McPhy Energy : John Cockerill Hydrogen appointed as the buyer of the majority of McPhy’s activities, including the Belfort Gigafactory - Judicial reorganization proceedings converted into judicial liquidation - Trading suspension

Core Points - McPhy Energy has entered judicial liquidation as approved by the Belfort Commercial Court on July 8, 2025, which also included a disposal plan for part of its assets to John Cockerill Hydrogen [1][3] - John Cockerill Hydrogen has acquired a significant portion of McPhy's activities and assets, including the Belfort Gigafactory and over 70% of its French workforce [2] - The trading of McPhy's shares has been suspended, and a delisting from Euronext Growth Paris is forthcoming due to the expected nil value of the shares [4][5] Company Overview - McPhy specializes in hydrogen production equipment and aims to contribute to the global deployment of low-carbon hydrogen solutions for energy transition [8] - The company has been operational since 2008, with development, engineering, and production centers in France, Italy, and Germany, providing a range of hydrogen solutions for various sectors [8]