AmmPower Named as one of the Private Sector Partners in the Port of Corpus Christi Authority’s Horizons Clean Hydrogen Hub (HCH2)

Toronto, ON – AmmPower Corp. (CSE: AMMP) (OTCQB: AMMPF) (FSE: 601A) (the “Company” or “AmmPower”) is pleased to announce that it has been named as one of the private sector partners in the Port of Corpus Christi Authority’s Horizons Clean Hydrogen Hub (“HCH2”).

The Port of Corpus Christi Authority’s HCH2 is one of 33 (out of 79) clean hydrogen hub (“Hub”) concepts that has been encouraged to submit a full Hub application by the U.S. Department of Energy Office of Clean Energy Demonstration (https://portofcc.com/port-of-corpus-christi-receives-invitation-from-doe-to-advance-hydrogen-hub-proposal/). AmmPower’s role as Hub team member would be to build and operate facilities to manufacture green hydrogen and green ammonia.

“AmmPower is extremely pleased to be working with the Port of Corpus Christi to bring green hydrogen and green ammonia production to the Port. These green energy projects are essential elements in the process of decarbonization of key industrial sectors,” said Dr. Gary Benninger, AmmPower CEO and Executive Chairman.

The Port of Corpus Christi, as a landlord port authority and the owner of a shipping channel on the US Gulf Coast, is the prime applicant for the HCH2 and is the common denominator to each of the roughly two dozen discrete clean hydrogen production projects in the proposed Hub.

“AmmPower is pleased with the prospect of being a green hydrogen partner to the Port of Corpus Christi in support of Department of Energy objectives. The U.S. government realizes the vital importance green hydrogen and green ammonia will play in the future of world energy, and Port of Corpus Christi will allow AmmPower to utilize all of its technology stack to be part of this transition,” said Rene Bharti, President of AmmPower.

On Behalf of the Board of Directors

Gary Benninger, Ph.D.

Chief Executive Officer

About AmmPower

AmmPower is a clean energy company focused on the production of green ammonia. The Company is based in Toronto, Ontario, with a research and manufacturing facility in Southeast Michigan. The company is active in all facets of green ammonia production, including the production of green fertilizers, carbon free shipping fuel, and the ‘cracking’, or moving of green hydrogen as ammonia. The company is working on the development of proprietary technologies to produce green ammonia and green hydrogen at scale, including the investigation of unique catalytic reactions to bring down costs and to take advantage of carbon credits in the renewable energy space. AmmPower currently holds several LOIs with ports in Brazil, the United States, and is currently completing its IAMM™ prototype to create green ammonia for the agricultural industry. The company also holds a lithium exploration property in the James Bay/Eeyou Istche region of Quebec and an option on the Titan Property located in Klotz Lake area in Northwestern Ontario.

Investor Relations

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Forward-Looking Statements

This news release includes forward-looking statements that are subject to risks and uncertainties, including with respect to the Company’s development of proprietary technologies. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.