CF Energy Announces Company Updates

TORONTO, ON / ACCESS Newswire / March 16, 2026 / CF Energy Corp., (TSX-V:CFY) ("CF Energy" or the "Company", together with its subsidiaries, the "Group"), an energy provider in the People's Republic of China (the "PRC") announces the following: Haitang Bay Integrated Smart Energy Project Government Grant The Company is pleased to announce its controlled subsidiary, EDF Changfeng (Sanya) Energy Co., Ltd. ("EDF CF"), which holds the Haitang Bay Integrated Smart Energy Project (the "Haitang Bay Project"), has received the first installment of a grant under the National Development and Reform Commission Low Carbon Investment Grant (the "Grant") granted out of the national budget for important low carbon projects in China to the sum of RMB 18 million (approx.