Morning Trading November 30, page-6

PV1 worth putting on watch list imo
2023 Hydrogen
Marine Transport Comparison Report H2Neo World first design approval for bulk hydrogen carrier 4
> Highlights the cost-effectiveness and efficiency of compressed hydrogen
> Underscores compression as the most compelling option for regional transport distances
> Aligns perfectly with REPowerEU’s green hydrogen import targets
> Design approval on time & within budget from the American Bureau of shipping (ABS)
> Leveraged IP, design & approvals to launch 300-600 tonnes H2Leo storage solution
> Successful materials and welding procedure testing and planned Prototype Tank and testing Q1 2024
Design Concept Study for
Tiwi Completed
Development of
Compressed Hydrogen
supply chains in Europe
> Established two collaboration projects for the full value chain to Europe
> Completed Fjord H2 prefeasibility study (PFS) development of 270MW FjordH2 export project
progressing
> Undertaking the PFS of the Afjord Project with Gen2 Energy AS and progressing a joint project study
> Advancing downstream partners with the first MOU with German utility to review compression in
portfolio for import of hydrogen and derivative products
> Design Feasibility completed for Solar Farm and transmission pre-FEED and Owners Engineer
appointed
> Ongoing discussion on suitable land agreements and benefit packages with the Tiwi Land Council
> JV partner process underway to ‘farm-in’ and maximise shareholder value