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First Hydrogen Corporate Overview and Beyond

MWN-AI** Summary

First Hydrogen Corp. (TSXV: FHYD) is a Vancouver-based clean energy company that focuses on creating a zero-emission ecosystem through innovative technologies and products. As part of its commitment, the Company has recently partnered with the University of Alberta to advance research on molten salt fuel for Small Modular Reactors (SMRs). This initiative, spearheaded by Professor Muhammad Taha Manzoor, aims to develop non-radioactive surrogate molten salt fuel mixtures, facilitating early-stage research and prototype development without the complexities associated with radioactive materials.

First Hydrogen's long-term vision is to synergize stable, clean energy from SMRs with electrolysis to produce green hydrogen, benefiting multiple sectors, including data centers and hydrogen fuel-cell vehicles (FCEVs). The Company has already made significant strides, having designed and successfully tested light commercial FCEVs in the UK, achieving over 6,000 km of trial runs and a range of 630+ kilometers on a single refueling.

In addition to vehicle development, First Hydrogen is actively engaged in establishing green hydrogen production facilities and distribution networks. Its First Nuclear subsidiary plays a crucial role in exploring how SMRs can reliably power green hydrogen production, particularly at off-grid or remote locations. By prioritizing molten salt reactor designs, First Hydrogen aims to leverage their safety and efficiency in producing sustainable energy.

Overall, First Hydrogen Corp. is positioned as a forward-thinking company poised to lead the clean energy transition through its comprehensive approach to hydrogen production, vehicle development, and the integration of advanced nuclear technologies. The Company continues to drive its strategies forward, focusing on the growing demand for sustainable energy solutions in an increasingly environmentally-conscious world.

MWN-AI** Analysis

First Hydrogen Corp. (TSXV: FHYD) presents opportunities for investors in the burgeoning clean energy sector. With its strategic focus on green hydrogen production and deployment of hydrogen fuel cell electric vehicles (FCEVs), the company's initiatives are well-aligned with the growing global emphasis on sustainable energy solutions.

The partnership with the University of Alberta to explore molten salt fuel technology represents a significant milestone in First Hydrogen's R&D efforts. By developing alternative non-radioactive fuels for Small Modular Reactors (SMRs), the company aims to optimize energy production processes while minimizing regulatory hurdles often associated with traditional uranium-based systems. This move underpins the company's long-term vision of producing green hydrogen, pivotal for the electrification of transport and various industrial applications.

First Hydrogen's commitment to vertically integrated operations, spanning hydrogen production, distribution, and vehicle design, differentiates it within the marketplace. The successful trials of its FCEVs in the UK market demonstrate both product viability and market demand. This operational breadth enhances resilience against market fluctuations while providing numerous revenue streams.

Investors should note the company's acute focus on SMR technology, given its potential to provide consistent, low-cost electricity — a critical factor for supporting hydrogen production processes. The Company’s proactive approach to tackling energy security and developing sustainable alternatives to fossil fuels positions it favorably against industry rivals.

While promising, investors should remain cautious. First Hydrogen is still in the early stages of development, exposing it to various risks — from regulatory obstacles to financing challenges. Additionally, there's significant competition in clean energy, suggesting that market dynamics could shift rapidly.

Overall, First Hydrogen's multifaceted strategy provides a compelling investment thesis centered around future growth in clean energy and hydrogen economies. Investors are advised to consider both the inherent risks and the sizeable potential rewards associated with this nascent yet promising sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to provide an update on corporate developments. The Company is currently involved in advancing clean energy technologies for a zero-emission ecosystem.

Molten Salt Fuel Research

In the press release dated November 25, 2025, First Hydrogen announced the launch of a focused technical research program with the University of Alberta. The work is directed by Professor Muhammad Taha Manzoor and marks the first phase of a broader program on reactor fuel materials, design and design optimization for SMRs, with the goal of supporting First Hydrogen's longer-term plan to pair firm, clean energy with green hydrogen production, data centres and AI-driven power demand.

Objective: The goal is to identify and recommend non-radioactive "surrogate" molten salt fuel mixtures that mimic the properties of actual uranium-bearing fuel salts.

Purpose: This initial phase is crucial for early lab-scale experimentation and prototype development, as it allows for research and de-risking without the regulatory and complexities associated with radioactive materials.

Next Steps: The outcome of this research will guide the Company's next R&D activities, including lab setup, experimental planning and collaboration with material suppliers.

Long-Term Vision: The Company's long-term vision is to pair the stable, clean energy from SMRs with electrolysis to produce green energy including green hydrogen, which would support data centres, AI infrastructure, and its hydrogen-powered fuel-cell vehicles.

First Hydrogen's Broader Clean Energy Focus

First Hydrogen Corp., is a clean energy and technology company focused on vertically integrated green energy ecosystem, including:

Hydrogen energy: First Hydrogen has designed and built hydrogen-fuel-cell-powered light commercial vehicles (FCEVs) that have been successfully trialed with fleet operators and large multinational companies in the U.K.

Hydrogen Production & Distribution: developing green hydrogen production facilities and distribution networks.

SMR Integration: Utilizing its First Nuclear subsidiary to explore the integration of SMRs as a consistent, low-cost power source for green hydrogen production, especially for off-grid or remote industrial sites.

The Company views SMRs, particularly molten salt designs, as a key part of its strategy due to their enhanced safety features, efficiency, and ability to provide a consistent power source compared to intermittent renewables like solar and wind.

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 Nuclear 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.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.
"Balraj Mann" 
Chairman & Chief Executive Officer

Contact:
Balraj Mann
First Hydrogen Corp.
604-601-2018
[email protected]

Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward-looking information is provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.

The forward-looking statements made in this news release are based on management's assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management's experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen's products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.

The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278164

FAQ**

How is First Hydrogen Corp. FHYD:CC planning to leverage its research collaboration with the University of Alberta to advance clean energy technologies in Vancouver, British Columbia?

First Hydrogen Corp. plans to leverage its research collaboration with the University of Alberta to enhance clean energy technologies in Vancouver by focusing on hydrogen fuel innovations and sustainable solutions that support local and regional energy goals.

What specific regulatory challenges does First Hydrogen Corp. FHYD:CC anticipate facing in Vancouver as it develops its molten salt fuel program and hydrogen production facilities?

First Hydrogen Corp. anticipates facing regulatory challenges in Vancouver related to environmental assessments, safety compliance for innovative fuel technologies, zoning approvals for hydrogen production facilities, and adherence to evolving policies on clean energy transitions.

In what ways is First Hydrogen Corp. FHYD:CC's focus on integrating SMRs into its clean energy strategy expected to impact the local energy landscape in Vancouver, British Columbia?

First Hydrogen Corp.'s focus on integrating Small Modular Reactors (SMRs) into its clean energy strategy is expected to enhance local energy resilience, reduce greenhouse gas emissions, and stimulate economic growth through job creation and sustainable energy innovation in Vancouver.

How does First Hydrogen Corp. FHYD:CC's commitment to zero-emission vehicles align with Vancouver's sustainability goals and policies aimed at reducing greenhouse gas emissions?

First Hydrogen Corp.'s commitment to zero-emission vehicles supports Vancouver's sustainability goals by contributing to the city's efforts in reducing greenhouse gas emissions, enhancing air quality, and promoting the transition towards a more sustainable and eco-friendly transportation system.

**MWN-AI FAQ is based on asking OpenAI questions about First Hydrogen Corp. (TSXVC: FHYD:CC).

First Hydrogen Corp.

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December 16, 2025 03:05:00 am
First Hydrogen Corporate Overview and Beyond

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