XCF Global, Inc. Class A Common Stock

Southern Energy Renewables expands XCF's technology and feedstock capabilities; combined company previously projected approximately $1.8 billion in revenue by 2030 HOUSTON, TX / ACCESS Newswire / October 21, 2026 / XCF Global Inc. ("XCF" or the "Company") (Nasdaq:SAFX) today highlighted the addition of Southern Energy Renewables' technology and feedstock capabilities to its renewable fuels platform. Southern's work has focused on improving the cost, performance and supply reliability of renewable fuels and chemicals, including biomass-conversion pathways and potential higher-value co-products.

Acquisition further expands XCF's alternative energy platform with the proposed addition of ~50 million annual gallons of sustainable aviation fuel, renewable diesel and renewable naphtha production capacity, strategically located in Southern California close to Los Angeles International Airport. Acquisition is expected to be accretive to XCF shareholder value, with XCF management's annual targets of $600 million in gross product sales, $100 million in net revenue and $40 million in EBITDA, following a 9-12-month restart period1.

HOUSTON, TX / ACCESS Newswire / October 16, 2026 / XCF Global, Inc. (NASDAQ:SAFX) today shared the following update with shareholders: "We understand that the recent volatility and decline in our share price have been concerning and frustrating for our shareholders, and we take those concerns seriously. We value the confidence our shareholders have placed in XCF and believe it is important to communicate openly about the progress we are making and the priorities that continue to guide us.

The combination brings together both today-and future technology alternative fuel production capability, biomass-to-fuels development and environmental-asset monetization to support domestic energy security, reduced carbon emissions and alternative uses for agricultural waste products. With the closing of the business combination, XCF is updating its 2027 financial outlook to reflect gross product sales of $650 to 700 million, net revenue of $120- 130 million and EBITDA of $70-75 million.1 XCF believes that the combination will create meaningful shareholder value resulting from combined target 2030 annual gross product sales of more than $1.4 billion, net revenue of more than $400 million and EBITDA of more than $300m.