Chariot announced the completion of the Feasibility Study for the large-scale green hydrogen project "Project Nour" in Mauritania which has now been presented to the Government of Mauritania. Project Nour is equally owned through a 50%/50% partnership between Chariot's fully owned subsidiary Chariot Green Hydrogen and TE H2, a company co-owned by TotalEnergies and EREN Group, and is being developed with the support of Mauritania's Ministry of Petroleum, Energy and Mines. Highlights: Further definition of the scale and viability of the project, building on the Pre-Feasibility Study completed in 2022 which confirmed that with up to 10 GW of electrolysis installed, Project Nour could become one of the large green hydrogen projects globally; Intention to execute a phased development with a first phase renewable capacity of 3 GW, powering up to 1.6 GW of electrolysis capacity, to produce 150 kt of green hydrogen per annum; Offtake possibilities: domestic use for green steel production and export of green ammonia; Geographical proximity to Europe and existing deep-sea port at Nouadhibou provides favorable export options; Sustainable economic development with content plan aimed at maximizing employment and business opportunities in Mauritania; Completed in compliance with Equator Principles and IFC Performance Standards; Next steps include completion of investment framework, engineering onceptual study and offtake negotiations.