Charbone Announces its First Hydrogen Supply Hub in the Ontario Market

(TheNewswire)

Brossard, Quebec, February 4,2026 – 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 development of its first Charbone Hydrogen SupplyHub in the Ontario market, marking a keymilestone in the Company’s Canadian expansion strategy.

The Charbone Hydrogen Supply Hubwill serve as a dedicated physical storage and local distributionfacility, designed to support reliable, on-demand hydrogen supply toindustrial, advanced-manufacturing, and mobility customers acrossSouthern Ontario.

Importantly, CHARBONE will use its already existingphysical infrastructure for the Hub, including its own hydrogenstorage tube assets, and other components, enabling the Company to:

• Secure local inventory and buffer capacity 

• Control logistics, safety, and high-qualitystandards 

• Reduce dependency on third-party logistics andstorage 

• Improve supply reliability and response times forcustomers 

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

“This firstCharboneHydrogen Supply Hub inOntario represents a strategic step forward for CHARBONE,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairmanof the Board. “By investing directly in physical storageassets, we are reinforcing our commitment to local operationalcontrol, supply security, and long-term value creation in keyindustrial markets.”

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

CHARBONE views Ontario as a priority market due to itsconcentration of industrial users, mobility initiatives, andadvanced-manufacturing ecosystems, and expects the Hydrogen Supply Hubto play a foundational role in the Company’s broader North Americanhydrogen logistics platform.

Momentum Public Relations Inc.Appointment

CHARBONE has engaged Momentum Public Relations Inc.(“Momentum”), to provideservices in relation to investor and public relations strategies. Theservices will mainly be represented by Mr. Maxence Gagné-Godbout whois acting at arm’s length to the Company. Under the terms of theagreement, Momentum will receive a fee of $10,000 per month. Thesix-month agreement will continue until May 15, 2026. No othercompensation is payable in connection with the engagement. Theagreement is subject to regulatory approval.

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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