Isowater Signs Five-Year Agreement

Isowater Signs Exclusive Five-Year Agreement with South Korea’s SUNFINE GLOBAL to Purchase and Recycle the Company’s Downgraded Deuterium Oxide

Isowater to purchase downgraded D2O from SUNFINE and sell it to global customers after upgrading to high purity market grade. News Release in Korean

(Collingwood, Ont., June 22, 2026) – Isowater Corporation, a world-leading supplier and recycler of deuterium oxide (D2O), has signed an exclusive five-year agreement with SUNFINE GLOBAL Co., Ltd., a leading South Korean-based manufacturer and supplier of innovative chemical raw materials, to purify and upgrade D2O sourced from the company to high purity market concentration.

Under the terms of the contract, effective immediately through 2031, Isowater will purchase contaminated and downgraded D2O collected by SUNFINE GLOBAL from Korean industry. Isowater will then purify and upgrade the D2O to a market grade of 99.9% purity for subsequent direct sales in the global marketplace and/or processing into high-value deuterium products.

The agreement with SUNFINE GLOBAL follows a recent similar agreement with a major global corporation.

“We are grateful to SUNFINE GLOBAL for this opportunity to further build on the commercialization of our unique capabilities in D2O purification and upgrading,” said Denis Krude, President and CEO, Isowater. “The agreement provides us with an important new source of deuterium oxide that we can sell to our global customers. Along with other initiatives to expand and diversify our supply base, we are actively strengthening our position as a global recycler and provider of high purity D2O at a time of growing supply scarcity.”

“We appreciate Isowater for providing this excellent opportunity regarding the downgraded D2O recycling. We believe this exclusive agreement will serve as a cornerstone for a long-lasting, mutually beneficial partnership,” said Jae-Yong Song, President and CEO, SUNFINE GLOBAL. “We are very proud to play a key role in the sustainable long-term supply of D2O.”

Isowater has significantly expanded its deuterium oxide purification and upgrading capacity, and continues to improve the yield and efficiency of its processes to upgrade D2O from non-commercial grade concentrations.

Global demand for deuterium oxide is expanding rapidly for use in the manufacturing of semiconductors with higher circuit density and operating temperatures, optical fibres that pass more light, OLED displays with sharper colour contrasts, medicines with reduced side effects and longer therapeutic benefits, and many other applications.

About Isowater Corporation

Isowater® is a world-leading supplier of high purity deuterium oxide (D2O) to the life sciences, high technology and science sectors and a global leader in the recycling of “waste” D2O. It also serves the large-scale hydrogen market with its RuggedCell™ water electrolysis technology under the Hydrogen Optimized® brand. Our diversified D2O supply chain includes integrated deuterium and clean hydrogen technologies for the co-production of de novo deuterium oxide and hydrogen and the capture and upgrading of deuterium gas after its use in industrial processes. For recycling, we purchase contaminated and downgraded D2O from end-users for purification and upgrading to concentrations up to 99.99% using our proprietary processing technology. Isowater, a member of the Key DH Technologies Inc. group of companies, ships globally to customers in more than 20 countries. For more information, please visit www.isowater.com.

About SUNFINE GLOBAL Co., Ltd.

SUNFINE GLOBAL is an innovative and dynamic organization committed to meeting the requirements of its partners and customers. Headquartered in Oson, South Korea, SUNFINE GLOBAL has served as one of the leading specialty materials suppliers since 2005. The company has supplied cosmetic and household ingredients, health care ingredients, industrial materials, electronic materials, deuterium oxide, deuterated compounds and isotopes, and NMR solvents to domestic and overseas customers. For more information, visit http://www.sunfg.co.kr/eng/main/index.php.

News Release in Korean

For more information:

Isowater Corporation

Media:

Don Hogarth

+1 416-565-8920

don-hogarth@isowater.com

Customer/Supplier Inquiries:

info@isowater.com

SUNFINE GLOBAL

Sage Park

+82-43-218-0993

biz3@sunfg.co.kr