Brossard, Quebec, March 31, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce that it has entered into a secured convertible loan term sheet dated March 30, 2026 (the “Convertible Loan”) that provides for up to $10 million of financing from RiverFort Global Capital Ltd (“RiverFort” or the “Lender”), representing a significant milestone in CHARBONE’s current financing and growth strategy.

The Convertible Loan provides for a $10 million secured convertible loan commitment, including an initial $2.15 million first drawdown that will become available upon the signature of a definitive agreement with RiverFort and concurrent closing, subject to approval by the TSX Venture Exchange. The Company is currently working with the RiverFort team on the definitive agreement for the Convertible Loan. If completed, the Convertible Loan is expected to provide CHARBONE with growth capital to advance further in its hydrogen production capacity investments and to accelerate development timelines.

“This first step in establishing a strategic financing with RiverFort represents a transformative step for CHARBONE. It not only provides the capital to accelerate our hydrogen production projects, including our Sorel-Tracy project, but also gives us the flexibility to pursue industrial gases growth,” said Benoit Veilleux, CHARBONE’s Chief Financial Officer and Corporate Secretary. “With this long-term partner and a strengthened balance sheet, we are well positioned to execute our growth strategy and create sustainable shareholder value.”

About RIVERFORT

RiverFort provides debt and equity-based capital to high-growth companies. As an international business operating from offices in London, Australia and Gibraltar along with a strong presence in Europe, and Canada. RiverFort has a multi-sector and global orientation. RiverFort prides itself in creating mutually beneficial partnerships between its alternative funding sources, including family office co-investors, and investee companies it believes in. The RiverFort team has executed in excess of US$15bn of growth financing transactions.

Financing Highlights

• Up to $10 million secured Convertible Loan, structured in multiple drawdowns.
• The first drawdown consists of a $2.15 million initial advance payable at closing,
• The second drawdown of up to $3 million may be advanced to the Company prior to the date falling 6 calendar months from the first drawdown closing and subject to mutual agreement, and the remaining $4.85 million will be available to be drawn in aggregate during the Convertible Loan term, subject to mutual agreement between the Company and RiverFort and customary conditions set out in the Convertible Loan agreement.
• The first drawdown is convertible, at the option of the Lender, into units composed of one common share of the Company (the “Common Shares”) and 0.3 of a warrant, at a conversion price of $0.15 per unit.
• Any subsequent drawdowns will be convertible, at the option of the Lender, into Common Shares at a conversion price per Common Share at a 25% premium to the 5 daily VWAP of the common shares immediately preceding their drawdown date, reflecting a premium pricing structure aligned with future growth and scale.
• Each whole warrant issued in connection with the first drawdown of $2.15 million will be exercisable to acquire one additional common share in the capital of CHARBONE, at a price per share of $0.195, for a period of 48 months, subject to a maximum of 5 years from the Convertible Loan closing date.
• Drawdowns under the Convertible Loan are available for a three-year term, with each drawdown repayable over 18-months.
• 12% annual interest payable in cash every 4 months.
• If not converted before, 10% of the first drawdown shall be repaid at the end of six months, 20% at the end of 12 months and 70% on maturity date.
• An implementation fee of 5% of the first drawdown will be paid in cash on closing and a nonrefundable $20,000 due diligence fee has already been paid.
• Secured with a first rank universal mortgage in Charbone Hydrogen Quebec Inc. (Sorel-Tracy project).
• The securities issued upon any conversion of the principal amount of the Convertible Loan will be subject to the statutory four-month hold period in Canada.

September 2025 Convertible Replacement Debentures Conversion

CHARBONE announce the partial conversion of the September 2025 Convertible Replacement Debentures, issued and announced on October 1, 2025, for an amount of $1.15M.

Brossard, Quebec, March 19, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce that following the initial delivery on December 22, 2025 to an independent distributor based in Ontario, the Company has made another full load delivery of clean UHP hydrogen to the same customer to support the growth of the Ontario market.

A confirmed ramp-up in commercial activity in Ontario

This new full delivery demonstrates the strength of the established business relationship with this customer and the growing demand for a reliable supply of clean UHP hydrogen in the province of Ontario, supported by CHARBONE.

It also confirms CHARBONE’s ability to ensure efficient and recurring logistics from its Sorel-Tracy production site, while meeting the operational needs of its distribution partners in key markets outside Quebec.

An execution aligned with the regional deployment strategy

Ontario represents a strategic industrial corridor for CHARBONE, particularly due to the concentration of players in the advanced manufacturing, electronics, mobility, and energy sectors. This new delivery is part of the Company’s strategy to:

• Establish recurring business relationships with regional distribution partners
• Support the development of a local UHP hydrogen supply ecosystem
• Prepare for the phased deployment of its future distribution and potential production hubs

Management statement

“The confirmation of this new full delivery to our client in Ontario clearly demonstrates that we are now entering a phase of commercial repeatability and operational execution,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “Beyond a simple delivery, this is a concrete signal that the Ontario market is gradually adopting a local, reliable, and strategic source of clean UHP hydrogen. CHARBONE is thus positioning itself as a reliable and key partner in structuring this supply chain in North America.”

Brossard, Quebec, March 16, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, confirms today that new orders for UHP hydrogen from an existing customer located in New York State have been fully delivered, further strengthening the Company’s commercial presence in one of the leading technology and industrial hubs in the United States.

These deliveries follow the press release published on January 14, 2026, in which CHARBONE announced its first order for UHP clean hydrogen from this American customer. The continued orders and their operational execution confirm the establishment of a long-term business relationship with a key player in a leading technology ecosystem in the United States.

A strategic market at the heart of the American “Tech Valley”

New York State, particularly the region often referred to as “Tech Valley”, is one of the most dynamic technology and industrial clusters in North America, especially in the sectors:

• Microelectronics
• Semiconductors
• Advanced materials
• Defense technologies
• Advanced industrial manufacturing

In these industries, the availability of a reliable supply of ultra-high-purity industrial gases is critical for operations and process quality. The delivery of these new UHP hydrogen orders confirms CHARBONE’s ability to effectively serve these high-tech markets, while strengthening its commercial footprint in the northeastern United States.

Towards a North American platform for UHP industrial gases

While continuing to develop its clean UHP hydrogen production, CHARBONE is progressively rolling out an expanded range of specialty and ultra-high purity industrial gases, including: UHP oxygen, helium and certain strategic gases for advanced technology and industrial markets.

This approach is part of the Company’s strategy to develop an integrated UHP industrial gas distribution platform in North America, capable of meeting the growing needs of high-tech industries.

In this context, CHARBONE is also working on the gradual implementation of a regional storage and distribution hub infrastructure, designed to support reliable supply and commercial growth in strategic markets.

Management statement

“The delivery of these new UHP hydrogen orders in New York State confirms not only the strength of our business relationship with this American customer, but also the relevance of our positioning in some of the most demanding technology ecosystems in North America,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “Our vision is clear: to progressively build a North American platform for strategic and ultra-high-purity industrial gases, with clean hydrogen as its core molecule. Advanced technology markets demand extremely high supply standards, and CHARBONE intends to play an increasing role in this ecosystem in the coming years.”

Brossard, Quebec, March 12, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce its participation in the Hydrogen East conference on April 13, 2026, as well as the development of a supply hub dedicated to UHP hydrogen and strategic specialty gases in the Atlantic Canada market (“Atlantic Hub”).

This initiative marks a new step in CHARBONE’s deployment strategy aimed at establishing an integrated network of hubs for the production, storage and distribution of hydrogen and strategic industrial gases in North America.

The future Atlantic Hub, which will be managed by its subsidiary CHARBONE Nova Scotia Inc. and operational by June 2026, will serve as a dedicated physical facility for local storage and regional distribution, ensuring a reliable and flexible supply of hydrogen for a variety of demanding industrial users, including the defense, advanced manufacturing, mobility, and energy infrastructure sectors.

CHARBONE has been active in the Atlantic region for over three (3) years and has developed in-depth knowledge of the Nova Scotia, New Brunswick, and Prince Edward Island markets, while working on various initiatives with major potential clients and partners, particularly in the following areas:

• Port infrastructure
• Canadian Navy shipyards and facilities
• Automotive component supply chain
• Utility and energy companies
• Research and development companies
• Advanced zero-emission transportation solutions

This “hub-and-spoke” model is a cornerstone of CHARBONE’s strategy to progressively deploy a scalable network of hydrogen and strategic industrial gas supply hubs across Canada and the United States, supporting regional markets through local storage, logistics, and distribution capabilities.

“The Atlantic Canada region represents a strategic market for CHARBONE, particularly due to the presence of high-quality infrastructure, large industrial users, and energy transition initiatives,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “The Company anticipates that this hub will play a structuring role in the development of its future North American hydrogen logistics platform.”

For more details on the Hydrogen East Conference, please click on the link below:

https://www.linkedin.com/feed/update/urn:li:activity:7435768392369876992/?utm_source=share&utm_m edium=member_desktop&rcm=ACoAAAdBZd8BuWTYA8pImhgdOX61XL2d0BF2e2s

Brossard, Quebec, February 25, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce that, further to its press release dated January 14, 2026, the Company has secured additional orders from an existing U.S. customer based in New York State.

The customer has placed new orders for clean UHP hydrogen, produced and distributed by CHARBONE, and placed its first order for UHP oxygen. While CHARBONE’s production activities remain focused on clean UHP hydrogen, the Company delivers also complementary industrial gases like oxygen, helium, and other specialty gases to support customer requirements.

Strengthening customer relationships in a strategic market: New York State

Following the announcement on January 14, 2026, regarding an initial order for clean UHP hydrogen from a US customer located in New York State, CHARBONE indicates that this customer is continuing its collaboration with CHARBONE. The new order for CHARBONE’s UHP hydrogen, combined with an initial order for UHP oxygen, represents a further step in CHARBONE’s commercial deployment in the United States, a strategic market for future growth.

Diversification of UHP offerings: hydrogen and oxygen

CHARBONE considers the addition of an order for UHP oxygen to its order book, alongside UHP hydrogen, to be an important milestone in its roadmap: developing a multi-molecule platform of UHP industrial gases, aligned with the needs of advanced technology and industrial sectors, particularly in the American “Tech Valley”.

“These new orders, now including distribution and delivery of UHP oxygen, confirm not only that the relationship with our existing customer in New York State is strengthening, but also the relevance of our strategy to diversify into UHP industrial gases,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “Our objective is clear: to offer reliable supply and first-class purity standards in order to meet the highest demands of the technology and industrial markets in North America.”

Momentum Public Relations Inc. Appointment

On February 4, 2026, CHARBONE announced that it had retained the services of Momentum Public Relations Inc. (“Momentum”), in relation to investor and public relations strategies. Momentum is a Montreal-based public relations and investor relations firm with a proven track record of supporting emerging companies in the Canadian financial markets. Founded in 2008, Momentum specializes in designing targeted investor outreach programs for listed small and mid-cap companies, with expertise in the resource sector. Through strategic communications, investor outreach, and market engagement, Momentum strives to increase companies’ visibility, strengthen their presence, and connect them with a broader network of qualified investors. Momentum holds a variable stake in CHARBONE and reserves the right to use its own funds to increase its position.

Brossard, Quebec, February 4, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce the development of its first Charbone Hydrogen Supply Hub in the Ontario market, marking a key milestone in the Company’s Canadian expansion strategy.

The Charbone Hydrogen Supply Hub will serve as a dedicated physical storage and local distribution facility, designed to support reliable, on-demand hydrogen supply to industrial, advanced-manufacturing, and mobility customers across Southern Ontario.

Importantly, CHARBONE will use its already existing physical infrastructure for the Hub, including its own hydrogen storage tube assets, and other components, enabling the Company to:

• Secure local inventory and buffer capacity
• Control logistics, safety, and high-quality standards
• Reduce dependency on third-party logistics and storage
• Improve supply reliability and response times for customers

This hub-and-spoke model will be another cornerstone of CHARBONE’s strategy to build a scalable network of Hydrogen Production and Supply Hubs across Canada and the United States, supporting the regional markets with regional localized storage, logistics, and distribution.

“This first Charbone Hydrogen Supply Hubin Ontario represents a strategic step forward for CHARBONE,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “By investing directly in physical storage assets, we are reinforcing our commitment to local operational control, supply security, and long-term value creation in key industrial markets.”

The Ontario hub is expected to support multiple type of customers and dedicated customer supply programs, with different delivery formats, including tube trailers and micro-bulk solutions. The Ontario will be designed to accommodate future storage and production capacity expansions as market demand grows.

CHARBONE views Ontario as a priority market due to its concentration of industrial users, mobility initiatives, and advanced-manufacturing ecosystems, and expects the Hydrogen Supply Hub to play a foundational role in the Company’s broader North American hydrogen logistics platform.

Brossard, Quebec, January 22, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce the sale of clean UHP hydrogen in Ontario to a specialized contractor serving the film and entertainment production industry, enabling the operation of hydrogen fuel cell generators used on movie and television production sites.

Hydrogen for Clean On-Set Power Generation in Ontario

CHARBONE confirms it has begun supplying clean UHP hydrogen in Ontario to support the deployment of fuel cell-powered generator systems used to provide electricity for production sets and related mobile infrastructure.

This initiative represents a high-visibility commercial application for hydrogen, demonstrating a concrete pathway to reducing emissions, noise, and fuel logistics complexity typically associated with traditional diesel-based generators in the film production ecosystem.

The hydrogen supply will be supported through CHARBONE’s distribution capabilities and delivery logistics, ensuring safe and reliable service to meet the operational needs of professional production crews working under strict scheduling requirements.

A Strategic Step Toward Practical Hydrogen Adoption

This first Ontario sale into the film-related power segment reflects CHARBONE’s broader strategy to expand hydrogen commercialization beyond traditional industrial uses and into real-world mobile and temporary power applications, where fuel cells offer strong advantages in performance, sustainability, and operating conditions.

CEO Comment

“Hydrogen is no longer a concept—it’s becoming an operational solution,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “We are proud to support a specialized contractor in Ontario enabling fuel cell generator operations for the film industry. This is a strong example of how clean UHP hydrogen can deliver real value today—quiet, reliable, and low-emission energy, where and when it matters.”

While CHARBONE is not disclosing the volume, duration, or financial terms of this commercial arrangement in order to maintain its competitive position, revenues generated by the Company’s production, distribution, and service activities are presented on a consolidated basis in its quarterly financial statements.

Brossard, Quebec, January 14, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce that it has secured its first order for clean UHP hydrogen from a customer based in New York State, USA. This customer is part of a major Japanese industrial conglomerate, representing a significant strategic breakthrough for CHARBONE in the US market.

First order of clean UHP hydrogen in the American Tech Valley

As part of its commercial rollout in the United States, CHARBONE confirms it has received a firm order for clean UHP hydrogen from a customer located in New York State, at the heart of a leading technology corridor often referred to as America’s Tech Valley. This order marks a key milestone in the cross-border commercialization of CHARBONE’s production and confirms the US market’s interest in a reliable supply of UHP hydrogen.

The order will be fulfilled using the Company’s existing production capacity and is part of a broader strategy to establish long-term business relationships with world-class industrial and technology clients.

A major commercial breakthrough in the United States

Securing this first US order is a concrete validation of CHARBONE’s value proposition and an important stepping stone for its expansion in the United States. Given the limited supply of clean UHP hydrogen in the North American market and the growing demand observed in advanced technology and industrial sectors, CHARBONE is not disclosing the volume, duration, or financial terms of this order in order to maintain its competitive position. Revenues generated by the Company’s production, distribution, and service activities are presented on a consolidated basis in its quarterly financial statements.

“Securing this first order for clean UHP hydrogen in the United States is a pivotal moment for CHARBONE,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “Being selected by a client affiliated with a major Japanese conglomerate in New York State confirms the credibility of our platform, the quality of our UHP hydrogen, and our ability to meet the demands of the technology markets in North America.” 

About CHARBONE CORPORATION

CHARBONE is a developer and producer of clean Ultra High Purity (UHP) hydrogen with a growing industrial gas distribution platform. Through a modular approach, CHARBONE is focused on developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec. The Company’s integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases. CHARBONE is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions while supporting underserved industrial gas customers and accelerating the shift to localized clean energy. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).

Brossard, Quebec, January 12, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce the closing of a non-brokered private placement (the “Equity Offering”) for gross proceeds of $3.1 million.

“We are excited to start the year 2026 with a strong improvement to our balance sheet and support shown by long term investors in this private placement,” said Benoit Veilleux, CFO and Corporate Secretary of CHARBONE. “The completion of this financing provides CHARBONE with the resources for the Phase 1B at Sorel-Tracy site, increasing our clean UHP hydrogen production capacity by 4.5 times reaching almost 1 tonne per day.”

Private Placement Details

CHARBONE is issuing 23,614,286 Units, with each Unit priced at $0.13125 and consisting of one common share and one common share purchase warrant.

• The proceeds from the Equity Offering will be primarily allocated to the Company’s purchase and installation of the Phase 1B hydrogen equipment at the Sorel-Tracy site, and general working capital requirements.
• Each of the units offered (each a “Unit”), priced at $0.13125 per Unit, included one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant gives the holder the right to buy one additional common share of the Company at an exercise price of $0.18 for 24 months after the closing date of the Equity Offering (the “Closing Date”) with an acceleration right forcing the exercise of Warrants, within 30 days, if the market price of the Company’s common shares on the TSX Venture Exchange is $0.30 or higher for 10 consecutive trading days.
• At the Closing Date, the Company paid a finder’s fee of $247,950. It also issued 1,889,143 finder’s warrants to registered dealers related to the sale of specific Units to qualified subscribers introduced by such dealers. The Units were distributed pursuant to a decision under Section 12 of the Securities Act (Quebec) to qualified subscribers outside of the Province of Quebec mainly to one institutional investor located in Germany.
• The closing of the Equity Offering remains subject to the approval of the TSX Venture Exchange and other customary closing conditions.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction where such offer, solicitation, or sale would be unlawful, including in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any applicable state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and relevant state laws, or if an exemption from registration is available.