CHARBONE Announces Hydrogen Sales in Ontario to Support Fuel Cell Generator Operations for the Film Industry

(TheNewswire)

Brossard, Quebec, January 22,2026 – TheNewswire - CHARBONE CORPORATION (TSXV: CH;OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer anddistributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased toannounce the sale of clean UHPhydrogen in Ontario to a specialized contractorserving the film andentertainment production industry, enabling theoperation of hydrogen fuelcell generators used on movie and televisionproduction sites.

Hydrogen for Clean On-Set PowerGeneration in Ontario

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

This initiative represents a high-visibility commercialapplication for hydrogen, demonstrating a concrete pathway toreducing emissions, noise, andfuel logistics complexity typically associatedwith traditional diesel-based generators in the film productionecosystem.

The hydrogen supply will be supported throughCHARBONE’s distribution capabilities and delivery logistics,ensuring safe and reliable service to meet the operational needs ofprofessional production crews working under strict schedulingrequirements.

A Strategic Step Toward PracticalHydrogen Adoption

This first Ontario sale into the film-related powersegment reflects CHARBONE’s broader strategy to expand hydrogencommercialization beyond traditional industrial uses and intoreal-world mobile andtemporary power applications, where fuel cellsoffer strong advantages in performance, sustainability, and operatingconditions.

CEO Comment

“Hydrogen isno longer a concept—it’s becoming an operationalsolution,” said Dave Gagnon,CHARBONE’s Chief Executive Officer and Chairman of theBoard. “We are proud to support a specialized contractor in Ontario enablingfuel cell generator operations for the film industry. This is a strongexample of how clean UHP hydrogen can deliver real valuetoday—quiet, reliable, and low-emission energy, where and when itmatters.”

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

About CHARBONE CORPORATION

CHARBONE is a developer and producer of clean UltraHigh Purity (UHP) hydrogen with a growing industrial gas distributionplatform. Through a modular approach, CHARBONE is focused ondeveloping a network of clean hydrogen production facilitiesthroughout North America and select markets abroad, starting with itsflagship Sorel-Tracy project in Quebec. The Company’s integratedmodel reduces risk, enhances scalability, and enables diversifiedrevenue streams through partnerships in helium and other specialtygases. CHARBONE is committed to supporting the global transition to alower-carbon economy by providing accessible, decentralized cleanhydrogen and specialty gas solutions while supporting underservedindustrial gas customers and accelerating the shift to localized cleanenergy. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), theOTC Markets (OTCQB: CHHYF),and the Frankfurt Stock Exchange(FSE: K47). Visit www.charbone.com.

Forward-Looking Statements

This news release containsstatements that are “forward-looking information” as defined underCanadian securities laws (“forward-looking statements”). Theseforward-looking statements are often identified by words such as“intends”, “anticipates”, “expects”, “believes”,“plans”, “likely”, or similar words. The forward-lookingstatements reflect management's expectations, estimates, orprojections concerning future results or events, based on theopinions, assumptions and estimates considered reasonable bymanagement at the date the statements are made. Although Charbonebelieves that the expectations reflected in the forward-lookingstatements are reasonable, forward-looking statements involve risksand uncertainties, and undue reliance should not be placed onforward-looking statements, as unknown or unpredictable factors couldcause actual results to be materially different from those reflectedin the forward-looking statements. The forward-looking statements maybe affected by risks and uncertainties in the business of Charbone.These risks, uncertainties and assumptions include, but are notlimited to, those described under “Risk Factors” in theCorporation’s Management’s Discussion & Analysis for theperiod ended September 30, 2025, which is available on SEDAR+ atwww.sedarplus.ca; they could cause actual events or results to differmaterially from those projected in any forward-lookingstatements.

Except as required under applicablesecurities legislation, Charbone undertakes no obligation to publiclyupdate or revise forward-looking information.

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.

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