First Hydrogen Completes Successful Track Run in UK

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Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to showcase its hydrogen fuel cell-powered light commercial vehicles (LCV) in operation at the HORIBA MIRA Proving Ground, located near Birmingham, UK. The following link shows the LCVs in operation during its initial test runs, one in fuel-cell and one in battery electric mode (FH Track Run). The vehicles are certified for road use in the United Kingdom (UK), excluding Northern Ireland. Fleet trials with major UK operators are scheduled for January 2023. A total of 14 fleet operators in various industries are engaged to participate in the trials through the UK Aggregated Hydrogen Freight Consortium (AHFC).

The Company is now counting down to the unveiling of its new next generation vehicle. First Hydrogen's next generation vehicle platform is the culmination of 18 months of work by First Hydrogen's Automotive team and represents a major step forward for the Company by providing zero emission, compelling range, payload and overall total cost of ownership for the light commercial vehicle segment.

The Company's commercial vehicle strategy is focused on supplying zero emission LCVs to the UK, European Union, United States and Canada. The global light commercial vehicle market is projected to reach $786.5 billion by 2030¹. These vehicles, together with the Company's Hydrogen-as-a-Service (HaaS) solution, which supplies green hydrogen fuel, distribution and complementing vehicle management services, will help the sector meet zero emission targets.

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First Hydrogen's LCVs

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First Hydrogen and AVL Teams

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Steve Gill, CEO of Automotive for First Hydrogen Limited, says: "We believe that our next generation LCVs represents a holistic solution for commercial fleet operators needing to go green and cost-effectively run their business. We are very excited with our new

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