HYZON MOTORS RECEIVES EXTENSION FROM NASDAQ FOR CONTINUED LISTING ON EXCHANGE

The extension is subject to the condition that on or before May 15, 2023, Hyzon Motors will file all delinquent reports with the U.S. Securities and Exchange Commission

Hyzon Motors Inc. (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), announced that on March 31, 2023, the Nasdaq Hearings Panel granted Hyzon’s request for continued listing of its securities on The Nasdaq Capital Market until May 15, 2023, in order to allow Hyzon time to regain compliance with Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”).

The extension was granted following a hearing on March 16, 2023, in which Hyzon presented its comprehensive plan to regain compliance and requested the continued listing of its securities on The Nasdaq Capital Market pending such compliance.

The extension is subject to the condition that on or before May 15, 2023, Hyzon Motors will file all delinquent reports with the U.S. Securities and Exchange Commission (SEC), in compliance with the Periodic Filing Rule.

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