26 May 2026      

Sulnox Group Plc
(the "Company" or "Sulnox")

Skyzone deal marks entry into Pakistan market

(Aquis Stock Exchange: SNOX, OTCQX: SNOXF)

Sulnox, the greentech company delivering lower fuel costs and emissions with zero capex, is pleased to announce a distribution agreement with Skyzone Technologies Pvt Ltd ("Skyzone"), a Pakistan-based energy and industrial solutions provider with operations spanning chemicals, diesel genset systems and solar-based energy microgrids.

The agreement represents a further strategic expansion of Sulnox's land-based distribution network across South Asia, where the Company has recently announced major partnerships in Indian and Sri Lanka. It provides access to a significant diesel-powered industrial market where fuel efficiency, operating costs and energy reliability are increasingly pressing concerns.

Skyzone supplies customers across sectors including diesel genset installation, commercial fleets, mining and dairy industries, all of which closely align with Sulnox's target customer base. It has established relationships within government-related supply chains, including transport and defence-linked sectors.

Pakistan is one of Asia's largest and fastest-growing energy markets, with a population exceeding 240 million and a diesel consumption exceeding 10 billion litres annually (source: U.S. Energy Information Administration). Chronic electricity supply deficits and persistent grid instability have driven substantial investment in diesel genset capacity across industrial, commercial and rural users, making backup and distributed generation a structural feature of the country's energy mix. Air quality is also a serious and worsening concern, Lahore and Karachi consistently rank among the most polluted cities in the world, with combustion emissions a significant contributing factor. For industrial operators caught between rising fuel costs, unreliable grid supply and worsening air quality, the case for immediate, zero capital efficiency improvements are particularly strong.

Skyzone has undertaken an initial market assessment and, following discussions with several existing customers, has identified an initial diesel genset user for a commercial evaluation programme designed to generate a local operational case study.

Commenting on the Skyzone agreement, Ben Richardson, CEO of Sulnox, said:

"Pakistan completes a strong month for Sulnox across South Asia and represents what we believe is a particularly significant market opportunity. The scale of diesel dependency in Pakistan is structural, driven by chronic grid instability rather than preference, and that creates a direct and immediate case for Sulnox's technology. Skyzone brings engineering credibility, established relationships across industrial and government sectors, and has already identified initial evaluation opportunities. We look forward to developing a meaningful presence in the market."

Muhammad Talha Saleem, CEO of Skyzone, added:

"As engineers, we understand the real cost of inefficient combustion - in fuel waste, in emissions, and in wear on equipment. Pakistan's industrial operators are under genuine pressure on all three fronts. What attracted us to Sulnox was the combination of proven performance data and a drop-in solution that works with existing infrastructure. Our experience building long-term partnerships across industrial and government sectors gives us a strong platform to introduce this technology credibly, and we are already seeing early interest from customers we know well."

ENDS

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