Capsol Technologies appoints Jacob Zeno Clausen Krøvel as SVP Investment and Strategy

07 May 2025 12:38 CEST

Capsol Technologies, a leading provider of carbon capture solutions, has
appointed Jacob Zeno Clausen Krøvel as Senior Vice President, Investment and
Strategy. Krøvel will lead the company's activities across structural
opportunities, strategic positioning, and engagement with capital markets
stakeholders, ensuring that these efforts support Capsol's long-term growth and
value creation.

"Carbon capture is essential for industrial decarbonization. Capsol's energy-
and cost-efficient technology is well-suited for hard-to-abate sectors, and I'm
excited to contribute to scaling the business and unlocking its strategic
potential," said Krøvel.

Krøvel brings over a decade of experience in corporate finance, investment
management, and industrial strategy. He previously served as Head of Investor
Relations at the listed technology company Volue and held roles at Deloitte,
Arctic Asset Management, and as CFO of a division of Norsk Gjenvinning. He holds
an MSc in Applied Economics and Finance from Copenhagen Business School (CBS)
and additional studies at Erasmus University Rotterdam.

"We're pleased to welcome Jacob as we continue to build on a highly competitive
technology platform and explore new opportunities to accelerate the deployment
of our solutions. His background in finance, strategy, and investor engagement
adds valuable capacity to our leadership team," said Ingar Bergh, CFO of Capsol
Technologies.

For further information, please contact:
Ingar Bergh
Chief Financial Officer, Capsol Technologies ASA
+47 926 20 330

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. Capsol's 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

More information:
Access the news on Oslo Bors NewsWeb site