Kyoto Group AS: New share capital registered

22 Feb 2023 19:56 CET

Oslo, 22 February 2023: Reference is made to the stock exchange announcement by
Kyoto Group AS (the "Company") on 14 February 2023 regarding the final result of
the subsequent offering, where the board of directors of the Company resolved to
issue 141,182 new shares. The share capital increase pertaining to the issuance
of the 141,182 new shares has today been registered with the Norwegian Register
of Business Enterprises (Nw. Foretaksregisteret).

Following this, the Company's registered share capital is NOK 359,709.39 divided
into 11,990,313 shares, each with a nominal value of NOK 0.03.

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 on www.kyotogroup.no

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