I have a wine additive that removes the sulphites and it contains hydrogen peroxide and molybdate - would they stay as they are or combine to form something?

I looked into those additives once and chose not to use them. I didn't want to change the flavor of the wine and I am not sure if they do. But I heard you have to use those products exactly as they say on the package. I also heard that just a few drops of regular hydrogen peroxide does remove the sulfites.

Disclaimer - the above is the extent of my science knowledge on this subject and it's not much.