CHARBONE CORPORATION Shareholders Approve All Resolutions at Annual General Meeting, Authorize Equity Incentive Plan

VARENNE, QUEBEC – June 23, 2026 – Leads & Copy – CHARBONE CORPORATION, a vertically integrated industrial gases company, announced today that its shareholders approved all resolutions at its Annual General and Extraordinary Meeting of Shareholders held on June 18, 2026. The approved resolutions included the election of the Company's directors, the appointment of RICHTER LLP as the external auditor, and the confirmation of the new omnibus equity incentive plan.

The elected directors, who will serve until the next annual meeting or until their successors are appointed, include Dave B. Gagnon, Denis Crevier, Frédéric Lecoq, François Vitez, André Halley, Jean-Claude Gonneau, and Gregory Fourel. The shareholders also authorized the board of directors to set the compensation for RICHTER LLP.

The omnibus equity incentive plan, confirmed without changes, provides for a wide range of incentive awards such as stock options (Options), restricted share units (RSUs), performance share units (PSUs), and deferred share units (DSUs), collectively known as Awards. These are intended to attract, retain, and motivate employees, directors, executive officers, and consultants.

Dave Gagnon, Chairman & Chief Executive Officer of CHARBONE, described 2026 as a pivotal year for the company, marking a transition from development and preparation to execution, commercialization, and growth. He highlighted significant milestones achieved and the ongoing efforts to establish CHARBONE as a major player in strategic industrial gases. Gagnon also recognized the dedication of the company's team in turning the company's vision into reality safely.

In addition to the meeting's outcomes, CHARBONE announced the grant of certain equity-based Awards under its omnibus incentive plan. Annual equity-based incentives have been granted to employees, consultants, directors, and officers.

Specifically, 700,000 Options were issued to employees and consultants with an exercise price of $0.15, expiring after two years, and vesting immediately. A total of 2,960,000 DSUs were issued to board members, vesting one year after the grant date, subject to exceptions. Additionally, 3,500,000 RSUs were issued to executive officers, vesting one year after the grant date and potentially settable no later than three years after the grant date.

CHARBONE CORPORATION 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 such as semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies. CHARBONE is developing a network of clean UHP hydrogen production facilities across North America and internationally, employing a modular, decentralized, and demand-driven approach combined with an integrated storage and distribution platform.

The company aims to efficiently serve mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, and oxygen, addressing supply gaps for underserved industrial customers and supporting the transition to a lower-carbon economy through decentralized clean hydrogen and specialty gases.

CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).

Source: CHARBONE CORPORATION