Non-Convertible Working Capital Loan from CEO

Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat, announces that, it was notified that Aleksandra Binkowska, Chief Executive Officer of HUI, will be drawing down a first tranche of £500,000 under a non-recourse personal loan facility of up to £3,000,000, pledging security over 50,000,000 ordinary shares representing 12.97% of her 42.32% shareholding in the capital of the Company. The personal loan facility has a term of 5 years but can be repaid after 2 years. Upon redemption of the personal loan facility, the pledged shares must be returned.

It is the CEO's intention to support HUI's working capital needs with the proceeds of this personal loan facility in the short to medium term without having to resort to a dilutive equity raise.

The Board (Aleksandra Binkowska recusing herself) has considered the proposed arrangements and the reasons for it and has confirmed that it agrees to these arrangements.

Aleksandra Binkowska, CEO of HUI, commented: "HUI is not just another lifestyle PLC. For me, it is a personal calling, driven by my deep belief in the necessity and profitability of this technology. Despite the many challenges we've encountered from the very start, my confidence in HUI's success has never faltered. I understand that many of you, fellow investors, share concerns about the current market conditions - I feel them deeply. I want to reassure you that I am fully committed to ensuring HUI never falls into a dilemma of heavily discounted fundraises. To that end, I have stepped in to personally provide HUI with the necessary financial support, through a personal lending facility structured to minimise the risk of my shares leaking onto the market in any way, as they will remain in my name. This facility eliminates the need for any heavily discounted dilutive actions that have become a common theme in small-cap companies. The funds will allow HUI to continue on its fundamental path to build the first plastic-to-hydrogen facility, with the assistance of future revenue from the acquisition of 49% of Ohrid Organics."

• Details of the person discharging managerial responsibilities/persons closely associated
• Name: Aleksandra Binkowska
• Reason for the Notification
• Position/Status: Chief Executive Officer
• Initial Notification/Amendment: Initial
• Details of Issuer
• Name: Hydrogen Utopia International PLC
• LEI: 213800COE9HVHUKUE126
• Description of the financial instrument, type of instrument/Identification code (ISIN): Ordinary Shares / ISIN: GB00BMFR8J48
• Nature of the transaction: Pledging of shares
• Price(s) and volume(s):

Price Volume

N/A 50,000,000

Aggregated information:

Aggregated volume

50,000,000

Price N/A

• Place of the transaction: Outside of a trading venue