Announcement PDF ASX ANNOUNCEMENT & MEDIA RELEASE | 4 September 2025 Provaris and Baker Hughes Sign Strategic Collaboration Agreement to Advance Compressed Hydrogen Solutions at Scale SYDNEY: Provaris Energy Ltd (ASX: PV1, Provaris) is pleased to announce the signing of a strategic Collaboration Agreement (Collaboration) with global energy technology company Baker Hughes. The Collaboration marks a significant step forward in the development and deployment of compressed hydrogen solutions for marine transportation and storage, leveraging Provaris’ proprietary H2LeoTM Barge and H2NeoTM Carrier alongside Baker Hughes’ compression expertise. The Collaboration Agreement replaces the Memorandum of Understanding signed in August 2024 and formalizes the technical cooperation between the two companies. It outlines a framework for advancing hydrogen export and import projects across Europe, with a shared commitment to enabling scalable, efficient infrastructure for the regional supply of hydrogen. Key elements of the agreement include: • • • Provaris will identify and qualify hydrogen project opportunities where Baker Hughes’ compression equipment and engineering services can be applied. Baker Hughes will provide technical support for equipment selection, plant layout, and cost modeling. The parties will continue to refine the Compression Concept Design Paper and collaborate on projectspecific engineering inputs. “This collaboration strengthens our ability to deliver scalable, efficient hydrogen transport and storage solutions.” said Per Roed, Chief Technology Officer of Provaris Energy. “We are excited to work with Baker Hughes to showcase the benefits of compression using their equipment. The outcomes are already clear, and we look forward to our co-operation to continue to develop regional supply chains for hydrogen using Provaris carriers”. Provaris and Baker Hughes are already co-operating on hydrogen export opportunities identified in the Nordic region to define equipment and engineering services for Baker Hughes, underscoring the commercial potential of this collaboration. I llustration of P rovaris’ proprietary H2Leo TM Barge and H2N eo TM Carrier and jetty infrastructure Source: Provaris Energy Ltd www.provaris.energy Page | 1 ASX ANNOUNCEMENT & MEDIA RELEASE | 4 September 2025 - END This announcement has been authorised for release by the CEO of Provaris Energy Ltd Provaris We encourage shareholders and potential investors to utilise our InvestorHub for any enquiries regarding this announcement or other areas related to Provaris. This platform offers an opportunity to submit questions, share comments, and view video summaries of all announcements, media and relevant industry publications. To access Provaris InvestorHub please scan the QR code or visit https://investors.provaris.energy/ For further information please contact: Norm Marshall Company Secretary +61 481 148629 nmarshall@provaris.energy ASX.PV1 Martin Carolan Managing Director & CEO +61 404 809019 mcarolan@provaris.energy @ProvarisEnergy Provaris Energy Ltd. info@provaris.energy Sydney | Oslo About Provaris Energy Provaris Energy Ltd (ASX: PV1) is advancing innovative Compressed Hydrogen (H2) and Carbon Dioxide (CO₂) storage and transport solutions through proprietary tank designs for storage maritime gas carriers, and integrated supply chain development. Focused on simplicity, efficiency and scalability, Provaris enables regional supply chains that support the global energy transition. www.provaris.energy Disclaimer: This announcement may contain forward looking statements concerning projected costs, approval timelines, construction timelines, earnings, revenue, growth, outlook or other matters (“Projections”). You should not place undue reliance on any Projections, which are based only on current expectations and the information available to Provaris. The expectations reflected in such Projections are currently considered by Provaris to be reasonable, but they may be affected by a range of variables that could cause actual results or trends to differ materially, including but not limited to: price and currency fluctuations, the ability to obtain reliable hydrogen supply, the ability to locate markets for hydrogen, fluctuations in energy and hydrogen prices, project site latent conditions, approvals and cost estimates, development progress, operating results, legislative, fiscal and regulatory developments, and economic and financial markets conditions, including availability of financing. Provaris undertakes no obligation to update any Projections for events or circumstances that occur subsequent to the date of this announcement or to keep current any of the information provided, except to the extent required by law. You should consult your own advisors as to legal, tax, financial and related matters and conduct your own investigations, enquiries and analysis concerning any transaction or investment or other decision in relation to Provaris. $ refers to Australian Dollars unless otherwise indicated. www.provaris.energy Page | 2