Next Hydrogen Solutions Inc. Updates Auditor for Growth Ahead

Next Hydrogen Solutions Inc. Updates Auditor for Growth Ahead

Next Hydrogen Solutions Inc. has officially announced a significant change in its auditing team. This transition from KPMG LLP to MNP LLP demonstrates the company's commitment to enhancing its financial practices and operational efficiency.

The Change in Auditors

On December 1, 2025, Next Hydrogen Solutions Inc. (TSXV:NXH, OTC: NXHSF) appointed MNP LLP as its new external auditor. This decision follows the resignation of KPMG LLP, which occurred at the request of the company effective November 30, 2025. The board of directors made this important decision to ensure a robust financial oversight as the company approaches its next Annual General Meeting.

What Does This Mean for the Company?

This change reflects the company's ongoing efforts to strengthen its internal controls and enhance transparency in its financial reporting. There were no adverse opinions or conflicts reported from KPMG LLP regarding its audit reports for the previous two financial years, which ended on December 31, for 2024 and 2023. Moving forward, Next Hydrogen intends to build upon its solid reputation and boost investor confidence.

Compliance with Regulatory Standards

Next Hydrogen has complied with National Instrument 51-102, which requires public companies to file a Change of Auditor Notice. This notice, submitted on December 1, 2025, included the letters from both KPMG LLP and MNP LLP, confirming their agreement with the statements made in the notice. Such diligence ensures that shareholders are kept fully informed and reassured about the company's financial integrity.

About Next Hydrogen Solutions Inc.

Founded in 2007, Next Hydrogen Solutions Inc. specializes in producing electrolyzers that convert water and electricity into clean hydrogen. This eco-friendly fuel is pivotal in the transition to renewable energy sources. The company's innovative technologies are backed by a portfolio of 40 patents, allowing them to convert intermittent renewable energy into stable, usable hydrogen at scale.

Advancing Technology for a Sustainable Future

As Next Hydrogen evolves, the company is focused on developing commercial solutions that address the pressing need for decarbonization in transportation and industrial sectors. By leveraging sustainable practices, Next Hydrogen aims to play a significant role in the energy transition, offering reliable green hydrogen solutions to its clients.

Building Trust and Transparency

With the change in auditors, Next Hydrogen Solutions Inc. is prioritizing transparency and trust with its stakeholders. By involving MNP LLP, the company aims to harness new perspectives and insights, refining its financial processes and ensuring compliance with all regulatory standards.

Contact Information

For any inquiries, feel free to reach out to Raveel Afzaal, President and Chief Executive Officer of Next Hydrogen Solutions Inc. You can connect via email at rafzaal@nexthydrogen.com or call at 647-961-6620.

Frequently Asked Questions

What prompted Next Hydrogen Solutions Inc. to change its auditor?

The company made this change to enhance financial oversight and operational efficiency as part of its strategic growth plans.

Who are the new auditors for Next Hydrogen Solutions Inc.?

MNP LLP has been appointed as the new external auditors, succeeding KPMG LLP.

How does this change affect shareholders?

This transition is intended to strengthen compliance and transparency, ultimately boosting shareholder confidence in the company’s financial practices.

What does Next Hydrogen specialize in?

Next Hydrogen Solutions Inc. designs and manufactures electrolyzers to produce clean hydrogen, promoting sustainable energy solutions.

How can I contact Next Hydrogen Solutions Inc.?

You can reach Raveel Afzaal, the CEO, at 647-961-6620 or via email at rafzaal@nexthydrogen.com.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.