MOU Signed between Hago Energetics and Pure One to Advance US Hydrogen Mobility

Camarillo, California Dec 11, 2025 (Issuewire.com) - Pure One and Hago Energetics will collaborate to deploy hydrogen fuel cell vehicles (HFCVs) across the United States.
· The partnership includes access to locally produced hydrogen to support scalable and commercially viable fleet adoption.
· The parties will jointly progress pilot programs, vehicle demonstrations, and initiatives to expand the US hydrogen mobility ecosystem.
· Following recent agreement with Utility Global, this partnership with Hago Energetics provides a structured framework for the Companys expansion into the US zero-emission transport market.

Australian clean technology company Pure One Corporation Limited (ASX: PH2) (Pure One or the Company) is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with Hago Energetics Benefit Corporation (Hago), a US-based hydrogen technology company headquartered in California.

The MOU sets out a framework for collaboration in the United States market, under which Pure One would deploy hydrogen fuel cell vehicles (HFCVs) and Hago, which produces hydrogen from waste gases and solids from agricultural facilities, landfills, and other sources, would provide access to locally produced hydrogen in key deployment regions. The parties will work together to progress vehicle demonstrations and other initiatives aimed at expanding the US hydrogen mobility ecosystem.

The collaboration combines Pure Ones expertise in hydrogen fuel cell vehicle development and deployment with Hagos capabilities in producing clean, reliable, and cost-competitive hydrogen. By aligning vehicle deployments with hydrogen availability, the partnership aims to support operational efficiency for early fleet customers while contributing to the growth of sustainable hydrogen transport in the US.

Pure One will provide insights on vehicle deployment timing, fleet requirements, and customer demand to assist Hago in planning hydrogen supply logistics in selected US regions. Hago will in turn coordinate hydrogen supply and delivery for Pure Ones US customers.

The MOU provides a structured framework for collaboration, setting out how Pure One and Hago can jointly progress initiatives in the US hydrogen mobility sector. Any future arrangements will remain subject to customary conditions, including financing, permitting, and regulatory approvals.

The agreement has an initial three-year term, commencing 1 December 2025, with flexibility for either party to conclude the arrangement with 30 days notice if required. This term allows Pure One and Hago to demonstrate proof of concept while positioning the partnership for longer-term growth.

Pure One Managing Director, Mr Scott Brown, commented: Building on our recent collaboration with Utility, partnering with Hago provides a clear pathway to deploy our hydrogen fuel cell vehicles in the US alongside locally produced hydrogen. The collaboration combines our vehicle development expertise with Hagos capabilities in clean and cost-competitive hydrogen production. By aligning deployments with hydrogen availability, we aim to support early fleet customers, reduce operational risks, and contribute to the growth of a sustainable US hydrogen mobility ecosystem.

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Through this partnership with Hago, we will support vehicle demonstrations and explore additional opportunities for hydrogen access across the US. This approach will help accelerate adoption of hydrogen mobility solutions and strengthen the foundation for a scalable US hydrogen network over the coming year.

For further information, please contact:
Pure One: Managing Director - Scott Brown +61 (2) 9955 4008
Hago Energetics: Wilson Hago, Founder, [email protected]
Released through: Six Degrees Investor Relations - Ben Jarvis +61 (0) 413 150 448
This announcement has been authorised by the Managing Director of Pure One, Mr. Scott Brown

About Pure One Corporation Limited
Pure One is a clean technology focused company seeking to become the leader in the development of Zero Emissions (ZE) vehicles and Energy Projects. It has plans to supply hydrogen fuel as a domestically sourced clean fuel in Australia and other countries. Coupled with its controlling shareholding of HDrive International, Pure One is expanding its line of zero emissions as well as implementing a number of solutions that can allow transition to ZE for commercial customers.

Concurrently, the Company is developing natural gas projects directly in Australia and indirectly in Botswana through a strategic investment it holds in Botala Energy (ASX: BTE), a Botswana-focused energy company listed on the ASX.

Strategically, Pure One will also prioritise incubation for early-stage companies or projects within the clean energy sector, with the aim of realising profits from those investments. For further information see www.pure1corp.com.

About Hago Energetics Benefit Corporation
Hago Energetics is in the business of providing decarbonising solutions to the world. Its focus is to utilise waste resources to produce high value products; in particular, it utilises waste gases and solids from agricultural facilities, landfills, wastewater treatment plants, dairy farms or unmonetised natural gas wells, to produce fuel cell grade hydrogen and biochar. For further information see https://hagoenergetics.com.

Forward-Looking Statements This announcement may contain forward looking statements concerning the financial conditions, results of operations and business of the Company. All statements other than statements of fact are or may be deemed to be forward looking statements. Often, but not always, forward looking statements can be identified by the use of forward looking words such as may, will, expect, intend, plan, estimate, anticipate, continue, outlook, and guidance or other similar words, and may include, without limitation, statements regarding plans, strategies and objectives of management, future or anticipated production or construction commencement date and expected costs, resources and reserves, exploration results or production outputs. Forward looking statements are statements of future expectations that are based on managements current expectations and assumptions, but known and unknown risks and uncertainties could cause the actual results, performance or events to differ materially from those expressed or implied in these statements. These risks include, but are not limited to, price fluctuations, actual demand, currency fluctuations, drilling and production results, resource and reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

Disclaimer To the maximum extent permitted by law, Pure One and their respective affiliates, related bodies corporate, officers, employees, partners, agents and advisers make no representation or warranty (epress or implied) as to the currency, accuracy, fairness, sufficiency or completeness of the information contained in this announcement and expressly disclaim all responsibility and liability for any loss or damage arising in respect of any reliance of the accuracy, fairness, sufficiency or completeness of the information contained in this announcement, or any opinions or beliefs contained in this document. The Company is under no obligation to update or keep the information contained in this announcement current, or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information.