Nativo Energy operates as a natural hydrogen exploration company founded in Uruguay that conducts identification and exploration of geological hydrogen deposits throughout Latin America.

The company bases its operations in Uruguay due to the country's political stability and regulatory environment conducive to business operations.

The company utilizes an exploration management system (XMS) to identify potential natural hydrogen deposits through analysis of geological formations containing high iron content:Banded Iron Formations (BIF). Uruguay and Argentina's Mesopotamia have BIF areas and are the first 2 countries the company will be looking into, starting in Uruguay.

Nativo Energy implements a multi-faceted exploration methodology incorporating several technical approaches, including:

• Analysis of vegetation pattern anomalies that may indicate hydrogen seepage (referred to as "fairy circles").
• Helium detection for geological validation purposes.
• Integration of multiple data sources including satellite imagery, fault analysis, and geophysical survey data.

The company's focus on relatively shallow formations compared to conventional hydrocarbon exploration potentially enables exploration campaigns with reduced capital requirements for natural hydrogen production.

Nativo's commercialization strategy focuses on a multi-project, multi-area development process, building and selling resource assets and collaborating in joint developments (farm-ins) with other project developers.

The company is early stage, looking for partnerships to expand their exploration activities, as could be: royalty-based arrangements for resource discovery, or joint venture partnerships with specified equity distribution options (50/50 or 70/30), among others.

The organization has developed a methodological approach to natural hydrogen exploration through several integrated technical components:

• Exploration Management System (XMS) configured for natural hydrogen source identification.

• Multi-method surface detection protocol incorporating: Fairy circle identification methodology, Soil testing procedures, Correlation analysis to identify hydrogen presence through associated gas components.

• Analytical techniques including: Chromatography interpretation methods, Data integration framework combining satellite imagery, fault analysis, and geophysical surveys.

• Cost-optimization approach focusing on shallow formations as an alternative to deep well exploration methodologies.

Nativo's energy approach takes advantage of geological formations that are iron rich. Their exploration method is intended to be used in Latin America, and the hydrogen off-take to be focused, at first, on existing demand as petrochemical industries (ammonia and fertilizers), as well as in-situ energy generation.