KEY Recognized by Sustainable Development Technology Canada as a “Canadian Sustainability Changemaker” for Second Year – Key DH Technologies Inc.,

Yearly distinction honours 10 companies for homegrown, sustainable innovation

OWEN SOUND, Ontario (May 8, 2023) – Sustainable Development Technology Canada (SDTC) has recognized Key DH Technologies Inc. (KEY) as a “Canadian Sustainability Changemaker” for a second consecutive year. This distinction is awarded annually to 10 Canadian companies with “outstanding growth and a track record of delivering on STDC’s mandate of environmental and economic benefits for Canada.”

“We are proud to be recognized by SDTC as a Canada Sustainability Changemaker for a second consecutive year,” said Andrew T.B. Stuart, Chairman, President and CEO of KEY. “Receiving this award reinforces how our green deuterium and green hydrogen products are changing the sustainability game for companies in the clean hydrogen, life sciences and high technology industries around the world. We thank SDTC for its ongoing support of our company’s progress as we scale up for world markets.”

SDTC’s evaluation process for the award is based on five criteria:

• Steady annual revenues of over $10 million;
• A compound annual growth rate of 20% or more over the last three years;
• Sustainable benefits and impact;
• A global footprint; and
• A Canadian presence and contribution to the local economy, with at least half the workforce and significant operations based in Canada, and with demonstrated job growth.

“With their patented water electrolysis systems for the large-scale production of green hydrogen, KEY is creating highly skilled jobs in Canada and showed significant revenue growth,” said Leah Lawrence, CEO, SDTC. “For a second year, SDTC is proud to name KEY one of Canada’s Sustainability Changemakers for 2023. Congratulations!”

About Key DH Technologies Inc.

Key DH Technologies is a clean technology company that develops innovation-driven businesses in the deuterium and hydrogen industries, serving global markets. KEY’s three main operating companies are: Hydrogen Optimized, a private hydrogen technology company that develops and commercializes the patented RuggedCell™ water electrolysis systems for the large-scale production of Green Hydrogen; Isowater®, a world-leading supplier of deuterium oxide to global customers in the life sciences, high technology and environmental science sectors; and deutraMed™, a breakthrough deuterium science and innovation company that provides clients with high-value deuterium-containing products for specialized applications along with IP-driven research and services. For more information, please visit:  www.keydht.com.

For more information:

Don Hogarth

416-565-8920

don.hogarth@hydrogenoptimized.com