CHARBONE Drives Gas Income Growth in Q2 2026

Varennes, Quebec, August 5, 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 announced that preliminary gas income for the three-month period ending June 30, 2026 is expected to increase 155% to $0.5 million from gas income of $0.2 million for the prior three-month period ending March 31, 2026. Gas income relates to revenues across CHARBONE’s hydrogen production and regional supply hubs for all industrial gases. The Company anticipates releasing full financial and operational results for the second quarter ending June 30, 2026, on Friday, August 28, 2026, after markets close at the latest. CHARBONE will also be hosting a webinar on Monday, August 31st at 11:00am EDT which interested parties can register below.

In Q2 2026, CHARBONE is expected to confirm multiple industrial gas sales growth from both the U.S. and Canadian markets such as clean UHP hydrogen sourced from the Company’s own Sorel-Tracy plant in Phase 1A, and UHP helium and UHP oxygen sourced through partners. Demand has accelerated throughout Q2 2026 and is expected to result in increased recurring revenues and new customers. In the meantime, CHARBONE continues to expand its full-stack platform including distribution equipment to support growing demand and expected future sales growth from new and existing customers.

PRELIMINARY Q2 2026 GAS INCOME HIGHLIGHTS:

Gas income is expected to increase 155% to $0.5 million in Q2 2026, compared to $0.2 million in Q1 2026.
In the first half of 2026 for the 6-month period year-to-date through to Q2 2026, gas income is expected to increase 100% to $0.6 million from gas income of $nil in the first half of 2025.
Operating expenses in Q2 2026 are expected to be relatively comparable to that of Q1 2026 with continuous performance improvements without significant changes.

“Our team at CHARBONE is incredibly proud of the momentum we have built over the last quarter, which underscores our unwavering focus on long-term value creation. Through our targeted efforts in North America, we are not only expanding our operational footprint but also reaffirming our promise to deliver impactful, high purity and sustainable gas results that benefit our shareholders and the broader community alike”, said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE.

Charbone to Host Second Quarter Results and Corporate Update Webinar

CHARBONE invites all investors and other interested parties to register for the webinar at the link below. Management will be presenting an overview of its Q2 2026 results, recent operational achievements, and upcoming milestones. There will be an allotted time for Q&A. You may submit your question(s) beforehand in the registration form or live on the webinar platform.

Date: Monday, August 31, 2026
Time: 11:00am EDT
Register: https://info.rbmilestone.com/charbone-webinar-q2-2026

The above table shows the preliminary unaudited gas and other income for the periods noted. These figures are preliminary and unaudited, and actual revenues may differ. The final revenues may be subject to change and will be supplemented by the filing of interim financial statements and MD&A on SEDAR+.

IMPAQ IR contract

On July 16, 2026, CHARBONE announced its engagement of IMPAQ Capital Inc. (“IMPAQ”), an independent service provider, to deliver investor relations services. In connection with this engagement, the Company is providing the following update regarding the compensation granted to IMPAQ.

Stock options previously announced on June 22, 2026 (300,000 options at $0.15 per share, expiring June 22, 2028) were cancelled and regranted on July 13, 2026, under identical terms to aligned with the effective starting date of the agreement. IMPAQ has no interest, directly or indirectly, in CHARBONE or its securities, or any right or intent to acquire such an interest other than the options announced herein.

Momentum Public Relations Inc. Appointment

CHARBONE has retained the services of Momentum Public Relations Inc. (“Momentum”) for services related to its investor and media relations strategies. These services will be primarily provided by Mr. Maxence Gagné-Godbout, who acts at arm’s length from the Company. Under the agreement, Momentum will receive fees of $10,000 per month. The six-month agreement is valid until May 15, 2026. No other compensation is payable under this engagement. The agreement is subject to regulatory approval.

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).

Forward-Looking Statements

This press release contains statements that constitute “forward-looking information” within the meaning of Canadian securities laws (“forward-looking statements”). These forward-looking statements are often identified by words such as “intends”, “anticipates”, “expects”, “believes”, “plans”, “likely”, or similar words. Forward-looking statements reflect the respective expectations, estimates or projections of Charbone’s management regarding future results or events, based on opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations expressed in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to differ materially from those expressed in the forward-looking statements. Risks and uncertainties related to Charbone’s activities may affect forward-looking statements. These risks, uncertainties and assumptions include, without limitation, those described under “Risk Factors” in the Company’s management discussion and analysis for the period ended September 30, 2025, which can be accessed on SEDAR+ at www.sedarplus.ca; they could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Unless required by applicable securities laws, Charbone does not undertake to update or revise the forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.