Ann: Quarterly Activities / Cashflow Report, page-4

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piwi33

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14/04/25

15:43

Post #: 78683875
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Originally posted by clotski: ↑

An excellent progress report. I especially like this bit about the independent verification of the Hazer process:

Additionally, during the Quarter, Hazer engaged Lloyd's Register, a globally recognized independent assuranceprovider, to conduct a comprehensive assessment of the CDP's operational stability and process verification during the performance test program carried out during 2024. The verification process involved a detailed reviewof operational data, on-site inspections, and analysis of production outputs. This work provided importantvalidation, which is critical to the commercialisation of Hazer technology.

Key findings include:
• Demonstrated process stability and continuous operation over a 7-day period.
• Verification of robust process control and monitoring systems, supporting reliable and safe operations.

During the test period, the Company also verified the following key observations:
• Consistent methane conversion rates, meeting or exceeding design specifications at operatingtemperature and pressure.
• Hydrogen and graphite outputs consistently achieving required purity and quality standards forcommercial applications.
• Emissions and waste management processes confirmed to be compliant with environmental regulationsand Hazer's low-carbon objectives.

This independent assessment provides strong third-party validation of the Hazer® Process technology and itsreadiness for commercial-scale deployment.

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I want to know why they didnt mention the insurance assessment during rhe quarter. Arent they meant to be letting us know about positive stuff? Or is it the fact it only just completed?

HZR Price at posting: 33.0¢ Sentiment: None Disclosure: Held
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Ann: Quarterly Activities / Cashflow Report, page-4

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Ann: Quarterly Activities / Cashflow Report, page-4

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