HTOO · Fusion Fuel Green PLC

Fusion Fuel Green PLC announced significant leadership changes effective April 22-23, 2026, appointing James Passin as Chairman and Frederico Figueira de Chaves as CEO. Passin, a uranium investment pioneer with experience managing over $1 billion in resource portfolios at Firebird Management LLC, is expected to guide the company's pivot toward a uranium royalty platform amid anticipated market upcycles driven by energy security and AI demand. Figueira de Chaves, with extensive prior roles including previous CEO tenure and senior positions at UBS AG, adds continuity to strategy execution. Outgoing Chairman and CEO John-Paul Backwell, credited with launching Bright Hydrogen Solutions, BioSteam Energy, advancing Al Shola Gas, securing capital, and negotiating the Royal Uranium acquisition, transitions to a supportive non-executive director and consulting role. The Royal Uranium deal, involving royalties on uranium, natural gas, and minerals, requires EGM shareholder approval, Irish regulatory clearance, and other conditions, with an investor update call planned. These changes signal a strategic focus on capital-efficient royalty models in energy commodities, though subject to integration risks, commodity volatility, and regulatory hurdles as outlined in forward-looking statements.