Guidance confirmed

The Group pursues its strategy and confirms its objectives:

for fiscal year 2024, to quadruple its revenue compared with the fiscal year 2023, with a revenue target of c.€5m. The Company also estimates that at this date, the Group will have a total installed capacity of around 20 MW;
for fiscal year 2026, Group adjusted EBITDA margin[8] of around 10% on consolidated revenue of around €100m;
By 2030, to have a total installed capacity of 3 GW of assets under management[9] and a Group adjusted EBITDA margin in excess of 30%. As an indication, at this date, the net share of assets held by Lhyfe[10] should be around 20%.

Financial calendar

Date	Release
27 March 2025 (before Euronext Paris market opens)	FY 2024 results (audited)
23 May 2025	General Meeting

About Lhyfe
Lhyfe is a European group devoted to energy transition, and a producer and supplier of green and renewable hydrogen. Its production sites and portfolio of projects intend to provide access to green and renewable hydrogen in industrial quantities, and enable the creation of a virtuous energy model capable of decarbonising entire sectors of industry and transport.
In 2021, Lhyfe inaugurated the first industrial-scale green hydrogen production plant in the world to be interconnected with a wind farm. In 2022, it inaugurated the first offshore green hydrogen production pilot platform in the world.
In 2023, it inaugurated two new sites, and currently has several sites under construction or expansion across Europe.
Lhyfe is represented in 12 European countries and had 200 staff at the end of June 2024. The company is listed on the Euronext market in Paris (ISIN: FR0014009YQ1 – LHYFE).
More information on Lhyfe.com

Contacts

Lhyfe - Investor relations
LHYFE
Yoann Nguyen
investors@lhyfe.com

Lhyfe - Financial press relations
ACTUS
Manon Clairet
+33 (0)1 53 67 36 73
mclairet@actus.fr

Lhyfe - Business press relations
Nouvelles Graines
Clémence Rebours
+33 (0)6 60 57 76 43
c.rebours@nouvelles-graines.com

^[1] Including signed grants and grants currently under contractualization process

^[2] The pipeline does not include offshore projects

^[3] Projects in Tender Ready, Awarded, and Construction stages. The definitions of these stages are detailed in Section 1.8.1 of the Universal Registration Document approved by the AMF on 25 April 2024 and available on Lhyfe's website

[4] The definitions of these stages are detailed in Section 1.8.1 of the Universal Registration Document approved by the AMF on 25 April 2024 and available on Lhyfe's website

^[5] More details on each of the announced projects are available on https://www.lhyfe.com/investors/financial-press-releases/

[6] Adjusted EBITDA: consolidated current operating result before amortisation and provisions, before charges linked to equity-based compensation and before fair value adjustment on derivative financial adjustments

[7] Net cash = cash and cash equivalents – current and non-current financial debts (including IFRS 16 lease debt)

[8] "Group adjusted EBITDA margin" is defined in the Glossary at the end of the 2024 Half-Year Financial Report

[9] "Assets under management" is defined in the Glossary at the end of the 2024 Half-Year Financial Report

[10] "Net share of assets held by Lhyfe" is defined in the Glossary at the end of the 2024 Half-Year Financial Report

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