Mr. Dave Gagnon reports

CHARBONE ANNOUNCES THE RECEPTION OF THE MAIN COMPONENTS AT THE SOREL-TRACY SITE AND THE LAUNCH OF CIVIL WORKS

Charbone Hydrogen Corp. has safely and incident-freely received all major components of its production equipment at the Sorel-Tracy site.

This delivery marks a decisive step in the progress of the project: The mobilization of the site teams will continue this week to allow the official launch of civil works on Monday, Oct. 27, 2025, the first phase of operations leading to the complete reinstallation of the equipment, connection and commissioning scheduled for November, 2025.

"We are extremely proud of the exemplary work of our internal teams and our specialized technical partners, who ensured the transfer and reception of the equipment without the slightest incident and in compliance with the highest safety standards," declared Dave B. Gagnon, chief executive officer of Charbone. "The arrival of the components at our site in Sorel-Tracy marks a concrete step towards the local production of clean UHP hydrogen and confirms the rigour of our modular project approach. Each milestone brings us closer to a historic commissioning for Quebec and for the entire Canadian industrial gas sector."

This step is a continuation of the strategic transaction announced on Oct. 7, 2025, through which Charbone secured hydrogen production assets. This acquisition allows the company to significantly reduce its capital costs, while accelerating its time to market through the integration of already proven and efficient equipment.

About Charbone Hydrogen Corp.

Charbone is an integrated company specializing in clean ultrahigh-purity hydrogen and the strategic distribution of industrial gases in North America and Asia Pacific. Through a modular approach, the company is building a distributed network of green hydrogen production plants while diversifying revenues through helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility and positions Charbone as a leader in the transition to a low-carbon future. Charbone is listed on the TSX Venture Exchange, the OTC Markets and the Frankfurt Stock Exchange.

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