Primary Hydrogen Corp. · TSXV:HDRO
Primary Hydrogen — Investor Presentation (July 2026)
20 slides from Primary Hydrogen's investor presentation, July 2026
Slide 1: Investor Presentation: Sustainable, Natural Hydrogen
TSXV:HDRO | OTCQB:HNATF | FRA:83W INVESTOR PRESENTATION Sustainable, Natural Hydrogen
Slide 2: Disclaimer
TSXV:HDRO | OTCQB:HNATF | FRA:83W DISCLAIMER Cautionary Note: This presentation includes certain statements general economic, market or business conditions. Readers are arrangement as described in the circular, which depends on that may be deemed to be forward-looking. All statements in this caution
Slide 3: Why Hydrogen?
TSXV:HDRO | OTCQB:HNATF | FRA:83W WHY Capable of being stored as a liquid or gas and then burned or converted into electricity (through a fuel cell) – all while producing HYDROGEN? no greenhouse gas emissions1 Hydrogen can be combined Once it is converted to these with carbon from CO2 to commodities
Slide 4: A Global White Gold Rush
TSXV:HDRO | OTCQB:HNATF | FRA:83W A GLOBAL WHITE GOLD RUSH P. 4/20 1. https://www.cnbc.com/2024/09/12/bill-gates-backed-startup-on-the-global-gold-rush-for-buried-hydrogen.html 2. https://www.reuters.com/business/energy/us-grants-750-million-hydrogen-projects-across-24-states-2024-03-13 3. https://w
Slide 5: Hydrogen Sources
TSXV:HDRO | OTCQB:HNATF | FRA:83W HYDROGEN SOURCES Current hydrogen supply is both costly and/or dirty but discovery of natural hydrogen reserves could be the solution: GREY/BLUE HYDROGEN Produced from fossil fuels accounts for ~95% of production and costs1 ~$2/kg2 GREEN HYDROGEN Produced from renew
Slide 6: Hydrogen Demand
TSXV:HDRO | OTCQB:HNATF | FRA:83W HYDROGEN DEMAND Hydrogen demand is poised to surge as countries transition towards greener energy solutions, driven by increasing investments in hydrogen fuel technologies and a growing focus on decarbonizing industries and transportation. Energy Carrier Fuel Heat G
Slide 7: Primary Hydrogen Generation Sources
TSXV:HDRO | OTCQB:HNATF | FRA:83W PRIMARY HYDROGEN GENERATION SOURCES • SERPENTINIZATION: the interaction of water with iron- Surficial detection includes the rich rocks resulting in the observation of subcircular depressions, generation of H2 as a by- which represent potential pathways for product.
Slide 8: A Portfolio of Natural Hydrogen Projects Throughout North America
TSXV:HDRO TSXV.HDRO | OTCQB:HNATF | FRA:83W A PORTFOLIO OF NATURAL HYDROGEN PROJECTS THROUGHOUT NORTH AMERICA ONTARIO • Hopkins & Blakelock Projects • 100%-owned projects covering 9,127 hectares NEWFOUNDLAND & LABRADOR • Mary’s Harbour & Point Rosie Projects • 100%-owned projects covering 8,550 hect
Slide 9: Exploration Strategy
TSXV:HDRO | OTCQB:HNATF | FRA:83W ALL PROJECTS EXPLORATION STRATEGY PHASE 1: TARGET PHASE 2: PHASE 3: GEOPHYSICAL PHASE 4: EXPANDED IDENTIFICATION SITE SAMPLING SURVEYING SITE SAMPLING Remote sensing Field sampling to Geophysical surveying to Follow-on field sampling surveys to generate determine co
Slide 10: Dove Creek H2 Project
TSXV:HDRO | OTCQB:HNATF | FRA:83W DOVE CREEK H2 PROJECT LOCATION: Dove Creek, Colorado OWNERSHIP: 100% SIZE: 744 acres • Project located in southwestern Colorado near the Colorado-Utah border within the borders of the Paradox Basin and near the San Juan Basin to the south and the Uinta-Piceance Basi
Slide 11: Hopkins H2 Project
TSXV:HDRO | OTCQB:HNATF | FRA:83W HOPKINS H2 PROJECT LOCATION: Northern Ontario • Given the radiogenic nature of the intrusive, this has the OWNERSHIP: 100% potential to produce SIZE: 6,920 hectares (69.2 km2) naturally occurring hydrogen (NOH) through radiolysis. • Hydrogen potential is present thr
Slide 12: Blakelock H2 Project
TSXV:HDRO | OTCQB:HNATF | FRA:83W BLAKELOCK H2 PROJECT LOCATION: Northern Ontario • According to the Ontario Geological Survey, the forest OWNERSHIP: 100% rings are caused by giant, SIZE: 2,207 hectares (22.1 km2) naturally occurring electrochemical cells — big • Hydrogen potential present centres o
Slide 13: Mary's Harbour H2 Project
TSXV:HDRO | OTCQB:HNATF | FRA:83W MARY’S HARBOUR H2 PROJECT LOCATION: SE Labrador coast OWNERSHIP: 100% SIZE: 3,275 hectares (32.8 km2) • The region is characterized by mafic to ultramafic rocks associated with the Grenville Province, including gabbros, pyroxenites, and peridotites, which are conduc
Slide 14: Point Rosie H2 Project
TSXV:HDRO | OTCQB:HNATF | FRA:83W POINT ROSIE H2 PROJECT LOCATION: South coast of Newfoundland OWNERSHIP: 100% SIZE: 5,275 hectares (52.6 km2) • The region is characterized by mafic intrusions and volcanic sequences, and known for its extensive mafic dikes and sills, which are ideal candidates for s
Slide 15: Wicheeda North Project
TSXV:HDRO | OTCQB:HNATF | FRA:83W WICHEEDA NORTH PROJECT LOCATION: Central British Columbia • Exploration Opportunity: OWNERSHIP: 75% Earn-in Geophysics (693 line-km) and soil sampling (870 SIZE: 2,138 hectares (21.4 km2) samples) have identified multiple targets defined by • Infrastructure: Located
Slide 16: Crooked Amphibolite, Coquihalla and Cogburn Projects
TSXV:HDRO | OTCQB:HNATF | FRA:83W CROOKED AMPHIBOLITE COGBURN LOCATION: Kamloops Mining Division, BC LOCATION: New Westminster Mining OWNERSHIP: 100% Division, BC SIZE: 2,005 hectares (20.0 km2) OWNERSHIP: 100% SIZE: 632 hectares (6.3 km2) • Part of a high-grade metamorphic complex, consisting of am
Slide 17: Management
TSXV:HDRO | OTCQB:HNATF | FRA:83W MANAGEMENT David Jackson Christopher Longton, CPG Jelena Veljovic CEO & Director VP Exploration CFO Former President and Managing Partner of a Field geologist with experience from greenfields Ms. Veljovic provides accounting services to public veterinary technology
Slide 18: Directors & Advisors
TSXV:HDRO | OTCQB:HNATF | FRA:83W DIRECTORS & ADVISORS Benjamin Asuncion Tim Heenan, QP-Geologist Martin Kowcun, P.Eng Director Director Director Mr. Asuncion has nearly 20 years of experience in the Mr. Heenan has over 30 years of exploration Mr. Kowcun has over 20 years of experience as a Sr. capi
Slide 19: Capital Structure
TSXV:HDRO | OTCQB:HNATF | FRA:83W CAPITAL STRUCTURE Shares (M) C$(M) Basic Shares O/S 7.4 Working Capital 2.4 Warrants 3.8 ITM Warrants - Options 0.7 ITM Options 0.6 Fully Diluted 11.9 Working Capital & Potential Proceeds 2.9 Market capitalization as of July 24, 2026 Market Cap 8.8 TSXV.HDRO Volume
Slide 20: TSXV:HDRO OTCQB:HNATF FRA:83W
TSXV:HDRO OTCQB:HNATF FRA:83W info@primaryh2.com AMEC Place www.primaryh2.com Suite 2010, 801 – 6th Avenue SW Calgary, AB T2P 3W2