First Hydrogen Welcomes European Commission's Launch of Hydrogen Mechanism and New H2 Matchmaking Platform

Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is encouraged by the European Commission's announcement of its first call for hydrogen suppliers under the newly launched Hydrogen Mechanism, a supply-and-demand matchmaking platform within the European Union (EU) Energy and Raw Materials Platform. The initiative is designed to accelerate the growth of Europe's emerging clean-hydrogen economy by directly connecting hydrogen buyers with producers and project developers.

First Hydrogen is pleased by the EU's proactive measures to stimulate hydrogen projects and adoption. This provides a pathway to de-risk projects, identify offtake partners, secure commercial commitments and engage with EU-based financial institutions. The platform will help companies like First Hydrogen advance its hydrogen-fuel-powered vehicles and green energy production projects (via small modular reactors) in Europe.

The H2 Matchmaking Platform aims to resolve one of the sector's longstanding barriers: the lack of binding offtake agreements, which has slowed final investment decisions for renewable and low-carbon hydrogen projects across the EU. The EU aims to reach climate neutrality by 2050 and become independent from Russian fossil fuel before 2030.

Key features include:

• Purpose: streamlines the process for producers and buyers to identify commercial partners, enabling early-stage project financing and guiding broader infrastructure development.
• Process: Aggregates voluntary data on both supply and demand for renewable and low-carbon hydrogen and its derivatives.
• Scope: Open to both domestic European and international hydrogen suppliers, broadening markets access for qualified companies.
• Participation: Companies may now register on the platform to submit supply offers and review demand requests.

"Europe continues to demonstrate strong leadership in building a robust hydrogen economy," said Balraj Mann, CEO of First Hydrogen Corp. "First Hydrogen has developed and trialed hydrogen-fuel-cell-powered light commercial vehicles (FCEVs) and is working on green energy production opportunities in the UK, EU, and North America."

For further information, please contact:

First Hydrogen Corp.
Investor Relations
Email: info@firsthydrogen.com
Website: www.firsthydrogen.com

About First Hydrogen Corp. (FirstHydrogen.com)

First Hydrogen Corp. is a Vancouver, Montreal, Germany and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution. The Company has designed and built two hydrogen- fuel-cell-powered light commercial vehicles ("FCEV"). The FCEV are road-legal in the United Kingdom (excluding Northern Ireland) with 6,000 km of testing completed and have achieved a range of 630+ kilometres on a single refueling. The vehicles have successfully been trialled in real-world conditions with fleet operators in the United Kingdom.

About First Nuclear Corp. (FirstNuclear.com)

First Hydrogen Corp. is committed to developing and commercializing advanced clean energy solutions, including green hydrogen produced by state-of-the-art Small Modular Reactors. The Company aims to provide scalable, sustainable, and economically viable alternatives to meet global climate goals and enhance energy security.

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