Announcement • May 21
Hopium SA, Annual General Meeting, Jun 29, 2026 Hopium SA, Annual General Meeting, Jun 29, 2026. Location: 38 rue laffitte, paris France Board Change • May 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Rodolphe Cadio was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 22
Hopium SA, Annual General Meeting, Jun 06, 2025 Hopium SA, Annual General Meeting, Jun 06, 2025. Location: u 30 rue du chateau des rentiers, paris France Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Rodolphe Cadio was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€9.2m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-€36m). Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m (€13k revenue, or US$14k). Market cap is less than US$10m (€5.48m market cap, or US$6.07m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Announcement • May 26
Hopium SA, Annual General Meeting, Jun 27, 2024 Hopium SA, Annual General Meeting, Jun 27, 2024. Location: 7 rue auber, paris France Reported Earnings • Apr 24
Full year 2023 earnings released Full year 2023 results: Net loss: €30.7m (loss widened 28% from FY 2022). New Risk • Jan 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 118% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Negative equity (-€32m). Revenue has declined by 30% over the past year. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Market cap is less than US$10m (€1.96m market cap, or US$2.14m). Minor Risk Revenue is less than US$5m (€2.0m revenue, or US$2.2m). New Risk • Nov 11
New major risk - Revenue and earnings growth Revenue has declined by 30% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-€32m). Revenue has declined by 30% over the past year. Market cap is less than US$10m (€1.84m market cap, or US$1.96m). Minor Risks Shareholders have been diluted in the past year (46% increase in shares outstanding). Revenue is less than US$5m (€2.0m revenue, or US$2.1m). New Risk • Aug 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.37m (US$9.18m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-€10m). Market cap is less than US$10m (€8.37m market cap, or US$9.18m). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Revenue is less than US$5m (€4.0m revenue, or US$4.3m). Board Change • Jun 15
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman & CEO Olivier Lombard is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jan 12
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman & CEO Olivier Lombard is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Oct 18
Hopium Unveils the Hopium Machina Vision Hopium unveiled the Hopium Machina Vision. A showcase of performance, innovation and technology, intended to reshape the standards of mobility. Conceived by automotive designer Felix Godard, the Hopium Machina Vision displays a notchback silhouette, that is both athletic and elegant, with a clever balance of proportions. The ascending fuselage and the kinetic grille are both optimized for fuel cell system cooling and vehicle aerodynamics. At the front, the light signature is reminiscent of the stratification of the fuel cell stack, and waves on the surface of the water. Inside, users can enjoy the uncompromising comfort of a spacious cabin and an unparalleled sky view. With a simple hand gesture running through the central spine, passengers can either opacify or turn the glass expanse into a panoramic window with the active shading function. The vehicle offers the user a new sensory connection with the interface through the haptic console, which allows navigation through main menus and control of settings, in a unique digital choreography. At the front, the pillar-to-pillar display provides a digital landscape of information. It can transform into a full or minimized layout as desired, in a wave-like motion. At the Paris Automotive Week 2022, Hopium announces the reopening of the Hopium Machina Vision order book, available from 17 October: https://hopium-reserve.com/. First deliveries are scheduled for the end of 2025. Announcement • Sep 23
Hopium SA announced that it expects to receive €21.5 million in funding Hopium SA announced a private placement of convertible bond for a maximum gross amount of €21.5 million on September 21, 2022. The transaction will proceed with the issuance of the first tranche of 550 OC for a nominal value of €5.5 million. The transaction will be completed in nine tranches of bonds convertible into shares with a nominal value of €10,000 each. Announcement • Jul 20
HOPIUM Concretizes Its Technological Lead and Files 10 Patents for the Hopium Machina HOPIUM, the first French manufacturer of high-end hydrogen powered vehicles, announces the filing of the first 10 patent requests for its sedan, the Hopium Machina. This filing aims to guarantee the protection of its know-how and the ownership of its technological innovations, with the ambition of bringing the new generation of hydrogen vehicles to life. These patent requests, filed during the first half of 2022, cover a range of innovations, both in terms of optimization, efficiency, sustainability and environmental impact of the high-powered fuel cell system; as well as interior and exterior design, including interfaces and user experience. Announcement • Jun 14
Hopium SA announced that it expects to receive €50 million in funding Hopium SA announced that it will receive €50,000,000 in a round of funding on June 13, 2022. The transaction will be completed in multiple tranches over a period of 3 years. 
