Next Hydrogen Closes Over-Subscribed Equity Offering Next Hydrogen Closes Over-Subscribed Equity Offering Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws. TORONTO, Jan. 25, 2021 — Next Hydrogen Corporation (“ Next Hydrogen” or the “ Company”) is pleased to announce that it has closed its previously announced private placement equity financing. The financing was oversubscribed and will allow the Company to execute on its business strategy in 2021 and support its plans to become a listed issuer on the TSX-V. “We have spent the last 12 years fundamentally revolutionizing the cell design architecture of alkaline electrolysers, which has not changed in decades,” said Mr. Walter Howard, Executive Chairman. “Our patented design allows for higher current densities with the same proven materials used by our leading competitors. This provides us with good visibility on significantly reducing the cost of green hydrogen production at scale and providing a sustained cost advantage for our customers. This financing better positions us to drive wide-scale adoption of our green hydrogen solutions to decarbonize the very large transportation and industrial sectors.”