03/27/2026
OTCID: CBRF
CyberFuels Holding Company, Inc.
Shareholder Update Letter
Palm Beach Gardens, FL — March 27, 2026
CyberFuels Holding Company, Inc. (OTCID: CBRF) today provided a shareholder update on continued progress across the Company’s operational infrastructure, strategic partnership initiatives, and revenue-generating business lines under the leadership of Jacob Borg, President of CyberFuels, Inc.
Since joining the Company, Mr. Borg has led a comprehensive overhaul of the Company’s internal systems and operating framework, focused on establishing an institutional-grade foundation to support scalable growth. This includes the modernization of corporate documentation, implementation of structured databases, and the development of internal controls and standardized transaction templates across the Company’s operations.
In parallel, the Company has advanced the structuring of its storage and terminal infrastructure platform, including the development of pre-construction storage lease agreements designed to support the underwriting and procurement of a construction loan. These efforts are intended to position the Company to secure project-level financing on competitive terms while aligning with long-term counterparties. We are currently in discussions to potentially fulfill this alternative.
At the turn of the year, responsibility for managing and procuring leasing, partnership, and financing relationships was transitioned to Jacob Borg and Tom Ireland, Managing Director and Head of Trading. Following this transition, management conducted a comprehensive review of ongoing processes and counterparties, identifying areas where ex*****on risk and alignment required improvement. As a result, the Company implemented a more disciplined, institutionally oriented approach to partner selection and transaction structuring.
This strategic reset reflects a shift toward prioritizing counterparties with demonstrated operational capability, greater financial certainty, and alignment with the Company’s long-term infrastructure and expansion objectives. The current process is therefore centered on identifying a strategic partner capable of supporting both the development of the terminal and the broader platform expansion that is expected to follow.
The Company is currently engaged in active discussions with multiple groups, ranging from well-established middle market operators to globally recognized participants in the energy and infrastructure sectors. Due to the nature of these negotiations and standard confidentiality requirements, the Company is not at liberty to disclose the identities of these counterparties at this time. The Company expects to provide an update upon selection of a partner best suited to advance the project together with the Company.
In connection with the capital strategy for the project, CyberFuels has also evaluated multiple land-to-construction bridge loan options to address the existing mortgage position. While several viable financing alternatives have been identified, the Company is prioritizing a partner-led solution to minimize incremental closing costs, fees, and carrying expenses typically associated with interim loan structures. This approach is intended to deleverage the project more efficiently during a phase where the asset is not yet generating full operational cash flow.
Separately, the Company is advancing initiatives to generate near-term revenue from its existing site. Mr. Borg is leading efforts to operationalize the Company’s spoils parcel as a managed intake and redistribution site for certified clean fill. This is expected to create a recurring revenue stream both prior to and following completion of the terminal, while leveraging the site’s existing designation and logistical positioning. In addition, the Company has received a Letter of Intent to lease a portion of the spoils parcel for open storage, which is expected to generate additional revenue beginning mid-summer 2026.
CyberFuels has also made progress in expanding its fuel additive business. The Company is actively working to extend distribution of its cetane and octane-enhancing additives into Canada in connection with a transaction currently under development. The initial shipment could be expected as early as May 2026, with volumes anticipated to scale progressively to 10–12 totes per month with this client alone. Management views this as potentially becoming a meaningful customer relationship through our distributor that could provide a recurring revenue stream, with additional additive relationships currently in development behind this initial engagement.
Additionally, the Company, through its wholly-owned subsidiary CyberFuels Trading, LLC, has successfully launched its fuel trading division, a new business line established by Mr. Borg and Mr. Ireland. Under Mr. Ireland’s leadership as Managing Director and Head of Trading, the division is focused on principal-based physical trading in supply-constrained and structurally advantaged markets across the Western Hemisphere. Both Mr. Borg and Mr. Ireland bring extensive contacts and business opportunities to the Company necessary to build out this new business line. The trading division is currently in its early stages, with management focused on selectively deploying into transactions that require disciplined capital allocation and offer strong risk-adjusted returns. The Company is currently targeting supply-constrained corridors across the Western Hemisphere, with active engagement in South American markets where the Company has identified structurally advantaged opportunities. Management’s approach emphasizes quality of ex*****on over volume at this stage, with a focus on building a track record and counterparty relationships that support the division’s longer-term growth.
Over the past several months, CyberFuels has also refined its counterparty engagement process, implementing more rigorous qualification standards and prioritizing engagement with groups that demonstrate both financial capability and ex*****on certainty. This shift reflects the Company’s broader commitment to operational discipline and long-term value creation.
“When we evaluated the initial pathways for this terminal project, it became clear that ex*****on risk and long-term alignment needed to take precedence over short-term economics. Tom and I have taken direct ownership of the process and implemented a more disciplined framework around partner selection, capital structuring, and ex*****on.”
“We are not pursuing capital for the sake of capital. Our objective is to secure a partner that brings operational strength, financial certainty, and alignment with our long-term strategy — while avoiding structural complexities that could create friction or limit value in future phases of growth. In parallel, we are activating near-term revenue streams through our trading platform, spoils operations, and additives business, positioning the Company with both immediate traction and long-term scalability.”
— Jacob Borg, President, CyberFuels, Inc.
The Company expects to provide additional updates in the near term as partnership discussions progress and key milestones are achieved.
About CyberFuels Holding Company, Inc.
CyberFuels Holding Company, Inc. is an energy infrastructure and trading company focused on the development of fuel storage assets, principal-based physical trading, and proprietary fuel additive technologies. The Company is pursuing an integrated strategy across infrastructure, logistics, and product optimization to serve evolving energy markets