XCF Global and BGN Expand Strategic Relationship with Execution of Term Sheet for Renewable Fuel Tolling at XCF New Rise Renewables Reno Facility and Future Facilities

Strategic partnership between XCF Global and BGN is expected to be established for a tolling framework for the production of SAF and renewable naphtha The proposed agreement seeks to build on the previous MOU focusing on the US. The parties agree to continue to work towards developing Europe and the Middle East through production, offtake, and co-branded distribution agreements The proposed agreement seeks to advance global renewable fuel supply chains to meet rapidly rising demand for SAF HOUSTON, TX / ACCESS Newswire / April 9, 2026 / XCF Global, Inc. ("XCF") (NASDAQ:SAFX), a leader in advancing the decarbonization of the aviation industry through Sustainable Aviation Fuel ("SAF"), today announced that it has entered into a binding term sheet with BGN INT US LLC ("BGN"), a global renewable fuels trading, marketing, and distribution company, to explore developing a global distribution and logistics partnership for SAF, renewable diesel ("RD"), and renewable naphtha ("RN") (together, "renewable fuel").