HYEGHydrogen Engine Center, Inc.

About Hydrogen Engine Center, Inc. (HYEG)

Hydrogen Engine Center, Inc. (HYEG) is a Electrical Equipment & Parts company headquartered in Afton, TN, United States whose shares trade over-the-counter on the Pink tier.

Hydrogen Engine Center Inc. (an NV corporation) is a publicly traded holding company (HYEG) for green energy technologies. Hydrogen Engine Center, Inc. (HEC) is an American company incorporated in 2000 in Nevada under Green Mt. Labs, Inc. In August 2005, the name was changed to HEC. • The company is listed in the OTC stock market under the symbol HYEG. It currently has 260 Million authorized shares, of which c.109 Million are issued. From those: 1. c.11 Million of the issued shares are freely traded and are unrestricted. There are currently c.210 minority shareholders. 2. c.º 98 Million of the issued shares have not been registered under the United States Securities Act of 1933 (under rule 144), which means that the shares are restricted from being freely negotiated in the open market and therefore just could be traded privately. • Since its incorporation, HEC has mainly engaged in manufacturing and marketing devices to produce Grenn Hydrogen. Due to the lack of commercial activity and market for its products, HEC decided to cease its activities in FY20 and currently has no permanent employees. • Given the booming Hydrogen energy market worldwide and the Inflation Reduction Act that rules in the USA, the company has resumed its activities.

Products and services

HEC has carried out a deep market analysis to identify markets where the Multipurpose Modules for the production of green Hydrogen and ammonia could be sold. It has identified the USA as the main market, given the following factors: • Large numbers of farmers in the USA: there are c.2M farmers with an average plot of c.445 acres. These farmers require ammonia to fertilize their crops. With the MPMGNH3, farmers can produce green ammonia for self-consumption and sell it into the market at a profit. Additionally, given that the ammonia produced is 100% environmentally friendly, the farmers will obtain the green label (eco) for its products, increasing average selling prices (profitability increase for farmers). • Incentives from the US Government to produce green Hydrogen: The US grants tax credits up to 3$/kg of green Hydrogen produced as per the “Inflation Reduction Act,” by which the US government expects to be at the forefront of the transition into a clean economy. Additionally, the Biden-Harris administration has announced c.$7 Billion in a Bipartidism Infrastructure Law funding to accelerate Regional Clean Hydrogen Hubs (2/3 of the fund will be associated with electrolysis-based production). • Soft loans: the US Department of Agriculture (USDA) will grant soft loans to farmers amounting up to c.$600k, tenor 40 years, with an interest rate

HYEG key facts

Ticker symbol

HYEG

Market tier

Pink

Sector

Industrials

Industry

Electrical Equipment & Parts

Headquarters

Afton, TN, United States

Country of incorporation

US

Year of incorporation

2000

Employees

4

Estimated market cap

$4.34M (as of Apr 11, 2025)

Shares outstanding

109,803,144

Reporting standard

Alternative Reporting Standard

Audit status

Unaudited

Fiscal year end

12/31

Latest filing

Quarterly Report (Mar 31, 2025)

Hydrogen Engine Center, Inc. leadership

• Pedro J Blach — CEO, President
• Jose Ramon Baranano — CFO
• Lucas Blach Martinez — Consultant

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