Primary Hydrogen Announces Consolidation of Common Shares

Executive Summary

• Primary Hydrogen Corp. will consolidate its common shares on a 1‑for‑10 basis, effective February 6 2026, reducing the share count to approximately 4.92 million post‑consolidation shares.
• The trading symbol remains “HDRO,” but a new CUSIP (74167W202) has been assigned to the consolidated shares.
• The consolidation is being executed on a “push‑out” basis; all shareholders of record will receive DRS statements for their post‑consolidation holdings.

Key Details

• Consolidation ratio: 1 post‑consolidation share for every 10 pre‑consolidation shares.
• Approximate post‑consolidation share count: 4,919,141 shares (subject to rounding).
• No fractional shares will be issued; any fractions will be rounded to the nearest whole share.
• Trading symbol remains “HDRO”; new CUSIP for consolidated shares is 74167W202.
• Effective date of consolidation and trading on TSX Venture Exchange: February 6 2026.
• Transfer agent: Odyssey Trust Company, confirming DRS statements for all shareholders as of the effective date.
• The company’s name remains unchanged.

Notable Quotes

(No executive quotes provided in the release.)