Fusion Fuel Green PLC says it expects to gain royalty exposure to Jaguar Uranium Corp.'s planned 2026 exploration activities at the Laguna Salada, Berlin and Huemul uranium projects through its proposed acquisition of a controlling interest in Royal Uranium Inc.

Fusion Fuel Green PLC (NASDAQ: HTOO) ("Fusion Fuel" or the "Company"), a leading provider of full-service energy engineering, advisory, and utility solutions, today highlighted its anticipated royalty exposure to three uranium exploration projects in Argentina and Colombia operated by Jaguar Uranium Corp. (NYSE American: JAGU) ("Jaguar") through its planned acquisition of a controlling interest in Royal Uranium Inc. ("Royal Uranium"), following Jaguar's announcement outlining its 2026 exploration program.

According to Jaguar's announcement, exploration activities are planned at its flagship Laguna Salada uranium project in Chubut Province, Argentina after the company received an Environmental Impact Assessment ("EIA") permit covering the Guanaco concession of the project. The permit authorizes a range of exploration activities including geophysical surveys, surface sampling, trenching, drilling operations, access road construction, and the establishment of exploration camps as part of Jaguar's exploration campaign.

Through Royal Uranium, Fusion Fuel is expected to gain royalty exposure across the projects where Jaguar is preparing for exploration activities. Royal Uranium currently holds a 2.0% net smelter return ("NSR") royalty covering the Guanaco concession portion of the Laguna Salada project, as well as 1.0% NSR royalties on both the Berlin Project, in Argentina, and the Huemul Project, in Colombia. Under an NSR royalty structure, the royalty holder is entitled to receive a percentage of revenue from mineral production, net of certain deductions, without bearing capital or operating costs associated with the development of the underlying project.

In addition to Laguna Salada, Jaguar outlined exploration plans across its broader uranium portfolio in Argentina and Colombia, including the Berlin Project, a substantial uranium exploration property, and the Huemul Project, located within one of the most historically significant uranium districts in Argentina. These projects represent assets where Royal Uranium is expected to maintain royalty exposure as Jaguar plans exploration across its Argentine and Colombian uranium portfolio.

Fusion Fuel previously announced the signing of the Share Exchange Agreement, dated February 18, 2026 (the "Share Exchange Agreement") to acquire a controlling interest in Royal Uranium as part of its strategy to establish a diversified energy commodity royalty platform with exposure to critical energy resources including uranium and natural gas. Through this proposed transaction, Fusion Fuel expects to gain exposure to uranium and natural gas exploration activity across multiple projects through a capital-efficient royalty model while continuing to develop its broader energy services and gas platform. A further description of the terms and conditions of the transaction has been separately disclosed in a Form 6-K furnished with the U.S. Securities and Exchange Commission (the "SEC") on February 18, 2026.

"Jaguar's advancement of plans for exploration activities at Laguna Salada following the receipt of the EIA permit represents an important milestone for the project and a positive development for Royal Uranium's royalty portfolio," said John-Paul Backwell, Chief Executive Officer and Chairman of Fusion Fuel. "As Jaguar prepares for exploration activities across Laguna Salada, Berlin and Huemul, Royal Uranium is anticipated to provide exposure to potential uranium discoveries through a capital-efficient royalty structure. Through our proposed acquisition of Royal Uranium, Fusion Fuel aims to expand its participation in energy commodities while complementing our existing energy transition businesses."

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