Fusion Fuel Green PLC to Convene Extraordinary General Meeting on Proposed Acquisition of Royal Uranium Inc., Conversion of Preferred Shares and Change of Name to Fusion Elements plc

About this update from Fusion Fuel Green Plc

Board Unanimously Recommends Shareholders Vote “For” All Three Resolutions; Investor Update Video and Presentation Expected to Be Released on May 27, 2026 Dublin, Ireland, May 18, 2026 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”) today announced that it will convene an Extraordinary General Meeting (the “EGM”) of its shareholders on June 8, 2026 at 1:00 p.m. Irish Time (8:00 a.m. Eastern Time), to be held at the offices of Arthur Cox LLP, Ten Earlsfort Terrace, Dublin 2, D02 T380, Ireland. At the EGM, shareholders will be asked to consider three resolutions, which are summarized below and described in a Circular to Shareholders and Notice of Extraordinary General Meeting, dated May 15, 2026 (the “Circular”). The Board of Directors of the Company (the “Board”) unanimously recommends shareholders vote in favor of each resolution. Resolution 1, Approval of the Royal Uranium Inc. Acquisition, is to approve the acquisition by the Company (or any nominated subsidiary of the Company) of Royal Uranium Inc. (“Royal Uranium”), pursuant to and in accordance with the terms of the Share Exchange Agreement dated February 18, 2026, and authorize the directors of the Company to agree to such modifications, variations, revisions, waivers, extensions, additions or amendments to any of the terms and conditions of the acquisition and/or to any documents relating to it, as the directors (or any duly authorized committee thereof) may in their absolute discretion think fit, provided such modifications, variations, revisions, waivers, extensions, additions or amendments are not of a material nature. Resolution 2, Conversion of Preferred Shares, is to approve the conversion of 4,171,327 preferred shares of $0.0001 each in the capital of the Company previously designated by the Board as Series A Convertible Preferred Shares, and which were issued pursuant to the terms of the stock purchase agreement dated November 18, 2024 among Quality Industrial Corp. (“QIND”), the Company, Ilustrato Pictures International Inc. and other shareholders of QIND, into such number of ordinary shares of $0.0035 each in the capital of the Company as determined in accordance with the conversion terms fixed by the Board and pursuant to the Certificate of Designation of Preferences, Benefits and Limitations of Series A Convertible Preferred Shares of Fusion Fue...

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