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Press Release

Charbone Announces the Opening of Its First Hub in the United States in Albany, NY

Published by Todd Bush on May 7, 2026

CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“UHP”) hydrogen and other strategic industrial gases, today announces a major step forward in its development with the opening of its third Hub, and first in the United States, located in Albany, New York State.

This new Hub, operated by its subsidiary Charbone Corporation USA, represents a major strategic step in the deployment of the Company’s integrated production and distribution network in North America. Strategically located in the heart of the Northeast technology region, the Albany site will efficiently serve a diverse industrial clientele, including the semiconductor, artificial intelligence, healthcare, aerospace, and advanced industrial process sectors.

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“Albany is much more than a new hub for CHARBONE. It's our strategic entry point into the United States. We're building a local infrastructure to supply essential molecules to the industries of tomorrow, with UHP quality standards, reliable execution, and a long-term vision. This hub positions CHARBONE at the heart of a key technology ecosystem and strengthens our ability to become a leading industrial gas player in North America,” said Dave Gagnon, President and CEO of CHARBONE.

About CHARBONE CORPORATION

CHARBONE is a vertically integrated industrial gases company focused on developing and operating a network of supply hubs for the production, storage, and distribution of Ultra-High Purity (UHP) strategic industrial gases. The Company serves customers across sectors including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies, where UHP gases are critical for high-precision manufacturing processes and operational performance. CHARBONE is advancing a network of clean UHP hydrogen production facilities across North America and selected international markets. The Company’s modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform for all UHP gases, supports scalable growth, enhances operational flexibility, and enables more stable and diversified revenue generation. This model allows CHARBONE to efficiently serve mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, oxygen, and any others that are in high-demand gases that are often difficult to source. The Company is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gases, while addressing supply gaps for underserved industrial customers and accelerating the shift towards localized clean energy. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).

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