Home Production team First Hydrogen Adds Schipstra to Green Hydrogen Production Team

First Hydrogen Adds Schipstra to Green Hydrogen Production Team


Vancouver, British Columbia–(Newsfile Corp. – July 18, 2022) – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (“FIRST HYDROGEN“or the”Company“) is pleased to announce that its subsidiary, First Hydrogen Limited, has appointed Afkenel Schipstra as Chief Operating Officer to develop the Energy division. Ms. Schipstra joins First Hydrogen from multinational utility ENGIE, where she held the as Senior Vice President of Hydrogen Business Development, she was responsible for large-scale hydrogen projects in the Netherlands, including HyNetherlands, a 1.85 GW green hydrogen value chain, which spans the production, transport and use of green hydrogen.She is also a non-executive director and Chairman of the audit and risk committee of HydrogenOne Capital Growth plc., the first hydrogen fund to be listed on the Stock Exchange. London.

Prior to ENGIE, Afkenel was head of the hydrogen program at TSO Gasunie NV, where she developed a roadmap for the company’s hydrogen business and, in her previous role as senior business development manager, she worked on capturing , Carbon Utilization and Storage (CCUS) and District Heating Projects. Passionate about bringing more women into the industry, she is an active member of Women in Hydrogen and a founding member of VIEN, a community of energy leaders committed to bridging the diversity gap to create a sustainable and inclusive future for the sector.

Afkenel holds a master’s degree from the Rotterdam School of Management, is a Chartered Financial Controller and has over 15 years of extensive experience in corporate leadership and financial management for the energy sector. At First Hydrogen, she will help the Company establish environmentally friendly green hydrogen production sites and supply its fueling solutions, a key part of First Hydrogen’s ambition to secure green hydrogen supply to its clients.

Nick Wrigley, President of First Hydrogensays: “Afkenel brings both her passion and deep expertise in managing and financing hydrogen projects to the team. She joins us at an exciting time in our development of hydrogen infrastructure; planning is underway for our first green hydrogen production sites in the UK and we are working with FEV Consulting to develop our refueling technology and leading this work will build our Hydrogen-as-a-Solution model, which tackles to chicken and egg problem that challenges the adoption of hydrogen vehicles and will help deliver a zero-emissions future. We’re also excited that it’s helping us drive diversity in the energy and automotive sectors, as this milestone helps us accelerate innovation and change. »

Afkenel Schipstra, Chief Operating Officer for First Hydrogen Energycommented: “Profound changes are underway in the global energy system. Governments, industries and consumers are shaping a net-zero economy, with clean hydrogen set to play a vital role as a raw material, vector of energy and fuel. This is an opportunity to be part of a forward-thinking, game-changing company with a truly talented international team fully committed to developing a more sustainable future. By growing this emerging economy, we will also be able to encourage more people to find rewarding careers in this rapidly changing industry.

I am thrilled and privileged to begin this new journey and work across the value chain to help First Hydrogen chart the course towards a zero-emissions future. »

About First Hydrogen Corp. (FirstHydrogen.com)

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide removal systems. The company designs and builds demonstration light utility vehicles (“LCVs”) powered by hydrogen fuel cells under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a range of more than 500 kilometres. At the same time, the company has launched its bespoke vehicle design phase which will develop its fleet of zero-emission clean vehicles. First Hydrogen is also developing refueling capability in conjunction with FEV Consulting GmbH, the automotive consultancy of the FEV Group of Aachen in Germany. The Company is also looking for opportunities in the production and distribution of green hydrogen in the UK and elsewhere.

On behalf of the Board of Directors of

Balraj Mann
President, CEO and Director

Balraj Mann
First Hydrogen Corp.
[email protected]

Caution Regarding Forward-Looking Statements This press release contains information or statements that constitute “forward-looking statements”. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements or developments to differ materially from any anticipated results, performance or achievements expressed or implied by such forward-looking statements. . Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects”, “plans”, “anticipates”, “believes”, “has intention”, “believes”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “could”, “might” or “should” occur.

Forward-looking information may include, but is not limited to, statements regarding operations, activities, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, objectives, objectives progress, milestones, strategies and outlook for First Hydrogen, and include statements regarding, among other things, future developments and First Hydrogen’s future operations, strengths and strategies. Forward-looking information is provided for the purpose of presenting information about management’s current expectations and plans regarding the future, and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be construed as guarantees of future performance or results.

Forward-looking statements made in this press release are based on management’s assumptions and analysis and other factors on which management may rely to draw conclusions and make forecasts or projections, including the management experience and assessments of historical trends, current conditions and future forecasts. developments. Although management believes these assumptions, analyzes and assessments to be reasonable at the time the statements in this press release are made, actual results may differ materially from those projected in the forward-looking statements. Examples of risks and factors that could cause actual results to differ materially from forward-looking statements may include: the timing and unpredictability of regulatory action; regulatory, legislative, legal or other developments relating to its operations or activities; limited marketing and sales capabilities; early stage of industry and product development; limited products; recourse to third parties; adverse publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital and liquidity requirements; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; changes in demand for First Hydrogen’s products and the size of the market; patent law reform; patent and intellectual property litigation; conflicts of interest; and general market and economic conditions.

The forward-looking information contained in this press release represents First Hydrogen’s expectations as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely on such information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.


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