First Hydrogen signs binding letter of intent with robotics company

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is continuing to advance the robotics transaction announced on February 23, 2026. The parties are currently working toward completion of the definitive agreement. The Company believes this transaction positions First Hydrogen at the intersection of robotics, clean energy, hydrogen, autonomous systems and advanced mobility.

Strategic IP with the Robotics Transaction The robotics sector is experiencing significant growth as automation, labour shortages, AI-enabled systems and autonomous mobility drive demand for advanced robotic platforms and components. Actuation, gearbox and motor technologies are critical enabling components in robotic systems, supporting controlled movement, load handling, precision, durability and efficiency across a range of commercial and industrial applications. The robotics technology company owns or licenses 26 issued and 10 pending patents and related intellectual property, including robotics technology, covering its actuation gearbox and high-performance motor lines.

These technologies have been tested and successfully used in applications including robotics, automotive, and packaging companies worldwide. The actuators combine human-like dexterity with machine precision, converting electrical energy into controlled motion that enables robotic systems to perform complex, repetitive, and hazardous tasks traditionally dependent on manual labour. Robotic actuators are foundational components supporting a broad range of applications, including industrial robotics, electric mobility systems, and emerging autonomous platforms such as unmanned drones.​ The transaction is strategically important as it adds a significant robotics, actuation, and motion-control technology platform to the Company's growing clean energy and advanced mobility ecosystem.

The actuation, gearbox and motor technologies are designed to control motion, enabling robotic systems to perform complex, repetitive, high-load or hazardous tasks. As part of its broader robotics and artificial intelligence strategy, First Hydrogen has incorporated First Humanoid Corp., a wholly owned subsidiary intended to hold, develop and commercialize intellectual property related to robotics, humanoid robotics, autonomous systems and AI-enabled technologies. The Company has also secured the domain names Firsthumanoid.com and Firsthumanoid.ai to support future branding, technology development and commercialization initiatives.

Morgan Stanley Research estimates the humanoids market is likely to reach US$5 trillion by 2050, plus related supply chains as well as repair, maintenance and support. There could be more than 1 billion humanoids in use by 2050. ( https://www.morganstanley.com/insights/articles/humanoid-robot-market-5-trillion-by-2050 ). Transaction First Hydrogen will acquire a 60-per-cent interest in the robotics company, by issuing two million common shares of the company, in stages, and financing $2 million (U.S.) in stages, subject to mutually agreed budgets, for the advancement of the robotics company's technology.

The definite agreement will be subject to acceptance by the TSX Venture Exchange. 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 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 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300697 Newsfile Corp. June 9, 2026 - 12:05 AM PDT News by QuoteMedia www.quotemedia.com