XCF Global and Axens North America Announce Commercial Collaboration for Vegan(R) Technology

• XCF Global and Axens North America's Commercial Collaboration Agreement is intended to enable scalable deployment of renewable fuels.

• Each party will contract independently with project developers, with no joint venture, agency relationship, or exchange of confidential technical information between the companies.

• XCF may independently offer its project management, construction, and operational services based on its experience developing and operating a commercial Vegan® unit in the United States.

Commercial collaboration announcement

HOUSTON, TX / ACCESS Newswire / April 6, 2026 / XCF Global, Inc. ("XCF") (Nasdaq:SAFX) a U.S. based sustainable aviation fuel (SAF) producer decarbonizing the aviation industry today announced the execution of a commercial collaboration agreement with Axens North America, Inc. ("Axens"), a leading global licensor of sustainable refining and biofuels technologies. This collaboration is anticipated to enable XCF to deploy its proprietary modular refinery design and engineering blueprint in combination with Axens Vegan® process through a licensing-based model intended to accelerate the development of domestic and global SAF capacity.

Under the agreement, it is expected that XCF and Axens will collaborate to engage with potential project developers and plant owners interested in deploying sustainable fuels facilities. Axens will continue to license its proprietary Vegan® process directly to customers, while XCF may independently offer its project management, construction, and operational services based on its experience developing and operating services through a licensing approach, leveraging its experience building and operating a commercial Vegan® unit in the United States.

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Executive commentary

This collaboration reflects the complementary strengths of both organizations," said Chris Cooper, CEO of XCF Global. "The technology collaboration established through this agreement is designed to allow XCF to pair its proprietary modular refinery design and execution model with Axens' world-class Vegan® process. By deploying a standardized, repeatable refinery blueprint through a licensing-based framework, we believe this collaboration can support the scalable expansion of sustainable aviation fuel production in the United States and around the world. We believe our experience deploying this same modular refinery blueprint and technology through our first international licensing agreement at the New Rise Renewables Australia facility, based on the New Rise Renewables Reno platform, demonstrates the scalability and repeatability of this model across global markets."

"As the market leader in the production of sustainable aviation fuel (SAF) through the HEFA pathway, this collaboration provides an additional opportunity to engage with project developers who benefit from XCF's project development and management capabilities, utilizing Axens Vegan® technology," said Tina Craft, CEO of Axens North America. She added that, "Axens remains fully independent in offering and licensing the Vegan® process worldwide."

Agreement structure

The agreement does not create a joint venture or agency relationship, and each party will contract directly with project developers for its respective scope of work. The collaboration is focused on market engagement and project development support and does not involve the exchange or disclosure of Axens' confidential technical information.

The Commercial Collaboration Agreement has an initial term of three years.

About XCF Global, Inc.

XCF Global, Inc. ("XCF") is an emerging sustainable aviation fuel company dedicated to accelerating the aviation industry's transition to net-zero emissions. Our flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity of 38 million gallons per year, positioning XCF as an early mover among large-scale SAF producers in North America. XCF is working to advance a pipeline of potential expansion opportunities in Nevada, North Carolina, and Florida, and to build partnerships across the energy and transportation sectors to scale SAF globally. XCF is listed on the Nasdaq Capital Market and trades under the ticker, SAFX.

To learn more, visit XCF.Global