Fusion Fuel Green plc announced several senior leadership changes to sharpen its strategic focus and seek to unlock long-term growth and profitability. Frederico Figueira de Chaves, currently Co-Head and Chief Financial Officer, has been appointed Chief Executive Officer of the Company. In addition, Gavin Jones, currently Chief Accounting Officer, has been appointed interim Chief Financial Officer of the Company, succeeding Frederico.

André Antunes, currently Chief Production Officer, has been promoted to Chief Operating Officer of the Company. Jaime Silva, currently Chief Technology Officer, will add the title of Head of Innovation, more accurately reflecting the responsibilities of the role and the strategic importance of continuous innovation for a company in the dynamic and fast-paced green hydrogen sector. Zachary Steele and Jason Baran will be stepping down from their roles of Co-Head and Chief Commercial Officer, respectively, as well as Co-Presidents of the Americas, to pursue other opportunities in the hydrogen and clean fuel sector.

Messrs. Steele and Baran have committed to work with the Company to ensure a seamless transition of responsibilities. Frederico Figueira de Chaves has been with Fusion Fuel since its inception in 2020, most recently as Co-Head of Fusion Fuel´s Executive Committee as well as Group Chief Financial Officer and Director.

He has been a shareholder and member of the Board of Directors of Fusion Welcome, S.A. since 2018 and is also a member of Key Family Holdings Investments, a minority shareholder of Fusion Fuel and Negordy S.A. Prior to joining Fusion Fuel, he held senior roles at UBS AG, including UBS Asset Management Head of Sales Management & Marketing, AM Head of Wealth Management Distribution, Chief of Staff to Asset Management CEO, Chief of Staff to UBS Group COO & Head of EMEA, among others. Frederico holds a master's degree in economics from Edinburgh University. multiple management positions, most recently as a Director in the Audit and Assurance Practice.

Gavin is responsible for Group accounting and oversees the development of new office in Ireland. He holds a bachelor's degree in accounting and human Resource Management from the National College of Ireland and is a member of the Institute of Chartered Accountants in Ireland (ACA). André Antunes joined Fusion Fuel in 2021 in the role of Chief Production Officer.

Prior to joining Fusion Fuel, André was the Operations Manager in a Unilever Factory in Portugal. He also held roles in increasing responsibility at Tabaqueira, S.A., a Philip Morris International affiliate. André holds a degree in Industrial Engineering and Management in University of Aveiro, a Post-Graduation in Management in New University of Lisbon and a Lean Six Sigma Black Belt degree from Lean Six Sigma Company.

Jaime Silvahas been with Fusion Fuel since its inception in 2020, most recently as Chief Technology Officer, as well as Director as well as member of the Executive Committee. Jaime co-founded Fusion Welcome, S.A. and has served as Chief Technology Officer and executive officer of each of Fusion Welcome, S.A., Fusion Fuel and MagP Inovação, S.A. since 2015. Prior to founding Fusion Welcome, S.A., Mr. Silva co-founded MagPower - Soluções de Energia S.A., a CPV solar company, and served as its Chief Technology Officer from inception in 2007 through 2014.

He was also founder and CEO of Margina - Industria Metalomecânica S.A., a metallurgic company, and founder and CEO of Imediata - Comunicações e Multimédia S.A., a multimedia kiosk technological company. Mr. Silva holds a master's degree in management and a master's degree in telecommunications each from the University of Porto, and a degree in Electrical Engineering from the University of Porto.