Kyoto Group AS: Minutes from extraordinary general meeting

18 Jan 2023 16:50 CET

Oslo, Norway, 18 January 2023.

An extraordinary general meeting of Kyoto Group AS (the "Company") was held
today, 18 January 2023 at 15:00 CET.

The general meeting approved all the proposals on the agenda in line with the
notice dated 11 January 2023, including (i) the share capital increase
pertaining to the private placement of new shares that was successfully placed
on 10 January 2023 and (ii) the board's proposal to authorise the board to
increase the share capital in connection with the potential subsequent offering.

The minutes from the general meeting are attached to this announcement and will
be made available on the Company's website: www.kyotogroup.no.

For further information, please contact:

Håvard Haukdal, Kyoto Group CFO
havard.haukdal@kyotogroup.no
+47 48 10 65 69

About Kyoto Group

Heat accounts for half of industrial energy consumption. Traditionally, nearly
all of it is based on fossil fuels. Kyoto Group's Heatcube, a thermal energy
storage (TES) solution, provides a sustainable and cost-effective alternative by
capturing and storing abundant but variable energy from sources such as solar
and wind. Founded in 2016, Kyoto Group is headquartered in Oslo, Norway, and has
subsidiaries in Spain and Denmark. The Kyoto share is listed on Euronext Growth
(ticker: KYOTO).

More information:
Access the news on Oslo Bors NewsWeb site

580338_Kyoto_Minutes_from_EGM_18_Januar_2023_with_appendixes_.pdf