.
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