Hydrogen Utopia International PLC

 (the "Company" or "HUI")

Non-Executive Chairman Simon Mann

It is with great sadness that the Board announces the passing of Simon Mann, Non-Executive Director of HUI.

Simon was a passionate advocate of HUI's mission. He worked tirelessly with Aleksandra Binkowska to realise the roll out of HUI's waste plastic to hydrogen facilities. 

He will be long remembered and thoroughly missed. Our thoughts are with his family and friends at this time.

Howard White has been appointed Interim Non-Executive Chairman with immediate effect.

Aleksandra Binkowska, CEO, commented: "Simon was never the conventional choice for Chairman, and that's exactly what made him the right one.  He brought something different, a depth of insight, an extraordinary network, and an ability to open doors most of us didn't even know existed. His influence reached far beyond titles or roles. He quietly shaped major decisions and made space for bold, meaningful work. Due to confidentiality agreements, we can't disclose all that he was involved in, but those of us who worked closely with him know just how much he carried and how much he has done for HUI. We were all present at HUI's Board Meeting just yesterday. He was, as always, focused, calm, thoughtful, funny, and already looking ahead to the next challenge. He left in a rush to attend another meeting, and none of us imagined it would be our last encounter. Simon's legacy will live on, not only in the projects he led or the organisations he shaped, but in how he made people feel seen, supported, and inspired.  In my moments of doubt, he used to repeat " HUI has to work because it's right". His absence is palpable". 

For further information, please contact: 

Hydrogen Utopia International PLC

Aleksandra Binkowska           

+44 20 3811 8770     

Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)

Nick Michaels/Maya Klein Wassink                                                  

+44 20 8064 4056

Novum Securities Limited (Broker)                                                                    

Jon Belliss/Colin Rowbury                              

+44 20 7399 9400

About Hydrogen Utopia International PLC

HUI aims to become one of the leading new European companies specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat.

A HUI facility uses non-recyclable mixed waste plastic as feedstock and turns it into syngas from which new products and energy can be produced. HUI anticipates that its revenues will be derived from a variety of sources, dependent upon location and configuration of the HUI facilities, including the sale of syngas, hydrogen and other gases, electricity and heat sales, and the payment to it of fees for a given quantity of non-recyclable mixed waste plastic received at a HUI facility.

HUI will target areas where there is significant private sector interest or potential, financial backing is accessible and or where substantial EU and/or government funded sources of grants and loans are or may be available. The global increase in fossil fuel-based energy prices reinforces the need for alternative, price competitive energy sources, which HUI's business model can provide.