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PureWave Hydrogen Provides Default Status Update

Calgary, Alberta — January 30, 2026 — Leads & Copy — PureWave Hydrogen Corp. (TSXV:PWH) has released a default status report, as required by National Policy 12-203 Management Cease Trade Orders (NP 12-203). The Corporation previously announced on December 19, 2025, January 6, 2026, and January 19, 2026, that it could not file its audited financial statements for the year ended August 31, 2025, including related MD&A and CEO/CFO certificates (the “Required Filings”), by the December 29, 2025 deadline.

The Alberta Securities Commission (the “ASC”) issued a temporary management cease trade order (“MCTO”) on January 2, 2026, which will remain in effect until the Required Filings are completed and the ASC revokes the MCTO.

As of this announcement, PureWave Hydrogen Corp. is not subject to any insolvency proceedings. The Corporation has no other undisclosed material information. It anticipates rectifying the default by filing the Required Filings on or before February 27, 2026. The MCTO will remain in effect until the ASC has revoked it.

The Corporation expects to meet other prescribed continuous disclosure filing deadlines while the Required Filings remain outstanding and will provide updates regarding any anticipated subsequent specified defaults according to NP 12-203.

PureWave Hydrogen intends to adhere to the alternative information guidelines under NP 12-203, including issuing bi-weekly default status reports via news releases until the Required Filings are completed.

This release does not have distribution rights in the United States.

Source: PureWave Hydrogen Corp.

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