The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.    

16 June 2025 

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

Appointment of Naser Nuredini as a Non- Executive Director

Hydrogen Utopia International PLC (HUI), a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials, or distributed renewable heat, is delighted to announce that it has appointed Mr Naser Nuredini as a Non- Executive Director of HUI with immediate effect.

As the former Minister of Environment and Physical Planning for the Republic of North Macedonia, Mr Nuredini was instrumental in driving transformative environmental and climate policy reforms. Under his leadership, the country made significant strides towards aligning with EU environmental standards and global climate commitments. He played a pivotal role in securing substantial international funding through multilateral financial institutions, enabling the implementation of major green infrastructure and climate adaptation projects. His tenure was marked by active engagement on the international stage, representing North Macedonia in high-level negotiations with the European Union, the United Nations, and various regional platforms, where he consistently advocated for ambitious climate action and sustainable development strategies.

Prior to his public service, Mr Nuredini built a successful career in the international financial sector. He spent over a decade in London, where he held senior positions at globally renowned institutions including ING Bank and UniCredit Bank. There, he led operations in emerging European equity trading and structured finance, gaining extensive experience in navigating complex markets and managing risk. He later transitioned into asset management, serving as director of ESG-focused investment funds, where he championed the integration of environmental, social, and governance principles into investment strategies.

Throughout his career, Mr Nuredini has demonstrated an unwavering commitment to advancing climate-resilient, inclusive growth. His unique blend of policy leadership and financial acumen positions him as a compelling voice in global efforts to tackle climate change, promote sustainability, and foster cross-border collaboration for a greener future.

The Company also announces that it has granted options over 1,470,588 shares to Mr Nuredini under the terms of the Company's share option scheme. The options have an exercise price of £0.017 per share and will vest over a period of 2 years.

Naser Nuredini, commented: "Transforming waste into clean energy isn't just innovation, it's a bold commitment to a future where environmental responsibility and economic opportunity go hand in hand. I am excited to support Hydrogen Utopia's mission to make that future a reality. I have had the pleasure of working with Aleksandra Binkowska before my appointment, and I am deeply impressed by the remarkable resilience the Company has demonstrated under her leadership, particularly during one of the most challenging periods in the market. Her vision and determination continue to drive Hydrogen Utopia forward as a force for meaningful, sustainable change."

Aleksandra Binkowska, Chief Executive Officer of HUI, commented: "Mr Naser Nuredini is a highly respected environmental policy leader and former government minister, renowned for his influential work at the crossroads of sustainable development, multilateral diplomacy, and international finance. With a career spanning both public service and the private sector, he brings a rare and valuable blend of strategic policy expertise and financial acumen. I am truly honoured that Mr Nuredini has accepted a seat on the Board of Hydrogen Utopia International. His international experience, strong diplomatic presence, and deep-rooted connections will be instrumental in advancing our mission, not only across the Balkans but on the global stage. I couldn't be more grateful to have someone of his calibre join us as we work to drive meaningful environmental change."

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About Hydrogen Utopia International PLC 

HUI aims to become one of the leading new European companies specialising in converting 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.