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February 23, 2023

The facility will be owned by a newly formed company, Raven SR S1 LLC (Raven SR S1). Raven SR will be the operator of the facility, which is targeted to come online in the first quarter of 2024. "Through Hyzon's partnership with Raven, hydrogen supply can be synchronized with the demand for hydrogen fuel cell electric vehicles. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements.

The source of this news is from Hyzon Motors