CHARBONE Updates Investor Materials, Underscores Positive Market Dynamics

Brossard, Quebec — May 13, 2026 — Leads & Copy — CHARBONE Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) has released its updated corporate presentation and fact sheet, highlighting the positive dynamics in the industrial gas market and its growing portfolio of ultra-high purity (UHP) clean hydrogen production plants and regional supply platforms.

The updated documents, now available in the Investor section of Charbone’s website, provide an updated view of the company's vertically integrated industrial gas platform, the structural growth dynamics shaping the global UHP gas market, and the company’s expanding portfolio of UHP clean hydrogen production plants across Canada, the United States, and Asia-Pacific.

CHARBONE operates in a crucial segment of the modern industrial economy. The investor documents highlight the favorable market context supporting the company’s growth strategy, driven by demand from semiconductor manufacturing, AI and data centers, advanced pharmaceuticals and biotechnology, aerospace and defense, and precision laboratories.

The industrial gas market is experiencing growth and is structurally undersupplied. The market is expected to grow from approximately $37.5 billion in 2025 to $52.8 billion by 2030, representing a CAGR of 7.1%.

Demand is driven by semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense applications.

Global supply remains dominated by a few mega-plant operators, creating an opportunity for regional, modular, and decentralized producers and distributors like CHARBONE.

Global hydrogen demand reached nearly 100 million tons in 2024, with less than 1% from low-emission sources. Low-emission hydrogen production is projected to reach 4.2 Mtpa by 2030, a fivefold increase from 2024. Factors driving these changes include semiconductor plants, AI data centers, carbon pricing pressures, and industrial decarbonization mandates.

Helium has been classified by the European Union, Canada, and the United States as a critical strategic material, with no viable substitutes in semiconductor manufacturing, MRI, aerospace, and fiber optics.

The global helium market is expected to grow from approximately $3.3 billion in 2025 to $5.5 billion by 2034. Semiconductors accounted for about 24% of global helium consumption in 2025 and are projected to account for 30% by 2030.

A geographically concentrated supply creates a risk of chronic shortages, giving pricing power to reliable regional distributors.

The UHP semiconductor gas market is expected to increase from approximately $7.4 billion in 2025 to $14.2 billion by 2034, with a CAGR of 7.5%.

The updated corporate presentation provides additional details on CHARBONE’s project portfolio. The modular, demand-driven approach aims to deploy up to 16 hydrogen projects near end-users, with less investment than traditional centralized mega-plants. Each project is designed with up to five phases of production capacity, each deployed in 6 to 12 months based on local demand and access to local renewable energy.

CHARBONE’s flagship project in Sorel-Tracy, Quebec, Canada, has successfully launched Phase 1A in Q4 2025, with ongoing commercial production and initial hydrogen-related revenues. Several sales in the US and Canada have been confirmed in Q1 2026. The next step is the transition to Phase 1B. The modular construction allows for up to five phases, with scalable installed electrolysis capacity from 2.25 MW to 25.65 MW. Indicative annual sales potential per phase are CA$5.1 million (Phase 1), CA$11.0 million (Phase 2), CA$17.0 million (Phase 3), CA$37.4 million (Phase 4), and CA$66.0 million (Phase 5).

The project uses baseload renewable electricity from Hydro-Québec, reducing greenhouse gas emissions by approximately 10 kilograms of CO₂ per kilogram of hydrogen produced.

In Detroit, Michigan, the Phase 1 capacity is 1 ton per day of clean UHP hydrogen. It is strategically located in the Great Lakes region, near a growing customer base in the semiconductor and advanced manufacturing sectors, with access to industrial markets in Chicago, Cleveland, and Toledo. Site selection and permitting/layout are expected in H1 2026, with Phase 1 launch planned for H2 2026.

In Wisconsin, the Phase 1 capacity is 200 kg per day (0.5 MW). It leverages CHARBONE’s Wolf River hydroelectric dam assets, contributing to an improved economic production profile. The company owns approximately 157,687 sq ft of land. Site permitting is underway, with development progressing into H2 2026.

In Malaysia, Asia-Pacific, CHARBONE is partnering with Green Hydrogen ASIAPAC SDN BHD, using a low-capital-intensity equity participation model with an active operational role. Recent milestones include launching the advisory mission and initial advisory revenues in Q4 2025, completing the executive mission and confirming alignment of intent with the government and partners in Q1 2026, and confirming the intent to take an equity stake in April 2026. Malaysia is among the top ten global semiconductor manufacturing hubs, with strong growth in industrial gas demand fueled by foreign direct investment in chip manufacturing plants, data centers, and advanced manufacturing.

In addition to the four projects above, the company is evaluating over 12 other potential plant sites in North America and Asia-Pacific. The long-term vision aims to expand its platform to a broader range of industrial gases.

CHARBONE’s hydrogen production facilities are supported by a network of regional supply hubs dedicated to the storage and distribution of industrial gases. The company is currently developing centers in Ontario, Quebec, Nova Scotia, and New York State, aiming for six to eight total centers in North America. Semi-trailers carrying hydrogen and helium tubes are in service for commercial deliveries in Ontario, Quebec, and New York State. Multi-year supply agreements have been secured with a subsidiary of one of the world’s largest chemical and industrial conglomerates.

“The updated corporate presentation and fact sheet bring together, in a single document, the market context and project execution narrative that we believe makes CHARBONE a unique investment opportunity. The structural undersupply of UHP clean hydrogen and UHP helium, combined with increasing demand from the semiconductor, AI, data center, advanced pharmaceutical, and aerospace sectors, creates a multi-decade tailwind, and our modular, decentralized model is specifically designed to capitalize on it. With Sorel-Tracy in commercial production, Detroit and Wisconsin in full expansion mode, and Malaysia entering an equity participation phase, our project pipeline has never been clearer and more tangible,” said Dave Gagnon, Chairman and CEO of Charbone.

CHARBONE is a vertically integrated industrial gas company focused on developing and operating a regional network of logistics platforms for the production, storage, and distribution of Ultra High Purity (UHP) strategic industrial gases. The company serves customers from various sectors, including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies, where UHP gases are essential to high-precision manufacturing processes and operational performance. CHARBONE is developing a network of UHP clean hydrogen production plants in North America and select international markets. Its modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform for all UHP gases, drives controlled growth, enhances operational flexibility, and enables more stable and diversified revenue generation. This model allows CHARBONE to efficiently provide mid-sized industrial customers with a reliable supply of UHP gases, including hydrogen, helium, oxygen, and other in-demand component gases that are often difficult to source. The company is committed to supporting the global transition to a low-carbon economy by providing accessible and decentralized clean hydrogen and specialty gases, while filling supply gaps for underserved industrial customers and accelerating the transition to local clean energy. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).

Source: CORPORATION CHARBONE