Vancouver, B.C., September 11, 2023 – Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce, fleet  management company, Rivus has released its’ report “First Hydrogen LCV Trial”. This is the first  independent analysis of First Hydrogen’s hydrogen-fuel-cell-powered vehicle (FCEV) versus similar  battery electric (BEV) and diesel vehicles used over the same duty cycles. First Hydrogen is the first  company to demonstrate a FCEV for the light commercial vehicle market on British roads.  

The report provides an impartial first impression of Rivus’ experience with First Hydrogen’s FCEV. The  Rivus report concluded, “…overall, the vehicle performed very well during testing, appearing, much more  robust than BEV in terms of how vehicle efficiency was affected by different load factors.” A copy of the  report can be found on the Company’s website.  

Working with members of the Aggregated Hydrogen Freight Consortium (AHFC) and other significant fleets,  First Hydrogen is delivering a zero-emission road transport experience, free of range anxiety, over real-life  duty cycles. Building on successful trials, the Company has received interest from home-shopping and parcel delivery businesses.  

First Hydrogen’s engineers highlight that, while the vehicles were designed to sustain longer journeys, they  have been equipped with hybrid engines (hydrogen fuel cell and battery), which suit shorter drives in urban  and suburban areas. Regenerative braking helps to recharge the battery, particularly during journeys with lots  of starts and stops, such as driving in built up areas, or routes with multiple stops – including the journeys  delivery drivers make with frequent drop-offs and pick-ups (Drivers can frequently make over 100 stops in a  daily shift).  

Fast hydrogen refueling also reduces the vehicle down-time, i.e., the time a vehicle is off the road and out of  service – refueling First Hydrogen’s FCEV takes approximately five minutes whereas charging a similar  electric vehicle takes around five hours. This extends daily duty cycles, with the vehicles available for longer  shifts across multiple drivers, which provides fleets with greater operational flexibility. 

Global Market Insights projects the parcel delivery vehicle market size will surpass US$210 billion by 2032 in their latest research study. The ecommerce boom continues to fuel growth of the delivery market.  Etailinsights states there are 9.1 million online retailers in the world, trading through their own ecommerce  platforms or online. This retail channel contributes to the number of parcels and, as speed of delivery is crucial  to service, it increases the number of delivery drivers on the roads and therefore the amount of vehicle  emissions. 

About First Hydrogen Corp. (FirstHydrogen.com) 

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles,  green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company  has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under  two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 630+  kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the  same time, the company has launched its bespoke vehicle design phase which will develop its fleet of  proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV 

Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also  pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.  

On behalf of the Board of Directors of 

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

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.

Vancouver, B.C., August 23, 2023 – Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) announces it will be opening  up fleet trials to additional commercial opportunities in response to growing interest from parcel delivery  companies seeking First Hydrogen’s hydrogen-fuel-cell-powered vehicle (FCEV) for express deliveries.  Following successful initial fleet operator road trials in the UK, the Company’s proof-of-concept demonstrator  vehicles are planned for operational trials with several parcel delivery companies looking to enhance their  growing greener fleets starting late Q3 and Q4 of this year. 

Until now First Hydrogen has predominantly targeted industries, such as utilities, that require zero emission  vehicles with the capability to travel further and carry heavier payloads. Parcel delivery companies face a  specific set of challenges, which is encouraging them to explore other zero emissions technology in addition  to battery technology to meet commercial and environmental targets. These fleets make up the middle and  final stages of the supply chain, which traditionally handle shorter journeys to transport items from local hubs  directly to consumers or end users. They are increasingly undertaking longer routes from distribution centers to lockers and shops with parcel collection services or “pick up and drop off points”. With fewer stops, the  locker model creates two thirds less carbon than conventional home deliveries, which could be reduced further  when using greener vehicles1.  

A growing market  

The parcel delivery vehicle market size will surpass US$210 billion by 20322. The ecommerce boom  continues to fuel growth of the delivery market. There are 9.1 million online retailers in the world, trading  through their own ecommerce platforms or online marketplaces3, and sales are predicted to reach US$8.1  trillion by 20264. This retail channel contributes to the number of parcels and, as speed of delivery is crucial  to service, it increases the number of delivery drivers on the roads and therefore the amount of vehicle  emissions. 

Hydrogen mobility and delivery 

First Hydrogen’s engineers highlight that, while the vehicles were designed to sustain longer journeys, they  have been equipped with hybrid engines (hydrogen fuel cell and battery), which suit shorter drives in urban  and suburban areas. Regenerative braking helps to recharge the battery, particularly during journeys with lots  of starts and stops, such as driving in built up areas, or routes with multiple stops – including the journeys  delivery drivers make with frequent drop-offs and pick-ups (Drivers can frequently make over 100 stops in a  daily shift).  

Fast hydrogen refueling also reduces the vehicle down-time, i.e., the time a vehicle is off the road and out of  service – refueling First Hydrogen’s LCV takes approximately 5 minutes whereas charging a similar electric  vehicle takes around 5 hours. This extends daily duty cycles, with the vehicles available for longer shifts  across multiple drivers, which provides fleets with greater operational flexibility. 

Steve Gill, CEO of First Hydrogen Automotive, comments: “Carbon reduction targets, low and zero  emission zones in cities and phasing out of diesel and petrol-powered vehicles is positioning hydrogen mobility  as a realistic solution to the challenges last-mile delivery operators face. Fleet managers are realizing that  battery electric vehicles (BEV) alone will not provide the reliability and operational flexibility required to  meet customer demands. Future fleets require a mix of BEV and FCEV to overcome these obstacles and hit 

– 2 – 

net zero targets. The large, growing parcel delivery sector desperately needs to build environmentally friendly  and commercially viable fleets, and our hydrogen LCV can help to do that. This presents us with an exciting  opportunity to explore a new customer base, enabling us to further accelerate business growth and potentially  bring our vehicles to market quicker.”  

1 Last Mile Experts, Green Last Mile Europe Report, April 2023 

2 Graphical Research, Parcel Delivery Vehicle Market, May 2023 

3 Etailinsights, The 2022 Breakdown of the ecommerce industry 

4 FIS Global Payments Report 2023 

About First Hydrogen Corp. (FirstHydrogen.com) 

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles,  green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company  has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under  two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 630+  kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the  same time, the company has launched its bespoke vehicle design phase which will develop its fleet of  proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV  Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also  pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.  

On behalf of the Board of Directors of 

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

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.

Vancouver, B.C., August 14, 2023 – Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce  award-winning fleet management provider Rivus, which manages approximately 120,000 vehicles, has  provided their positive report on the Company’s hydrogen-fuel cell powered vehicle (FCEV). The report’s  overall conclusion highlighted First Hydrogen’s FCEV robustness over EVs in terms of vehicle efficiency  over different load factors. The report goes on say the FCEV has an unbeatable range, and refuelling was  quick, taking less than 5 minutes.  

The report noted First Hydrogen’s FCEV superiority compared to electric vehicles (EV) in range where  modern electric light commercial vehicles (eLCVs) can achieve ranges of upwards to 240 km which was easily  doubled by First Hydrogen’s FCEV. The Company’s FCEV was not heavily affected by the speed or the  payload, and performed well under different load cycles compared to eLCVs which can experience reductions  in range by approximately 10%.  

First Hydrogen’s FCEV was trialed with Rivus for just over 4 weeks. In that time, engineers at Rivus covered  over 700 miles (1,125 km) of testing. Tests were completed on diverse routes, providing data on how the  vehicle operates under different conditions. This involved urban city centre driving, navigating extra urban  routes i.e., journeys that include driving in town centres and on higher speed roads, and combined routes,  which included a mix of driving on low-speed city centre roads, higher speed roads and motorways. Rivus  tested the van both empty and loaded to 90% of its maximum weight capacity, again reflecting the way vans  will be used in the real world.  

Gemma Horne, Warranty Controller at Rivus, took part in the trials and best described the overall  experience as “brilliant”. She went on to say, “the main benefit of the First Hydrogen vehicle is the refuelling  times are quicker than battery electric vehicles charge times. And of course, unlike internal combustion  engines, hydrogen vehicles produce zero emissions.” 

First Hydrogen’s Automotive CEO, Steve Gill says: “We are delighted that Rivus has managed to prove  that this technology can be a viable option for many fleets. The trial also showed that the vehicle ran with  excellent efficiency, comfortably achieving more than a 500km range on a single tank of fuel, exceeding the  early performance expectations we set for real world driving. We have always been confident that our vehicle  will offer benefits to fleets, and this first trial is evidence of just that.”

First Hydrogen’s All Rushforth with Gemma Horne, Rivus

About First Hydrogen Corp. (FirstHydrogen.com) 

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles,  green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company  has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under  two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 630+  kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the  same time, the company has launched its bespoke vehicle design phase which will develop its fleet of  proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV  Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also  pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.  

On behalf of the Board of Directors of 

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

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.

Vancouver, B.C., August 8, 2023 – Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to report the  successful completion of the first two trials of the Company’s hydrogen-fuel-cell powered vehicle (FCEV)  with SSE Plc (SSE) and Rivus. The FCEV achieved a range of 630 kilometres on a single refuelling during  the trials. Driver feedback from both companies complemented the Company’s FCEV on its smooth and  effortless drivability, quick refuelling times and automatic transmission. The Company will now look to speed  up FCEV trials with the remaining 14 UK fleet operators, including grocery, utility, delivery and health care,  by holding track days with multiple fleet operators. 

Additionally, the Company will open up trials to North American companies. The Global Hydrogen Fuel Cell  Vehicle (FCVs) Market was valued at US$ 9.3 billion and is projected to grow at a CAGR of 15.8% during  2023-2033(1). Hydrogen FCVs offer a viable solution in reducing greenhouse gas emissions, as the FCVs  produce zero tailpipe emissions contributing to cleaner air quality and mitigating the impact of transportation  on global warming.  

Data taken during the trials suggests that overall vehicle performance is even better than expected, as it exceeds  the results set in pre-trial commissioning tests, especially when driven at a constant speed, as less braking and  accelerating means less fuel is consumed. For several journeys, the FCEV drove fully loaded one way and was  partly loaded on the return. SSE drivers noted that heavier loads did not noticeably decrease vehicle speed,  reduce vehicle range, or affect fuel cell performance.  

SSE was the first utility business to road test First Hydrogen’s FCEV. As one of the UK’s largest energy  infrastructure companies, SSE has established a Net Zero Action Plan and has recently increased investment  in renewables and its electricity networks to £18 billion. In 2019, SSE committed to transitioning over 3,000  fleet vehicles to electric by 2023, and already it has over 1,100 full EVs in its fleet.  

Rivus, which manages approximately 120,000 vehicles, including approximately 85,000 LCVs, was the first  fleet management company to test drive the first-of-its-kind hydrogen vehicle on UK roads. Fleet management  specialists Rivus will use data gathered by First Hydrogen’s onboard telematics to make direct performance  comparisons between similar BEV and internal combustion engine (ICE) vehicles that have undertaken the  same duty cycles. 

Balraj Mann, Chairman and Group CEO commented, “As our FCEV data is monitored with each real-world  trial, adjustments have resulted with a 630 km range in the most recent trial with SSE. We are very pleased  with the substantial increase from the 500 km range achieved during FCEV commissioning. Fuel consumption  averaged an efficient 1.58kg H2/100km, the Company looks to improve fuel consumption under various real 

world conditions during additional fleet trials in the coming months. We are seeing with trials that hydrogen  is the better alternative to equivalent battery electric vehicles for commercial use.” 

(1) https://www.globenewswire.com/news-release/2023/06/01/2680455/0/en/Hydrogen-Fuel-Cell-Vehicles-FCVs-market-is projected-to-grow-at-a-CAGR-of-15-8-by-2033-Visiongain.html 

About First Hydrogen Corp. (FirstHydrogen.com) 

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles,  green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company  has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under  two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 630+  kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the  same time, the company has launched its bespoke vehicle design phase which will develop its fleet of  proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV  Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also  pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.  

On behalf of the Board of Directors of 

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

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.

Vancouver, B.C., August 2, 2023 – Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) reports its hydrogen-fuel cell-powered vehicle (FCEV) has achieved a range of 630km on a single refueling during its recent fleet trial  with UK utility, SSE Plc (SSE). The feedback from the drivers was consistently positive. SSE driver feedback  commented that it is “quiet”, “smooth”, and “pleasing to drive” with automatic transition. Furthermore, SSE drivers found the range capability to be extremely impressive and remarked that the First Hydrogen vehicle  behaves more like a diesel vehicle in terms of range, but without the environment damaging emissions. The  FCEV continued to successfully execute the longer routes SSE undertook demonstrating it is compatible with  existing infrastructure. The team noted that refuelling took a matter of minutes when recharging.  

During the trial, SSE predominantly drove the First Hydrogen vehicle on major roads in Aberdeen, Scotland.  Light traffic conditions in the region enabled the vehicle to run at maximum speed limits, when safe to do so,  for longer periods than it had done previously. Even when running at consistently higher speeds the vehicle  maintained good fuel efficiency, consuming an average of 1.58kg H2/100m. During most of the journeys  undertaken, the FCEV maintained its battery at maximum charge by regenerating from braking i.e., the amount  of kWh the battery charged and discharged was comparable, which is testament to the efficiency of First  Hydrogen’s onboard energy management system.  

This data suggests that overall vehicle performance is even better than expected, as it exceeds the results set  in pre-trial commissioning tests, especially when driven at constant speed as less braking and accelerating  means less fuel is consumed. For several journeys, the FCEV drove fully loaded one way and was part loaded  on the return. SSE drivers noted that heavier loads did not noticeably decrease vehicle speed, reduce vehicle  range, or affect fuel cell performance.  

SSE is the first utility business to road test First Hydrogen’s FCEV. As one of the UK’s largest energy  infrastructure companies, SSE has an established a Net Zero Action Plan and has recently increased investment  in renewables and its electricity networks to £18 billion. In 2019, SSE committed to transitioning over 3,000  fleet vehicles to electric by 2023, and already it has over 1,100 full EVs in its fleet.  

Simon Gray, Head of Fleet Services at SSE plc, says: “SSE is focussed on enabling, harnessing and  deploying new technologies and innovations which can accelerate the journey to net zero. This trial period in  Aberdeen has provided us with real-world insights into the performance of a hydrogen vehicle, a level of  understanding that just isn’t possible from test data alone. By gaining firsthand knowledge of the van’s use in  day-to-day scenarios, the feedback from this trial will be invaluable when considering if hydrogen fuel cell  electric vehicles could fit into our fleets of the future.” 

Steve Gill, CEO of First Hydrogen Automotive, comments: “Working with such an enthusiastic team at  SSE meant we were able to undertake different routes and see the vehicle perform in driving conditions it has  not experienced before. We are thrilled that these initial results which are helping us to build a true picture of  the vehicle’s capabilities. The trial data shows efficient performance from the fuel cell and suggests that  heavier payloads and consistent driving at higher speeds do little to diminish range.  

We have welcomed SSE’s enthusiasm for the trial and how receptive the team is to innovation, especially in  the net zero space. The strength of this partnership means we are exploring opportunities to return to Scotland 

– 2 – 

for a winter trial to test the vehicle’s performance in colder temperatures where hydrogen is expected to offer  advantages over other zero emission technologies.”  

About First Hydrogen Corp. (FirstHydrogen.com) 

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles,  green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company  has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under  two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 500+  kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the  same time, the company has launched its bespoke vehicle design phase which will develop its fleet of  proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV  Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also  pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.  

On behalf of the Board of Directors of 

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

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.

Vancouver, B.C., July 26, 2023 – Vancouver, British Columbia – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce Energy Digital has recognized the Company as one of the top 10 companies making an impact in the hydrogen industry(1) . First Hydrogen was named along with Lhyfe, Siemens, BP, Air Products, Plug Power and Neom Green Hydrogen Company as pioneers in the field, advocating for hydrogen-forward global legislation, developing new technologies and producing hydrogen in large sustainable quantities.

This recognition comes as the global green hydrogen production capacity has seen a 44% increase from 2021, reaching over 109,000 tonnes per annum in 2022, according to GlobalData(2) . Goldman Sachs projects clean hydrogen as a major emerging market, with potential to reduce global GHG emissions by 15% and account for up to 30% of the global hydrogen volumes traded internationally(3).

First Hydrogen is targeting emissions through green hydrogen, offering comprehensive solutions to support the shift towards zero-emission fleets. The Company’s hydrogen-fuel cell zero-emission vehicles (FCEV), which utilizes hydrogen and fuel cell technology, boasts a refueling time of less than 10 minutes and a significant range of 500+ km. The FCEVs are currently being trialed in the United Kingdom with major fleet operators ranging from utilities, roadside assistance and health care provides to parcel delivery. The FCEV recently completed trials with RIVUS and SSE Plc. The Company’s FCEV stood-out for its range, smooth driveability and quick refueling.

In Canada, First Hydrogen is underway with a feasibility study to development a 35-megawatt hydrogen production facility and vehicle assembly factory in Shawinigan, Quebec. The assembly facility will be designed for annual production of 25,000 vehicles when at full capacity and the hydrogen-production facility will use advanced electrolysis. The distribution of distribution of First Hydrogen’s FCEV throughout North America will be in combination with the company’s hydrogen-as-a-service product offering.

(1) https://energydigital.com/articles/top-10-hydrogen-companies
(2) https://energydigital.com/articles/Hydrogen-market-growth-to-surge-in-2023
(3) https://energydigital.com/renewable-energy/clean-hydrogen-can-result-in-15-reduction-in-ghg-emissions

About First Hydrogen Corp.

(FirstHydrogen.com) First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 500+ kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the same time, the company has launched its bespoke vehicle design phase which will develop its fleet of proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.

On behalf of the Board of Directors of FIRST HYDROGEN CORP.

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

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.