AGREEMENT AND PLAN OF MERGER BY AND AMONG VICTORY OILFIELD TECH, INC., VICTORY H2EG MERGER SUB INC. AND H2 ENERGY GROUP INC. Dated as of July 25, 2023Merger Agreement • July 26th, 2023 • Victory Oilfield Tech, Inc. • Crude petroleum & natural gas • New York
This AGREEMENT AND PLAN OF MERGER (the “Agreement”) is made and entered into as of July 25, 2023 by and among Victory Oilfield Tech, Inc., a Nevada corporation (“Victory”), Victory H2EG Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of Victory (“Merger Sub”) and H2 Energy Group Inc., a Delaware corporation (“H2EG”). Each party to this Agreement is sometimes referred to individually as a “Party” and, collectively, as the “Parties.” Capitalized terms not otherwise defined herein will have the meaning set forth in ARTICLE I.
