Infinite Green Energy (IGE), page-22

Samsung Partnership with Infinite Green Energy on Northam Hydrogen Project MEG HP113th February 2023Infinite Green Energy (IGE) is pleased to announce it has entered into a Binding Memorandum of Understanding(MOU) with key Joint Development Agreement(JDA) terms with Samsung C&T to jointly develop and build the MEG HP1 hydrogen plant. The effective date as of Monday the 13th of February. The plant will produce up to 4 tonnes per day of green hydrogen to meet the expected growth in hydrogen demand for medium and heavy-duty transport.IGE CEO, Stephen Gauld, said he was thrilled to announce the partnership with Samsung, partnering with such a global brand brings so much credibility to our company, shareholders, strategic partners, and buyers of our future fuel.“Samsung already committed resources from its HQ in South Korea, Dubai & Australia to deliver this project and resources are now working in the IGE office here in Perth,” said Mr Gauld.“The partnership highlights IGE’s commitment not just to fight climate change, but also to see the benefit from green energy production on Traditional Country of Ballardong Noongar.”Samsung C&T Vice President, Andrew Ahn says participation in this project aligns strongly with the values and vision of Samsung. “We are committed to fast tracking the energy transition, creating opportunities for people and businesses. Production of green hydrogen is a key component of that story.” Stephen Gauld – IGE CEO & Andrew Ahn Samsung - VPMedia Contacts:L to R:A Buckler, Y. Gauld, S. Gauld, A. Ahn, N. Temurlenk, W. Park.