Capsol Technologies establishes Advisory Board to support international expansion

04 Nov 2024 13:19 CET

Capsol Technologies ASA, a provider of carbon capture technology to large
emitters, today announces an international Advisory Board as part of the
company's global scale-up.

The Advisory Board brings together seasoned experts from industry, technology
development, commercialization, academia, and government policy.

With the recent addition of Chris Barkey, former CTO of the leading energy
technology company Baker Hughes, the Advisory Board is now complete.

"I am happy to join as an independent advisory board member for Capsol
Technologies, sharing the passion about driving the energy transition by
embracing and sharing new ideas for sustainable progress to mitigate climate
challenges," said Chris Barkey.

"Establishing our Advisory Board marks a key step in our global expansion. These
industry experts will contribute to the growth journey of Capsol to reduce
global emissions as a provider of proven and cost-competitive carbon capture
technologies," said Wendy Lam, CEO of Capsol Technologies.

The Advisory Board consists of the following members:

· Chris Barkey (the UK), former CTO of Industrial Energy Technology for Baker
Hughes, former Group Director, Engineering & Technology for Rolls-Royce plc, and
former CEO of the Henry Royce Institute, the UK national institute for advanced
material science, in addition to a number of board roles; currently Non
-Executive Chairman for ELE Advanced Technologies Ltd and Non-Executive Director
for MDS Aero Support Corporation.
· Morgan Bazilian (US), Director of the Payne Institute for Public Policy and
was previously Lead Energy Specialist at the World Bank, a senior diplomat at
the United Nations and the EU's lead negotiator on technology at the UN climate
negotiations.
· Ian Dunderdale (US), brings expertise in strategy implementation, corporate
and
asset evaluation, valuation, and transaction execution, including Baker Hughes
and Element Resources. Co-founder of two private equity-backed companies.
· Jing Jin (Sweden), Vice President of Clean Technologies at Munters. Highly
experienced in green transition of the industrial sector as well as in emission
abatement. In charge of Munter's carbon capture initiative.
· Jan Kielland (Norway), former CEO of Capsol Technologies. More than 40
years' experience working with and holding management and board positions in
companies within the energy sector.
· Stéphanie Saunier (Norway), Managing Director of Carbon Limits, a consulting
company focusing on climate change mitigation from energy sector operations.
Board member of Carmeuse, a global provider of lime, limestone and mineral-based
products.

For further information, please contact:
Ingar Bergh
Chief Financial Officer, Capsol Technologies ASA
+47 926 20330

ingar.bergh@capsoltechnologies.com

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of
accelerating the world's transition to a net zero future. The technology
combines inherent heat recovery and generation in a stand-alone unit based on a
proven and safe solvent. Capsol's technology is licensed either directly to
customers or through industrial partners globally. Key segments include cement,
biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on
Euronext Oslo Børs (ticker: CAPSL). For more information visit
capsoltechnologies.com.

To receive Capsol's stock exchange and press releases via email, subscribe at
capsoltechnologies.com/investors.

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