Capsol Technologies ASA: Minutes from Annual General Meeting

21 May 2025 16:52 CEST

The annual general meeting of Capsol Technologies ASA (the "Company") was held
on Wednesday, May 21, 2025, at 15:00 CEST.

All items on the agenda were approved by the general meeting in accordance with
the proposals from the board of directors.

The general meeting elected Chris Barkey as the new Chair of the board, while
John Arne Ulvan, Monika Inde Zsak, Wayne Gordon Thomson, and Ellen Merete
Hanetho were re-elected as board members.

Barkey brings extensive experience from global industrial companies, including
senior roles such as CTO Industrial Energy Technology of Baker Hughes, Group
Director of Engineering & Technology at Rolls-Royce, and CEO of the Henry Royce
Institute. He currently serves as Non-Executive Director at ELE Advanced
Technologies and Senior Strategic Advisor at Net Power.

Former Chair Endre Ording Sund will continue to support Capsol in his new role
as member of the company's international Advisory Board.

As announced in the Q1 2025 interim report, Capsol Technologies has engaged
Pareto Securities to advance ongoing discussions with potential strategic
partners and review growth financing options to accelerate market deployment and
strengthen the company's presence in key industrial and geographical markets.

The minutes from the meeting, including attendance details and updated articles
of association, are attached to this announcement and available on
https://www.capsoltechnologies.com/general-meetings.

For further information, please contact:
Jacob Zeno Clausen Krøvel
SVP Investment and Strategy, Capsol Technologies
+47 4840 3225
jacob.krovel@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.

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