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 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 until the filing default is resolved while allowing trading by the public to continue.

Since the issuance of the MCTO, there have been no material changes to the information in the company's Jan. 27, 2026, news release. The company continues to work closely with its auditor to complete the audit process. As part of the remaining audit procedures, additional work is being done in connection with the review and valuation of certain intangible assets related to the company's proprietary technology platform. Given the emerging nature of the green ammonia sector and the company's technology's developmental stage, this work requires additional documentation and analysis as part of the auditor's review. Based on continuing discussions with the company's auditor and the progress of the remaining audit procedures, the company expects to complete and file the required disclosure on or before March 31, 2026, which is the deadline permitted under the management cease trade order.

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 main focus for reporting at this time, Fuelpositive continues to advance its strategic and operational initiatives. Continuing geopolitical tensions and disruptions affecting global energy and fertilizer markets highlight the importance of resilient, localized production solutions. In this context, engagement with farmers and key agricultural stakeholders is expanding, with increasing interest from producers exploring the adoption of on-farm green ammonia systems. Management believes these developments strengthen the long-term relevance of Fuelpositive's decentralized model, which aims to support fertilizer independence and operational stability for farmers.

In accordance with NP 12-203, Fuelpositive will provide biweekly default status reports until the necessary filings are completed and the MCTO is lifted. Each update will be announced by news release and posted on SEDAR+.

About Fuelpositive Corp.

Fertilizer independence and farming resilience

Fuelpositive is a Canadian cleantech 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 carbon dioxide equivalent 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 acts as the foundation for the FP1500 commercial system, which can generate 500 metric tonnes annually for farms of around 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 enhance farm economics, lessen environmental impact, and bolster resilience against climate change, market fluctuations and global supply chain 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 based in Ontario and Manitoba (Canada), and is listed 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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