CHARBONE Releases Updated Investor Materials Highlighting Growth in Industrial Gas Market

Brossard, Quebec — May 13, 2026 — Leads & Copy — CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) has released updated investor materials highlighting the industrial gas market and its expanding portfolio of clean UHP hydrogen production plants and regional supply hubs.

The updated Corporate Presentation and Fact Sheet are available in the Investors section of the Company’s website.

The materials provide investors and stakeholders with an updated view of CHARBONE’s vertically integrated industrial gases platform, the structural growth dynamics shaping the global UHP gas market, and the Company’s portfolio of clean UHP hydrogen production plants across Canada, the United States, and Asia-Pacific.

CHARBONE operates in a critical segment of the modern industrial economy, with demand drivers anchored in semiconductor fabrication, AI and data centers, advanced pharmaceuticals and biotech, aerospace and defense, and precision laboratories.

The global Ultra-High Purity (UHP) Gas Market is projected to grow from approximately US$37.5 billion in 2025 to US$52.8 billion by 2030, representing a CAGR of 7.1%, according to MarketsandMarkets - High Purity Gas Market Report 2025. Global supply remains dominated by a handful of mega-plant operators, creating an opening for regional, modular and decentralized producers and distributors like CHARBONE.

Global hydrogen demand reached nearly 100 million tons in 2024, with less than 1% sourced from low-emissions production, according to the IEA Global Hydrogen Review 2025. Low-emissions hydrogen production is expected to reach 4.2 Mtpa by 2030, a fivefold increase versus 2024, driven by semiconductor fabs, AI data centers, carbon-price pressure and industrial decarbonization mandates.

UHP Helium is classified by the European Union, Canada and the United States as a strategic critical material, with no viable substitutes in semiconductor manufacturing, MRI imaging, aerospace, and fiber optics. The global helium market is projected to grow from approximately US$3.3 billion in 2025 to US$5.5 billion by 2034, according to Grand View Research, 2025–2034. Semiconductors accounted for approximately 24% of global helium consumption in 2025 and is projected to rise to approximately 30% by 2030, according to USGS, 2025.

The UHP semiconductor gas market is projected to grow from approximately US$7.4 billion in 2025 to US$14.2 billion by 2034, at a CAGR of 7.5%, according to MarketsandMarkets - High Purity Gas Market Report 2025.

CHARBONE’s modular, demand-driven approach is designed to deploy up to 16 hydrogen projects in proximity to end-users, at a fraction of the capital intensity of traditional centralized mega-plants. Each project is designed with up to 5 phases of production capacity, each deployed within 6-12 months in line with local demand and access to local renewable energy.

The Sorel-Tracy, Quebec, Canada flagship project has successfully launched Phase 1A in Q4 2025, with continuous commercial production and initial hydrogen revenues. Multiple U.S. and Canadian sales were confirmed in Q1 2026, and the next step is scale-up to Phase 1B. This involves up to 5 phases, scaling from 2.25 MW to 25.65 MW of installed electrolysis capacity. Indicative annual sales potential by phase: C$5.1M (Phase 1), C$11.0M (Phase 2), C$17.0M (Phase 3), C$37.4M (Phase 4) and C$66.0M (Phase 5). Power is derived from renewable baseload electricity from Hydro-Québec. Greenhouse gas emissions are expected to be reduced by approximately 10 kilograms of CO₂ for every kilogram of hydrogen produced.

The Detroit, Michigan, United States project will have a Phase 1 capacity of 1 ton per day of clean UHP hydrogen. Site selection and site permitting / development are planned in H1 2026, with Phase 1 launch targeted for H2 2026. It is strategically located in the Great Lakes corridor with proximity to growing semiconductor and advanced manufacturing customers, and access to the Chicago, Cleveland and Toledo industrial markets.

The Wisconsin, United States project will have a Phase 1 capacity of 200 kg per day (0.5 MW), and leverages the Company’s Wolf River hydro dam assets. Site permitting / development is advancing through H2 2026. The land is approximately 157,687 sq. ft. owned by CHARBONE.

In Malaysia, Asia-Pacific, CHARBONE is partnering with Green Hydrogen ASIAPAC SDN BHD, utilizing an asset-light equity participation model with an active operational role. Recent milestones include an advisory engagement launched and initial advisory revenues in Q4 2025; an executive mission completed and aligned intent confirmed with government and partners in Q1 2026; and equity participation intent confirmed in April 2026.

CHARBONE is evaluating 12+ additional plant opportunities across North America and Asia-Pacific, with a vision to expand the platform across the broader basket of industrial gases.

CHARBONE’s hydrogen production assets are supported by a network of Regional Supply Hubs for the storage and distribution of industrial gases. The Company is developing hubs in Ontario, Quebec, Nova Scotia and New York, with a target of 6-8 hubs total across North America. Hydrogen and helium tube trailers have been deployed, supporting commercial deliveries across Ontario, Quebec and New York State, and multi-year supply agreements are in place with a subsidiary of one of the world’s largest chemical and industrial conglomerates, providing CHARBONE with a recurring revenue foundation.

“The updated Corporate Presentation and Fact Sheet bring together the market context and the project execution story that we believe make CHARBONE a differentiated investment opportunity. The structural undersupply of clean UHP hydrogen and helium, combined with accelerating demand from semiconductors, AI, data centers, advanced pharma, and aerospace, defines a multi-decade tailwind, and our modular, decentralized model is purpose-built to capture it,” said Dave B. Gagnon, Chairman and Chief Executive Officer of CHARBONE.

CHARBONE is focused on developing and operating a network of regional supply hubs for the production, storage, and distribution of Ultra-High Purity (UHP) strategic industrial gases, serving customers across sectors including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies.

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