0001104659-26-106033 Sample Contracts

Contract
Warrant Certificate • September 9th, 2026 • General Fusion Group Ltd. • Electric services • British Columbia

THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP LETTER AGREEMENT, EFFECTIVE AS OF JULY 10, 2026, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

AMENDMENT NO. 1 TO AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services • New York

THIS AMENDMENT NO. 1 TO AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT (this “Amendment”), is made as of August 3, 2026, by and among General Fusion Group Ltd., a British Columbia limited company (formerly known as Spring Valley Acquisition Corp. III, a Cayman Islands exempted corporation) (the “Company”), Spring Valley Acquisition III Sponsor, LLC, a Delaware limited liability company (the “Sponsor”), and the other Holders party to the Agreement (as defined below) whose signatures appear on the signature pages hereto.

Contract
Lock-Up Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services

THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP LETTER AGREEMENT, EFFECTIVE AS OF JULY 10, 2026, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

WARRANT AGREEMENT SECOND AMENDMENT
Warrant Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services

BETWEEN: GENERAL FUSION GROUP LTD., a British Columbia limited company (the “Company”) ​ ​ AND: ODYSSEY TRANSFER AND TRUST COMPANY, a Minnesota corporation (“Warrant Agent”)

Contract
Lock-Up Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services

THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP LETTER AGREEMENT, EFFECTIVE AS OF JULY 10, 2026, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

Contract
Warrant Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services • British Columbia

THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP LETTER AGREEMENT, EFFECTIVE AS OF JULY 10, 2026, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

Contract
Lock-Up Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services

THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP LETTER AGREEMENT, EFFECTIVE AS OF JULY 10, 2026, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

Contract
Lock-Up Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services

THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP LETTER AGREEMENT, EFFECTIVE AS OF JULY 10, 2026, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

General Fusion Group Ltd. COMMON SHARE PURCHASE WARRANT
Convertible Security Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services • Delaware

THIS COMMON SHARE PURCHASE WARRANT (this “Warrant”) certifies that, for value received, [_____________] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [●], [●] (the “Termination Date”) but not thereafter, to subscribe for and purchase from General Fusion Group Ltd., a British Columbia corporation (the “Company”), up to [______] Common shares (as subject to adjustment hereunder, the “Warrant Shares”) without par value, of the Company (the “Common Share”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

Certain identified information has been excluded from this exhibit both because it (i) is not material and (ii) is the type that the issuer treats as private or confidential. Brackets with triple asterisks denote omissions. STRATEGIC RESPONSE FUND...
Contribution Agreement • September 9th, 2026 • General Fusion Group Ltd. • Electric services • British Columbia

​ ​ Between: ​ ​ HIS MAJESTY THE KING IN RIGHT OF CANADA (“His Majesty”) ​ ​ ​ as represented by the Minister of Industry ​ ​ ​ (the “Minister”) ​ ​ And: ​ ​ General Fusion Inc., a corporation duly incorporated under the laws of British Columbia, having its head office located at 6020 Russ Baker Way, Richmond, BC V7B 1B4 ​ ​ ​ (the “Recipient”)