Slide 1: Q2 2026 Results & Corporate Update
TSXV: CH OTCQB: CHHYF FSE: K47 Q2 2026 Results & Corporate Update August 31, 2026
Slide 2: Disclaimer
Disclaimer This Corporate Presentation (“Presentation”) has been prepared by CHARBONE Certain statements in this Presentation are forward-looking statements which may Although CHARBONE believes that the expectations represented in such forward-looking Corporation (“CHARBONE”) with market information
Slide 3: CHARBONE is a vertically integrated industrial gases company
CHARBONE is a vertically integrated industrial gases company INDUSTRIAL GASES FOR ALL APPLICATIONS H2 He O2 C2H2 Ar N2 N2O CO2 CO + all other Hydrogen Helium Oxygen Acetylene Argon Nitrogen Nitrous Oxide Carbon Dioxide Carbon Monoxide gases 2026 Future CHARBONE’S INDUSTRIAL GASES PLATFORM Clean UHP
Slide 4: CHARBONE Snapshot
CHARBONE Snapshot Unmatched Clean & Community-Driven purity Sustainable Growth Supplying Ultra-High-Purity (UHP) gases Cleanest available local renewable Human-scale, transparent and locally meeting the most stringent industry energy sources for production and rooted — building regional networks req
Slide 5: CHARBONE Second Quarter 2026 Results & Activities
CHARBONE Second Quarter 2026 Results & Activities Q2 RESULTS Gas Income Q2 vs Q1 2026 Gas Income YTD PP&E Assets +155% +100% +C$3.5M C$0.5M in Q2 2026 vs. C$0.2M in Q1 2026 C$0.6M in H1 2026 vs. nil in H1 2025 increase in PP&E since December 31, 2025 Q2 HIGHLIGHTS & RECENT ACTIVITIES Recurring reven
Slide 6: A Critical Backbone of the Modern Economy
Industrial Gases Industry GLOBAL ULTRA-HIGH PURITY (UHP) GAS MARKET A Critical Backbone of the • Market Size: Projected growth from US$37.5B in 2025 to US$52.8B by 2030 (CAGR of 7.1%) 1 Modern Economy • Demand Drivers: Semiconductors, AI & data centers, advanced pharma, aerospace & defense 1,2 • Sup
Slide 7: Hydrogen & Helium: High-Growth, High-Margin, Undersupplied
Industrial Gases Industry H2 He Hydrogen & Helium: High-Growth, Hydrogen Helium High-Margin, Undersupplied H2 CLEAN UHP HYDROGEN He HELIUM • Global hydrogen demand reached nearly 100 million tonnes in 2024, • Classified by the EU, Canada and the U.S. as a strategic critical material less than 1% from
Slide 8: Not all hydrogen is created equal
Industrial Gases Industry 99.999%+ Not all hydrogen is created equal Ultra High Purity (UHP) STEAM METHANE REFORMER (SMR) CARBON CAPTURE (CCS) ELECTROLYSIS (CHARBONE’S CLEAN� ULTRA-HIGH PURITY HYDROGEN) Hydrogen 2,4 Production Method 1 Fossil-based (SMR) SMR + CCS Electrolysis (powered by low-carbon
Slide 9: Competitive Landscape
Industrial Gases Industry Competitive Landscape CENTRALIZED MEGA PLANTS DECENTRALIZED, LOCAL, FOR INDUSTRIAL GASES MODULAR PLANTS CHARBONE has no known advanced-stage competition in the modular, decentralized clean UHP hydrogen production market CHARBONE's modular, decentralized approach directly so
Slide 10: Why the Market Is Ripe for a Disruptive Modular Approach
Industrial Gases Industry Why the Market Is Ripe for a Disruptive Modular Approach MEGA HYDROGEN PLANTS MODULAR LOCAL / DECENTRALIZED PRODUCTION (CENTRALIZED MODEL) (CHARBONE MODEL) Production Scale 1, 3 Very Large Small to mid-scale modular units that scale with demand (3 - 7+ years to deploy; perm
Slide 11: Clean Hydrogen Has Passed The Trough of Disillusionment
Clean Hydrogen Has Passed The Trough of Disillusionment EXPECTATIONS Innovation Peak of Inflated Trough of Slope of Plateau of Trigger Expectations Disillusionment Enlightenment Productivity H2 Hydrogen Focus on where expected to power it makes sense. Hydrogen delivers almost everything Better proje
Slide 12: Sorel Tracy Project Overview
STRONG INFRASTRUCTURE Sorel Tracy Project • Near Montreal (50 min.) Ultra High Purity (UHP) • Highways: Directly on Highway 30 “The Steel Highway” with access to 401 Hydrogen Production and Interstate 87, 89, 91, 93 Pr ty • 3 steel mills within 50 miles . ov ic Ci nt c la e • Railway (3 tracks) At e
Slide 13: Sorel Tracy Project Phase 1-2
Sorel Tracy Project Ultra High Purity (UHP) Hydrogen Production PHASE 1-2 2.25 MW scaled up to 4.75 MW 5,000 sq. ft building Initially deploying: • 2 electrolyzers with a capacity of 2.25 MW • Compressors • Storage Status: Commercially producing PHASE 1-2 TSXV: CH | OTCQB: CHHYF 13
Slide 14: Sorel Tracy Project Expansion Phase 3-5
Sorel Tracy Project Ultra High Purity (UHP) Hydrogen Production PROJECT EXPANSION PHASE 3-5 4.75 MW scaled up to 25.65 MW 30,000 sq. ft building PROJECT EXPANSION TSXV: CH | OTCQB: CHHYF PHASE 3-5 14
Slide 15: Projected Financial Performance (Phases 1-2)
Sorel Tracy Project Ultra High Purity (UHP) Hydrogen Production HyChem by PROJECTED FINANCIAL PERFORMANCE (PHASES 1-2) CURRENT STATUS Project Q4 2025: Phase 1A successfully launched Financials Phase 1 Phase 2 Strong network of offtake customers Q4 2025: Continuous commercial production and initial s
Slide 16: Hydrogen Production Portfolio Expansion: Michigan and Wisconsin
Canada Hydrogen Production Quebec Portfolio Expansion Minnesota DETROIT, MICHIGAN, USA Strategically Located: t o j ec • Proximity to growing semiconductor and advanced manufacturing Pr Ontario a cy facilities in the Great Lakes corridor that use hydrogen today and are r re l-T under pressure to cut
Slide 17: Hydrogen Production Portfolio Expansion: Malaysia
Canada Hydrogen Production Quebec Portfolio Expansion Minnesota MALAYSIA, ASIA-PACIFIC Malaysia Focus: Clean UHP hydrogen production targeting semiconductor, electronics and advanced manufacturing industries across Southeast Asia Ontario Indonesia Partner: Green Hydrogen ASIAPAC SDN BHD Model: Asset
Slide 18: Regional Supply Hubs
Regional Supply Hubs For storage and distribution supporting CHARBONE hydrogen production and other industrial gas sales • Vertically integrated platform delivering clean UHP hydrogen and critical industrial gases through a decentralized network of regional supply hubs • Developing hubs in Ontario,
Slide 19: Corporate Milestones
Corporate Milestones CLEAN UHP HYDROGEN PRODUCTION PLANTS Q4 2025 H1 2026 H2 2026 Phase 1A launched Sorel-Tracy Multiple US and Canadian sales (Q1) Launch Phase 1B Initial H2 revenues (Quebec, Canada) Scale-Up Phase 1B Scale-Up Phase 2 Continuous commercial production Detroit Site selection Scale-Up
Slide 20: Share Metrics & Team
TSXV: CH OTCQB: CHHYF FSE: K47 Share Metrics Share SHARES OUTSTANDING WARRANTS CONVERTIBLE DEBT OPTIONS FULLY DILUTED 289,893,228 43,380,377 41,099,000 & Team Structure* (avg price of C$0.09) 7,550,000 381,922,605 *As of August 27, 2026 FOUNDERS & PA R T N E R S Management and Directors Market Cap D
Slide 21: Takeaways: Unmatched Purity
Regional Supply Hubs for local storage and distribution support Charbone clean UHP hydrogen production and industrial gas sales Opportunities to invest in a vertically integrated Takeaways UHP industrial gases Network of decentralized, modular and scalable clean UHP production plants close to end us
Slide 22: Contact Us
Contact Us CHARBONE CORPORATION 1645, Lionel-Boulet Blvd, suite 304, Varennes, QC, Canada, J3X 1P7 Clean UHP Hydrogen Production • Regional Industrial Gas Supply TSXV: CH | OTCQB: CHHYF Dave Gagnon, Chief Executive Officer Benoit Veilleux, Chief Financial Officer Daniel Charette, Chief Operating Office