# EDGAR Filing Document

**Accession Number:** 0001526243
**File Stem:** 0001104659-26-046859
**Filing Date:** 2026-4
**Character Count:** 56632
**Document Hash:** c4feec43ee0749dc3d1f60265f974eff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-046859.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0001104659-26-046859

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260416

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260422

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PERPETUA RESOURCES CORP.
- **CENTRAL INDEX KEY:** 0001526243
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39918
- **FILM NUMBER:** 26884216

**BUSINESS ADDRESS:**
- **STREET 1:** 405 S. 8TH STREET
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702
- **BUSINESS PHONE:** 208-901-3060

**MAIL ADDRESS:**
- **STREET 1:** 405 S. 8TH STREET
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MIDAS GOLD CORP.
- **DATE OF NAME CHANGE:** 20110720

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION** **Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of report (date of earliest event reported): April 16, 2026**

**Perpetua Resources Corp.** 

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **British Columbia** | **001-39918** | **98-1040943** |
| **(State or other jurisdiction of <br> incorporation)** | **(Commission File Number)** | **(I.R.S. Employer <br> Identification No.)** |

---

---

| | |
|:---|:---|
| **405 S. 8th Street, Ste. 201**<br> **Boise, Idaho** | **83702** |
| **(Address of principal executive <br> offices)** | **(Zip Code)** |

---

**Registrant's telephone number, including area code: (208) 901-3060** 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which <br> registered** |
| Common Shares, without par value | PPTA | Nasdaq Capital Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

---

| | |
|:---|:---|
| **Item 1.01** | **Entry into a Material Definitive Agreement.** |

---

As previously disclosed on December 22, 2025, Perpetua Resources Idaho, Inc. ("<u>PRII</u>"), a wholly owned subsidiary of Perpetua Resources Corp. (the "<u>Company</u>"), entered into an engineering, procurement, and construction management services agreement (the "<u>Agreement</u>") with Hatch Ltd. ("<u>Hatch</u>") for certain design, engineering, procurement, construction management, testing, studies, and related services for the Company's Stibnite Gold Project (the "<u>Project</u>"). As previously disclosed on February 28, 2026, PRII and Hatch entered into an amendment (the "<u>First Amendment</u>") to the Agreement to, among other things, add the design and installation of the pressure-oxidation and oxygen system (the "<u>POX/O2 System</u>") to Hatch's scope of services under the Agreement and finalize the process guarantee. Unless defined herein, capitalized terms have the same meanings as in the Agreement, as amended.

Subsequent to the First Amendment, PRII selected Hatch as the direct supplier of certain required equipment for the Project, including autoclaves, flash vessels and vent gas cyclones (collectively, the "<u>Proprietary Equipment</u>"). On April 16, 2026, PRII and Hatch entered into a second amendment to the Agreement (the "<u>Second Amendment</u>"), to establish supplementary terms and conditions applicable solely to the design, engineering and supply of the Proprietary Equipment. Under the Second Amendment, Hatch will supply the Proprietary Equipment, for a fixed aggregate purchase price of $32.1 million (the "<u>Purchase Price</u>"), which is subject to adjustment by change order under limited circumstances, including changes in specifications or delivery, force majeure events, changes in applicable law, or certain unanticipated delivery circumstances. The Purchase Price excludes on-site supervision, installation, erection, testing and commissioning services, which may be provided by Hatch under a change order to the Agreement, and any taxes, tariffs, levies or similar governmental or regulatory charges (other than payroll or income taxes), which are payable by PRII.

The Second Amendment also provides a separate warranty and limitation of liability regime for the Proprietary Equipment and establishes specific intellectual property rights and restrictions relating to the Proprietary Equipment, in each case, subject to the terms and exclusions set forth in the Agreement. The Second Amendment may be terminated by PRII for convenience upon not less than 30 days' prior written notice, subject to specified payment obligations, and by Hatch pursuant to the termination-for-cause rights under the Agreement, which would result in certain additional payment rights in favor of Hatch.

The foregoing description of the Second Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Second Amendment, a copy of which is filed (with certain portions redacted in accordance with Item 601(b)(1)(iv) of Regulation S-K) as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

---

(d) Exhibits

**Exhibit Index**

---

| | |
|:---|:---|
| Exhibit No. | Description |
| [10.1\*#](tm2612437d1_ex10-1.htm) | [Amendment No. 2 to Engineering, Procurement, and Construction Management Services Agreement, made and executed as of April 16, 2026, by and between Perpetua Resources Idaho, Inc. and Hatch Ltd.](tm2612437d1_ex10-1.htm) |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |

---

\* Portions of this exhibit have been redacted in compliance with Regulation S-K Item 601(b)(10)(iv).

# Schedules have been omitted pursuant to Regulation S-K Item 601(b)(2). The Company agrees to furnish to the SEC a copy of any omitted schedule upon request.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **PERPETUA RESOURCES CORP.** | **PERPETUA RESOURCES CORP.** |
| Dated: April 22, 2026 | By: | /s/ Mark Murchison |
|  |  | Mark Murchison |
|  |  | Chief Financial Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**CERTAIN IDENTIFIED INFORMATION HAS BEEN OMITTED FROM THIS EXHIBIT BECAUSE THE REGISTRANT CUSTOMARILY AND ACTUALLY TREATS THE OMITTED INFORMATION AS PRIVATE OR CONFIDENTIAL, AND SUCH INFORMATION IS NOT MATERIAL. OMISSIONS ARE IDENTIFIED AS [\*\*\*].**

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**AMENDMENT No. 2** 

**Engineering, Procurement, and Construction Management Services Agreement**

**SUPPLEMENTARY TERMS AND CONDITIONS – SUPPLY OF PROPIETARY EQUIPMENT** 

This Amendment No. 2 ("**Amendment**") is entered into as of April 16, 2026 by and between:

**Perpetua Resources Idaho, Inc.**, an Idaho corporation with an office located at 405 South 8<sup>th</sup> Street, Suite 201, Boise, ID 83702 (**"Owner**")

- and -

**Hatch Ltd.**, a corporation organized under the laws of Canada with an office located at 2800 Speakman Drive, Mississauga, Ontario, L5K 2R7, Canada (solely for the purposes of this Amendment, **"Supplier"**).

**WHEREAS** the Owner and Supplier entered into the Engineering, Procurement, and Construction Management Services Agreement, dated December 18, 2025, as subsequently amended ("**Agreement**") wherein the Owner contracted Supplier to provide, as EPCM, certain design, engineering, procurement, construction management, testing, studies, and related services (as more specifically set out in the Agreement) in respect of the Project, a gold and antimony mine that is to be constructed in Stibnite (Valley County), Idaho.

**AND WHEREAS** Supplier is the owner of certain proprietary technologies, including autoclaves, flash vessels, and vent gas cyclones ("**Proprietary Equipment**") which the Owner wishes to purchase and implement at the Facility for use in connection with the Project**.** 

**AND WHEREAS** the Owner and Supplier wish to set out the terms and conditions applicable to the supply of such Proprietary Equipment, and to amend and supplement the Agreement solely for such purpose.

**NOW THEREFORE**, in consideration of the mutual promises and covenants contained herein, the Parties agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.0** **Amendment of the Agreement to Include Supplementary Terms and Conditions** 

Owner and Supplier agree to amend the Agreement to include the Supplementary Terms and Conditions for the purpose of facilitating the sale of the Proprietary Equipment from Supplier to Owner. In consideration thereof, the Parties agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Supplementary Terms and Conditions
 apply solely in respect of the design, engineering, and supply of the Proprietary Equipment,
 as more specifically set out in Attachment 1 to this Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The technical specifications and scope
 of supply of the Proprietary Equipment is set out in Attachment 2 to this Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The purchase price, payment terms, and
 payment schedule for the Proprietary Equipment are set out in Attachment 3 to this Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The Proprietary Equipment shall be delivered
 pursuant to the delivery schedule set out in Attachment 4 to this Amendment.© Hatch 2026 Page 1

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.0** **Miscellaneous** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 Except for the Supplementary Terms and Conditions
 that have been specifically amended herein, all terms, conditions and provisions contained
 in the Agreement shall remain unchanged and in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 In the event of a contradiction between
 the Agreement and this Amendment, solely with respect to the subject matter of this Amendment,
 this Amendment shall prevail.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 All capitalized terms used in this Amendment
 have the meaning ascribed to them in the Agreement, unless otherwise defined herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 This Amendment shall be governed by and
 construed in accordance with the governing law and jurisdiction identified in the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5 This Amendment may be executed and delivered
 by facsimile or other form or electronic transmission such as email or PDF and such signature
 shall have the same legal effect as a manual signature. This Agreement may be validly executed
 in any number of counterparts, all of which taken together shall constitute one and the same
 agreement and each of which shall constitute an original.

---

| | |
|:---|:---|
| **Supplier** | **Owner** |
| /s/ Ian Duckworth | /s/ Mark Murchison |
| Signature | Signature |
| Ian Duckworth | Mark Murchison |
| Name (Please print) | Name (Please print) |
| Managing Director | CFO |
| Position (Please print) | Position (Please print) |

---

© Hatch 2026 Page 2

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**Attachment 1** 

**<u>Supplementary Terms and Conditions Related to the Supply of Proprietary Equipment</u>**

**1.** DEFINITIONS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) " Defective
 Proprietary Equipment " or " Proprietary
 Equipment Defect(s) " means with respect to the Proprietary
 Equipment:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any
 defect in material or workmanship of the Proprietary Equipment; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any
 failure of the Proprietary Equipment to conform to the relevant technical specifications
 set out in Attachment 2;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) " Deliverables "
 means, solely with respect to the Proprietary Equipment, any drawings, specifications, operations
 and maintenance manuals, or other deliverables provided to Owner by Supplier in connection
 with the Proprietary Equipment and, to the extent that the context permits, includes all
 information and data contained therein. For clarity, Deliverables related specifically to
 Proprietary Equipment shall not include shop drawings or engineering detail drawings, or
 proprietary calculations or other proprietary engineering data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) " Delivery "
 means the delivery of Proprietary Equipment as described in Clause 7.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) " Delivery
 Date " means the date(s) set forth in Attachment 3
 for the Delivery of the Proprietary Equipment, which may, where specified in Attachment 3
 be delivered in portions or lots. If Attachment 3 contemplates delivery in portions or lots,
 the Delivery Date shall be deemed to apply individually to each respective portion or lot
 of the Proprietary Equipment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) " Proprietary
 Equipment " means the specific autoclave, flash vessel,
 vent gas cyclone equipment, and such other equipment to be designed, engineered and supplied
 by Supplier, as more specifically described in Attachment 2, which are being configured for
 application at the Owner's Facility based on the Supplier's existing designs,
 confidential information, inventions, patents, process technologies, process controls systems,
 technical information, methods, documentation, know - how,
 and such other Supplier Proprietary Equipment Background IP relevant to and/or related to
 such equipment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) " Purchase
 Price " means the aggregate purchase price for the
 Proprietary Equipment and the related Services as described in this Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) " Supplier
 Proprietary Equipment Background IP " means the know-how,
 process designs, design criteria, calculations, models, specifications, software, firmware,
 control logic, control narratives, configuration files, algorithms, manuals, training materials,
 and other information, in any form, that are embodied in, incorporated into, used by, used
 in or necessary for the design, manufacture, supply, integration, operation, maintenance,
 optimization, and lifecycle modifications of the Proprietary Equipment, which is proprietary
 to, and is owned or controlled by Supplier or its Affiliates. For the avoidance of doubt,
 "Pre-Existing EPCM Intellectual Property," as defined in the Agreement, includes
 Supplier Proprietary Equipment Background IP.© Hatch 2026 Page 3

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**2.** WARRANTY FOR PROPRIETARY EQUIPMENT

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1. Supplier
 warrants that the Proprietary Equipment and Deliverables specifically related thereto and
 supplied hereunder shall be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) free
 from Proprietary Equipment Defects at Delivery; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) supplied
 solely in English and in standard formats subject to the reasonable approval of both Parties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2. In
 the event any of the Proprietary Equipment are found to be defective, Supplier's sole
 obligation shall be, at its option and expense, to repair or replace all Defective Proprietary
 Equipment if, within the later of (a) [\*\*\*] months from the date such Proprietary Equipment
 is installed at the Facility, or (b) [\*\*\*] months from the Delivery Date for such Proprietary
 Equipment, either (i) Supplier becomes aware of the Proprietary Equipment Defect in its role
 as EPCM; or (ii) Owner gives notice of the relevant Proprietary Equipment Defect to Supplier.
 Any Defective Proprietary Equipment replaced under warranty shall become the property of
 Supplier. Replacement or repair of Defective Proprietary Equipment in whole or in part shall
 extend the warranty period, only for such repaired Proprietary Equipment, for one year; however,
 in no event shall Supplier's warranty obligations extend more than [\*\*\*] months from
 the initial installation of the Proprietary Equipment at the Facility. Where Supplier has
 an obligation to repair or replace Defective Proprietary Equipment, Owner shall, at its own
 expense, make such Defective Proprietary Equipment accessible at the Facility location in
 a manner as Supplier may reasonably request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3. Notwithstanding
 Clauses 2.1 and 2.2 to these Supplementary Terms and Conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Except
 to the extent that any of the following arise out of or result from Supplier's failure
 to comply with its obligations as EPCM under the Agreement, Supplier shall not be liable
 or responsible for any Proprietary Equipment Defects arising from (i) a failure to install,
 test, commission, operate or maintain the Proprietary Equipment in accordance with Supplier
 specifications, manuals and other instructions, (ii) corrosion, (iii) normal wear and tear,
 (iv) Force Majeure Event, (v) use of replacement parts supplied by any person other than
 Supplier, or (vi) any alterations, modifications or repairs made without Supplier's
 prior consent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Except
 to the extent that any of the following arise out of or result from Supplier's failure
 to comply with its obligations as EPCM under the Agreement, all Supplier warranties will
 be voided in the event of (i) any unauthorized alterations, modifications or repair to the
 Proprietary Equipment, (ii) the use of replacement parts manufactured by a third party without
 Supplier's prior written consent, or (iii) any failure to install, test, commission,
 operate or maintain the Proprietary Equipment in accordance with Supplier specifications,
 manuals and other instructions(but only to the extent not performed by Supplier); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Standard
 components that are purchased from third parties and incorporated into the Proprietary Equipment
 are covered by the original manufacturer's licenses and/or warranties, if any, which
 will be assigned to Owner and Supplier shall have no obligations in respect thereof, except
 for Supplier's obligations as EPCM under the Agreement.© Hatch 2026 Page 4

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4. Owner
 shall promptly notify Supplier in writing, within the relevant warranty periods, of any actual
 or alleged Proprietary Equipment Defects of which Owner becomes aware; provided, however,
 that Supplier shall be deemed to have notice of any actual or alleged Proprietary Equipment
 Defects of which Supplier becomes aware in its role as EPCM, and Owner authorizes Supplier
 to immediately proceed with its warranty obligations under this Amendment in such circumstances.
 . Owner shall provide Supplier with all assistance reasonably required in connection with
 the verification and remediation of any such Equipment Defect. If Supplier determines that
 any problems are not the result of a Proprietary Equipment Defect, and Owner agrees with
 such determination, then Owner shall compensate Supplier for the reasonable time spent on
 the investigation at Supplier's Schedule of Rates in effect at the time. If Owner disagrees
 with Supplier's determination, or the cause of the problem cannot be reasonably determined,
 the matter and resulting costs shall be resolved in accordance with the dispute resolution
 provisions of the Agreement; provided, however, that EPCM shall proceed to facilitate remediation
 of such Proprietary Equipment Defect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5. As
 a condition of the Supplier's warranty, such On-Site Technical Support Services (as
 further described in Attachment 3 to this Amendment) must be performed exclusively by the
 Supplier; failure to engage the Supplier for any of these activities shall void the warranty
 to the extent of any resulting defect or non - conformance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6. Subject
 to Clause 2.1, Supplier is not liable or responsible for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 work or products of any third-party suppliers or contractors engaged by Owner who, in both
 cases, are not managed by Supplier in its role as EPCM, including any means, methods, sequences,
 procedures or techniques used by such suppliers or contractors, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) safety
 and security at any Owner premises or the Facility, provided that (i) nothing in this Clause
 2.6 modifies or limits in any way Supplier's obligations with respect to safety and
 security at Owner premises or the Facility in its roles as EPCM under the Agreement; (ii)
 Supplier will comply with all relevant laws and those site requirements relating to safety
 and security that have been notified to Supplier or of which Supplier is aware as EPCM; and
 (ii) Supplier will take reasonable measures to protect the Proprietary Equipment when performing
 Services at the Facility.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7. Unless
 otherwise expressly stated in this Amendment, the Purchase Price set out in Attachment 3
 is exclusive of all costs for building and other permits, environmental fees, or other fees
 or charges which may be imposed by governmental authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.8. Except
 as required under or stated otherwise in the Agreement, the warranty provisions of this Clause
 2 set out Supplier's sole liability in respect of the Proprietary Equipment, and are,
 solely with respect to the Proprietary Equipment, exclusive and in lieu of any other warranties,
 whether written, oral, implied or statutory.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9. All
 statutory warranties (including those in any relevant trade practices or sale of Proprietary
 Equipment laws relating to the quality or fitness for purpose of the Proprietary Equipment)
 are excluded or limited to the maximum extent permitted by law.© Hatch 2026 Page 5

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10. If
 Supplier fails to remedy any Defective Proprietary Equipment within a reasonable period after
 becoming aware of a Proprietary Equipment Defect in accordance with Clause 2.4, or receiving
 written notice from Owner, and after being given further reasonable opportunity to cure (taking
 into account the nature of the defect and availability of parts), Owner shall have the right,
 after giving Supplier a further written notice, to remedy such Proprietary Equipment Defect
 itself or through a qualified third party solely to the extent necessary to correct such
 Defective Proprietary Equipment. In such event, Supplier shall reimburse Owner for all reasonable
 and documented costs directly incurred in remedying the Proprietary Equipment Defect, provided
 that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Proprietary Equipment Defect is attributable to Supplier;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 Proprietary Equipment Defect is not subject to a pending or unresolved dispute, and

&nbsp;&nbsp;&nbsp;&nbsp;2.11. the
 total amount of such reimbursement shall not exceed the original cost of the Proprietary
 Equipment and in any event shall be subject to the maximum liability limitations set forth
 in Clause 10 of this Amendment. Supplier disclaims any liability arising from the use of
 the Proprietary Equipment or any Deliverables specifically related thereto in contravention
 of this Amendment or any specifications, manuals or other instructions provided by Supplier.

**3.** INTELLECTUAL
 PROPERTY AND CONFIDENTIALITY RELATED TO THE SUPPLIER'S PROPRIETARY EQUIPMENT TECHNOLOGY

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1. The
 Owner acknowledges and agrees that the Proprietary Equipment to be supplied by the Supplier
 pursuant to this Amendment, as more specifically described in Attachment 2, is being designed,
 engineered, and configured for application at the Owner's Facility based on, and incorporating
 the Supplier Proprietary Equipment Background IP. Except as stated otherwise in this Amendment,
 Owner's rights in any Supplier Proprietary Equipment Background IP shall be the same
 as Owner's rights in Pre-Existing EPCM Intellectual Property under the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2. Except
 for the Proprietary Equipment itself, any patterns, templates, jigs or other fixtures or
 equipment provided by Supplier in the course of facilitating the fabrication of the Proprietary
 Equipment shall remain the property of Supplier.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3. Supplier
 grants Owner:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 non-exclusive, non-transferable, non-sublicensable, perpetual, and unless otherwise agreed,
 royalty-free license to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) assemble
 and install the Proprietary Equipment solely at the Facility, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) use,
 operate, and maintain, at the Owner's discretion, the Proprietary Equipment solely
 at the Facility, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) subject
 to Clause 3.5, a non-exclusive, non-transferable, non-sublicensable, perpetual, and unless
 otherwise agreed, royalty-free license to all future modifications, improvements and developments
 to the Proprietary Equipment to which Supplier has any right, title or interest.© Hatch 2026 Page 6

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

Notwithstanding the foregoing, Owner may transfer the rights granted under this Clause 3.3 to an entity established for the development, ownership, or operation of the Facility, provided that such transfer shall not be made to a Competitor of Supplier. For the purposes of this Clause 3.3, "Competitor" means any entity or individual whose business includes the design, manufacture, or supply of autoclave systems or substantially similar pressure processing equipment that competes with the Proprietary Equipment. For clarity, any Deliverables specifically related to the Proprietary Equipment that are provided to Owner by the Supplier that relate to the Proprietary Equipment may be used by Owner solely for the purposes of installing, assembling, operating, using and maintaining the Proprietary Equipment at the Facility and for no other purpose.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4. Owner
 shall use best efforts to arrange for Supplier to be granted reasonable access to all installations
 of the Proprietary Equipment or improved Proprietary Equipment and to any related operational,
 maintenance, process and equipment instrumentation data for purposes relating only to the
 use or improvement of the Proprietary Equipment and for technology development purposes.
 Such access shall, unless requested by Owner, be at Supplier's expense. Any data collected
 by Supplier will be subject to the confidentiality provisions set out in the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5. Owner
 will have the right to use, for no additional fee, all future modifications, improvements
 and/or developments to the Proprietary Equipment to which Supplier has any right, title or
 interest, regardless of when these developments are or were made, and regardless of whether
 these developments are or were made by Supplier, the Owner, and/or existing or future licensees
 of the Proprietary Equipment. Owner agrees to disclose to Supplier the results of any testing
 of the Proprietary Equipment or improved Proprietary Equipment, which shall be treated as
 Owner Confidential Information under the Agreement. In addition, Supplier and Owner agree
 to (i) disclose to one another all modifications, improvements and/or development it makes
 in relation to the Proprietary Equipment, and (ii) their use without any payments additional
 to those set out in this Amendment or Agreement. Owner hereby assigns to Supplier any rights
 which Owner may have now or in the future to any modifications, improvements, and/or developments
 containing or based upon the Proprietary Equipment. Owner acknowledges that all rights, title
 and interest in and to all modifications, improvements, and/or developments thereto, including
 any patents, industrial designs, copyrights, trademarks, or other intellectual property directly
 related to Proprietary Equipment modifications, improvements and/or developments shall vest
 in Supplier. Owner shall have a perpetual, irrevocable, royalty-free, fully paid license
 (with the right to (i) disclose Confidential Information and Deliverables related to the
 Proprietary Equipment to Project contractors to the extent necessary for such contractors
 to carry out their obligations; and (ii) transfer to lenders for financing, enforcement,
 and step-in purposes or to a successor of Owner as a result of a sale of the Project or change
 in control or ownership of Owner), to use Proprietary Equipment modifications, improvements
 and/or developments solely for the , construction, commissioning, operation, maintenance,
 debottlenecking, and expansion of the Project. The Owner acknowledges and agrees that the
 Purchase Price for the Proprietary Equipment set out in Attachment 3 does not include the
 cost of implementing any such modifications, improvements, or developments to the Proprietary
 Equipment that the Owner may wish to incorporate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6. The
 third-party intellectual property infringement indemnity set out in Article 10.6 of the Agreement
 shall apply mutatis mutandis to the supply of the Proprietary Equipment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7. The
 Owner acknowledges and agrees that the Proprietary Equipment, all Deliverables relating to
 the Proprietary Equipment, and all information pertaining to the Supplier's Background
 IP constitute Confidential Information of the Supplier. Accordingly, the confidentiality
 obligations set out in Article 12 of the Agreement shall apply, mutatis mutandis, to this
 Amendment and to all such information.© Hatch 2026 Page 7

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**4.** INSPECTIONS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1. Shop
 inspections shall be performed in accordance with the schedule set out in Attachment 4 of
 this Amendment, and at such other times as deemed necessary by Supplier.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2. Shop
 inspections may be attended by Owner or Owner's delegate at Owner's expense.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3. Shop
 inspections and testing shall conform to the general standards and practice of testing in
 the specific discipline or field.

**5.** **USE AND OWNERSHIP OF PROPRIETARY EQUIPMENT AND INFORMATION** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2. Proprietary
 Equipment and Deliverables related specifically thereto shall be provided to Owner solely
 for use in connection with the installation, testing, operation, and maintenance of the Proprietary
 Equipment at the Facility.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3. Owner
 shall not use any drawings, document or information disclosed to it in connection with this
 Amendment to design, reverse engineer, fabricate, construct or install any of the Proprietary
 Equipment, plant or system, or part of any equipment, plant or system, of the same or similar
 nature, either for itself or for any third party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4. Any
 information or Deliverables provided by Supplier to Owner in connection with the Proprietary
 Equipment are provided solely for use by Owner and its agents or successors in connection
 with the assembly, installation, maintenance and operation of the Proprietary Equipment.
 Supplier makes no warranty or representation and assumes no liability in respect of (i) the
 wrongful or unauthorised use of information or Deliverables related to the Proprietary Equipment
 by Owner or third parties and (ii) the accuracy or completeness of information based on Owner
 Supplied Information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5. Owner
 shall use and operate the Proprietary Equipment in accordance with all manuals, maintenance
 procedures and documentation provided by Supplier or the original equipment manufacturer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** **DRAWINGS, DOCUMENTS AND DESIGN INFORMATION** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1. The
 provisions of Clause 10.7 of the Agreement shall apply, mutatis mutandis, to any Third Party
 Information that the Supplier relies upon in the design, engineering, manufacture, or supply
 of the Proprietary Equipment under this Amendment. Without limiting the application of Clause
 10.7, and in addition to the Owner's cost responsibilities as set out therein, Owner
 shall also be responsible for any refabrication costs, rework, replacement, and/or redelivery
 of any items for which such deficiencies are discovered after fabrication and/or delivery
 and attributable to an error, deficiency, or the like in the Third Party Information that
 was relied upon in respect of the Proprietary Equipment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2. Supplier
 shall provide drawings and/or other technical documentation in accordance with Attachment
 2 to this Amendment. However, Supplier shall not provide shop drawings or engineering detail
 drawings, or proprietary calculations or other proprietary engineering data.© Hatch 2026 Page 8

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**7.** DELIVERY

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1. Delivery
 of the Proprietary Equipment shall be completed per the Incoterms set out in Attachment 4
 to this Amendment and the Purchase Price related thereto is reflected thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2. Unless
 otherwise specified in this Amendment, Delivery shall be deemed to have occurred upon the
 delivery of the Proprietary Equipment to the agreed upon delivery location, as set out in
 Attachment 4.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3. Supplier
 is considered to have delivered the Deliverables related to the Proprietary Equipment upon
 electronic transmission to Owner confirmed by Supplier's computer systems or acknowledged
 by Owner's receipt, or upon confirmed courier delivery to Owner's designated
 office.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.4. Partial
 deliveries are permitted if referenced in Attachment 4 to this Amendment or otherwise confirmed
 by the Parties in writing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.5. Supplier
 will provide Owner with at least three (3) business days' advance notice of Delivery,
 together with a description of the Proprietary Equipment being delivered, the weight and
 measurement of the Proprietary Equipment and any other relevant information reasonably requested
 by Owner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.6. In
 the event that the Proprietary Equipment is completed and ready to be shipped and Delivery
 is delayed by Owner for whatever reason (except to the extent that such delay is the result
 of Supplier's failure to comply with its obligations as EPCM under the Agreement),
 the Proprietary Equipment shall be put at the disposal of Owner in the Supplier shop or shops.
 In the event of a delay described in the foregoing sentence, then, notwithstanding any terms
 to the contrary in the Agreement or this Amendment, upon notification to Owner that the Proprietary
 Equipment are ready for shipment, Supplier shall be deemed to have completed its Delivery
 obligations, the Warranty Period shall commence upon departure from Supplier's fabrication
 shops, and the payments due upon shipment shall be invoiced. Any costs, risks and/or liabilities
 associated with the intermediate storage of the Proprietary Equipment shall be borne by Owner.
 Owner agrees to reimburse Supplier for any reasonable costs and expenses it incurs to facilitate
 any such intermediate storage. For clarity, Supplier shall have no liability arising from
 any inability of Owner to legally affect Delivery per the applicable Incoterms, including,
 for example, from circumstances where the Owner is not legally capable of fulfilling its
 importer/consignee obligations as required by the applicable Incoterms; provided that Owner's
 inability is not the result of Supplier's failure to comply with its obligations as
 EPCM under the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.7. If
 Owner fails (due to no fault of Supplier in its role as EPCM under the Agreement) to (i)
 make payment in accordance with the payment terms stated in Attachment 3 to this Amendment;
 or (ii) provide drawings, documents or other information required for completion of the work
 in a timely manner, Supplier shall be entitled to a reasonable extension of the Delivery
 Date commensurate with the delay attributable to Owner, including any additional time required
 if fabrication slots cannot be maintained as a result of such delay. Supplier shall also
 have the right to suspend performance in accordance with Attachment 3. Supplier shall not
 be liable for any delay, damages, or liquidated damages arising from such Owner caused delay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.8. Supplier's
 obligation to complete Delivery by the Delivery Date(s) shall be suspended throughout the
 duration of, and extended by the length of, a Force Majeure Event.© Hatch 2026 Page 9

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.9. If,
 other than by reason of a breach by Supplier of this Amendment, or of Supplier's obligations
 as EPCM under the Agreement, (a) Supplier is required to deliver the Proprietary Equipment
 in circumstances other than those expressly or reasonably assumed and normally pertaining
 to Proprietary Equipment of a similar nature, including any site conditions that were not
 known to Supplier on the date of the Amendment, (b) there is a change in the specifications
 or Delivery of the Proprietary Equipment, (c) there is a Force Majeure Event, or (d) additional
 costs are incurred as a result of a Change in Applicable Law, then Supplier may seek a Change
 Order in accordance with Article 5.3 of the Agreement.

**8.** TRANSFER
 OF RISK & TITLE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1. Notwithstanding
 provisions herein relating to transfer of title, all risk in the Proprietary Equipment covered
 under this Amendment shall pass to Owner immediately upon Delivery of the Proprietary Equipment
 per the applicable Incoterms, as set out in Attachment 4 to this Amendment; provided, however,
 that nothing in this Amendment limits or modifies Hatch's obligations with respect
 to its role as EPCM under the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2. Except
 as required under or otherwise stated in the Agreement with respect to Supplier's obligations
 as EPCM, after the transfer of risk per Clause 8.1 and before the transfer of title to the
 Proprietary Equipment in accordance with Clause 8.3, Owner shall be responsible for the safe
 custody, protection and preservation of the Proprietary Equipment, and shall take all proper
 steps to obtain adequate insurance coverage thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3. Notwithstanding
 provisions herein relating to transfer of risk, title to the Proprietary Equipment and Deliverables
 shall pass to Owner when all amounts owing to Supplier on account of the Purchase Price have
 been paid to Supplier. Following and notwithstanding such transfer of title, the Parties
 shall continue to honour the confidentiality provisions of the Agreement with respect to
 the Proprietary Equipment and Deliverables related specifically thereto.

**9.** INSURANCE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1. The
 insurance provisions set out in Article 9 of the Agreement shall apply to the supply of Proprietary
 Equipment under this Amendment, mutatis mutandis. Without limiting the foregoing, references
 to the "Services" in Article 9 shall, to the extent applicable, be deemed to
 include the supply of the Proprietary Equipment. For clarity, nothing in this Amendment shall
 require the Supplier to obtain insurance coverage beyond that required under the Agreement.

**10.** LIMITATION
 OF LIABILITY; INDEMNIFICATION (PROPRIETARY EQUIPMENT ONLY)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1. Article
 11.4 (Limitation of Liability) of the Agreement shall continue to apply in full to the Services
 (as defined in the Agreement). This Clause 10 of these Supplementary Terms and Conditions
 applies solely to the Proprietary Equipment to be supplied under this Amendment and shall
 not apply to the EPCM Services that are the original subject of the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2. The
 aggregate liability of the Supplier arising directly from Proprietary Equipment Defects or
 the Supplier's failure to deliver the Proprietary Equipment, including any liquidated
 damages that may be assessed in respect of this Amendment (if any), shall be subject to a
 separate and independent limitation of liability from that applicable to the Services under
 the Agreement and such limitation of liability applicable to this Amendment and as set out
 in this Clause 10, shall not erode, reduce, or otherwise affect the limitation of liability
 applicable to the Services, as further set forth in Article 11.4 of the Agreement.© Hatch 2026 Page 10

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3. Subject
 always to the exclusions set out in Article 11.4 of the Agreement, the Supplier's total
 aggregate liability arising out of or in connection with the supply of the Proprietary Equipment
 under this Amendment shall not exceed one hundred percent (100%) of the Purchase Price of
 the Proprietary Equipment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4. The
 Supplier shall have no liability for any Reconstruction Costs (as defined in the Agreement)
 in respect of the Proprietary Equipment and this Amendment. The Supplier's sole and
 exclusive obligations, and the Owner's sole and exclusive remedies, in respect of the
 Proprietary Equipment are limited to the express warranties and remedies set out in Section
 2 of this Amendment. For the avoidance of doubt:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Process Guarantee set out in Exhibit F of the Agreement is a facility-level guarantee applicable
 solely to the Services and shall not apply to or be incorporated into the performance of
 the Proprietary Equipment; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)** no
 performance, throughput, recovery, availability, or process outcome guarantee applies to
 the Proprietary Equipment except as expressly set out in Attachment 2 to this Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.5. The
 indemnification provisions set out in Articles 11.1 and 11.2 of the Agreement shall apply
 to the supply of the Proprietary Equipment, subject to the limitations and exclusions set
 out in this Clause 10 to these Supplementary Terms and Conditions.

**11.** TERMINATION

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.1. In
 addition to the provisions in Article 6.9 of the Agreement, Owner may, at any time, terminate
 this Amendment for its convenience by providing Supplier with not less than thirty (30) days'
 prior written notice. In the event of such termination, Owner shall pay Supplier for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 Proprietary Equipment delivered up to the effective date of termination,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 reasonable, unavoidable and documented costs directly resulting from such termination (including
 demobilization and cancellation charges of sub-suppliers or suppliers), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) All
 amounts relating to Proprietary Equipment for which Supplier has placed non-cancellable orders
 with third party suppliers (and notified Owner of such orders in advance), in which case
 Supplier will continue to supply such Proprietary Equipment to Owner in accordance with this
 Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.2. If
 Supplier exercises its termination for cause rights under Article 6.11 of the Agreement,
 then in addition to the remedies specified therein, Supplier shall also be entitled to payment
 for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all
 Proprietary Equipment delivered up to the effective date of termination,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a
 reasonable profit on Proprietary Equipment and Services satisfactorily performed prior to
 termination, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) amounts
 relating to Proprietary Equipment for which Supplier has placed non-cancellable orders with
 third party suppliers, in which case Supplier will continue to supply such Proprietary Equipment
 to Owner in accordance with this Amendment.© Hatch 2026 Page 11

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.3. If
 Owner wholly suspends Supplier's performance of its obligations under this Amendment
 due to a Force Majeure event and, at the time of such suspension, the Proprietary Equipment
 is completed or ready for delivery but cannot be accepted by Owner due to a Force Majeure
 event, Supplier may place the Proprietary Equipment in storage. All costs and expenses associated
 with transportation to storage, handling, insurance, preservation, and storage shall be for
 Owner's account. If, at the time of such complete suspension, (a) the Proprietary Equipment
 is not yet complete and ready for delivery; (b) such suspension continues in whole for one
 hundred and eighty (180) consecutive days; and (c) Supplier demonstrates by reasonable documentary
 evidence that it will be unable to resume performance of its obligations following the conclusion
 of the Force Majeure due to the refusal of its vendors and fabricators of the Proprietary
 Equipment, then Supplier may terminate this Amendment by notice to Owner if Owner fails to
 direct the resumption of Supplier's obligations hereunder within thirty (30) days after
 Supplier's notice of intent to terminate (or such longer period of time mutually agreed
 by the Parties). The termination will be on the terms set forth in Clause 11.1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.4. Article
 29 of the Agreement shall apply to this Amendment provided that if the Owner is required
 to assign this Amendment and/or its obligations under the Amendment to a financing party
 pursuant to Article 29 of the Agreement, any such assignment shall be contingent upon the
 following:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Any assignment shall not, except as authorized
 or agreed pursuant to this Amendment or Article 5 of the Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(i)*** increase
Supplier's obligations, restrict Supplier's rights or remedies, or impose any additional duties, reporting requirements,
or liabilities on the Supplier beyond those expressly set out in this Amendment; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(ii)*** interfere
with fabrication, the delivery schedule, or payment of Supplier's payment milestones as set out in Attachment 3 to this Amendment.© Hatch 2026 Page 12

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**Attachment 2** 

**<u>Technical Specification and Scope of Supply for the Proprietary Equipment</u>**

<u>[\*\*\*]</u>© Hatch 2026 Page 13

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**Attachment 3** 

**<u>Purchase Price, Payment Terms, and Payment Schedule for the Proprietary Equipment</u>**

1. The
 Proprietary Equipment is being supplied for the following Purchase Price, which is inclusive
 of [\*\*\*].

---

| | |
|:---|:---|
| **Item Description** | **Price (USD)** |
| Fixed Price Supply of Goods by Hatch |  |
| Design and Supply of Autoclaves, Flash Vessels, and Cyclones, as described in Table 4 | $[\*\*\*] |
| Spare Parts | $[\*\*\*] |
| **Subtotal - Fixed Price Supply of Goods by Hatch** | $**[\*\*\*]** |

---

2. The
 Purchase Price for the Proprietary Equipment will be payable to Supplier in accordance with
 the following payment terms :

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Payment No.** | **%<br> Incremental** | **Payment <br> Amount $USD** | **Weeks from <br> Contract <br> Signature <br> (Estimated)** | **Payment Milestone** |
| [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] |
| [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] |
| [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] |
| [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] |
| [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] |
| [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] | [\*\*\*] |
| **Total** | **[\*\*\*]** | **[\*\*\*]** |  |  |

---

3. Supplier
 shall issue invoices on the actual completion date of each milestone, which may not necessarily
 match the timelines indicated above. Each invoice shall include supporting documentation
 evidencing completion of the applicable milestone as specified in the table in Clause 2 above.

4. The
 provisions of Article 4.4 (relative to the supporting documentation for each milestone) and
 Article 4.5 of the Agreement are incorporated into this Amendment *mutatis mutandis* and
 any reference to "Services" shall be deemed to include the Proprietary Equipment
 and references to "subcontractors" shall be deemed to include Supplier's
 vendors.© Hatch 2026 Page 14

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

5. Except
 for [\*\*\*], payment shall be made [\*\*\*] from the date of invoice. Owner's payment obligations
 of any invoices are subject to Article 4.6 and 4.7 of the Agreement. All payments shall be
 made by Owner to Supplier by electronic wire transfer in United States Dollars (USD), and
 to the bank account specified on Supplier's invoices. Upon any payment being made,
 Owner shall send Supplier a notice of remittance advice to the email address specified on
 Supplier's invoices. Interest will be paid on past due amounts related to the Proprietary
 Equipment at a rate of [\*\*\*]% per annum, or the maximum rate permitted by law, whichever
 is lower, calculated from the due date until the date payment is received. Supplier may suspend
 performance of this Amendment in accordance with Article 6.8 of the Agreement.

6. If
 any portion of the Purchase Price is to be paid following Delivery of the Proprietary Equipment
 to Owner, Owner hereby grants Supplier a purchase money security interest against the Proprietary
 Equipment until such time as the Purchase Price has been paid in full. Owner agrees that
 Supplier may enforce its security interest against the Proprietary Equipment without notice
 and immediately upon Owner's failure to make timely payments in accordance with the
 terms of the Agreement and this Amendment.

7. The
 Purchase Price for the Proprietary Equipment is exclusive of all taxes, duties, tariffs,
 levies and other governmental or regulatory charges, other than taxes on payroll and Supplier's
 net income in the Jurisdiction. If any such taxes, duties, tariffs, levies or charges are
 levied on or applicable to amounts payable to Supplier pursuant to the Amendment, they will
 be borne by Owner and (a) if Supplier is required to pay any such taxes, duties, tariffs,
 levies or charges, the amount of such payments will be reimbursed to Supplier by Owner, and
 (b) if they are required to be withheld or deducted from amounts payable to Supplier, the
 amounts payable will be grossed up so that Supplier receives the entire amount that is due
 pursuant to the terms of the Amendment.

8. The
 Owner's Audit Rights set out in Article 4.10 of the Agreement shall apply to this Amendment,
 provided that such audit rights shall not extend to the Purchase Price of the Proprietary
 Equipment

9. The
 Purchase Price for the Proprietary Equipment does not include any services, other than those
 as may be specifically set out in Attachment 2 to this Amendment. All on - site
 supervision, installation, erection, testing, and commissioning services (hereinafter collectively
 referred to as the " On-site Technical Support Services ")
 are excluded from the Purchase Price of the Proprietary Equipment and will be provided by
 the Supplier at additional cost to the Owner and under a change order to the Agreement to
 be mutually executed by the Parties.© Hatch 2026 Page 15

---

| | |
|:---|:---|
| ![](tm2612437d1_ex10-1img001.jpg) | ![](tm2612437d1_ex10-1img002.jpg) |

---

**Attachment 4** 

**<u>Delivery Schedule for the Proprietary Equipment</u>**

[\*\*\*]© Hatch 2026 Page 16