CHARBONE CORPORATION Announces Delivery of Key Electrolyzer for Increased Clean Hydrogen Production

SOREL-TRACY, Quebec — August 18, 2026 — Leads & Copy — CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) announced the delivery of its electrolyzer to its flagship site in Sorel-Tracy, Québec, a significant milestone in expanding its clean Ultra-High-Purity hydrogen production capacity. This delivery marks a decisive step in the completion of Phase 1B of the project and is crucial for meeting the growing demand from industrial customers.

The electrolyzer, the technological core of the next phase of production, will enable CHARBONE’s teams, construction contractors, and technical partners to begin the positioning, installation, and integration process. Civil engineering work and foundation preparation have been completed to accommodate the new equipment, with activities proceeding according to the company’s execution schedule, including component assembly, mechanical and electrical connections, testing, and commissioning.

This development aligns with CHARBONE’s modular and phased strategy, allowing for capacity expansion in line with demand while maintaining a disciplined approach to development. The company anticipates a fall launch for increased production.

“This is far more than the delivery of a piece of equipment; it represents the achievement of a pivotal step in realizing our vision and one of the most important milestones in the Company’s history,” said Dave Gagnon, President and CEO of CHARBONE. “The risks associated with delivery are now behind us. This achievement also reflects the exceptional commitment of our employees, partners, suppliers, and all stakeholders contributing to the development of our flagship site. We are now entering a new phase of execution that will strengthen our ability to serve our key customers and create sustainable value for our shareholders.”

CHARBONE is a vertically integrated industrial gases company focused on developing and operating a network of supply hubs for the production, storage, and distribution of Ultra-High Purity (UHP) strategic industrial gases. The company serves sectors including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies. CHARBONE is advancing a network of clean UHP hydrogen production facilities across North America and selected international markets. The company's model supports scalable growth, enhances operational flexibility, and enables more stable and diversified revenue generation, serving mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, and oxygen. CHARBONE is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gases.

Source: CHARBONE CORPORATION