Capsol Technologies Q3 2025 business and financial update: Maturing pipeline and strengthened partnerships to advance CCUS platform ambition

11 Nov 2025 07:00 CET

Oslo (Norway), November 11, 2025 -Capsol Technologies, a leading provider of
carbon capture solutions, today announced its business and financial update for
the third quarter of 2025.

Momentum building across sectors

.         Projects progressing for first CapsolGT® for low-carbon gas power
plant in the US

.         First studies in the lime and metals processing sectors and
international waste management company

.         New CapsolGo® campaign for cement - several dialogues ongoing

Expanding platform partnerships and strong pipeline

.         Four projects approaching FEED near term and mature project pipeline
with NOK 3.1bn in revenue potential

.         Expanded Munters partnership; launched collaboration with Everllence
on compressor/expander systems and storage developer

.         Dialogues progressing with current and prospective strategic partners

Strengthened liquidity and robust pipeline

.         Revenues of NOK 19 million in Q3 2025 and NOK 97 million LTM

.         21.9 mtpa mature pipeline, stable lead generation volumes supporting
continued growth

.         Liquidity position strengthened to NOK 78m

"Our mature pipeline continues to advance, we are progressing the first project
in the US for our CapsolGT® solution for low-carbon gas power and see strong
momentum across industries preparing for FIDs in 2026 and onwards. The expansion
of our partnership with Munters, including new capital, underlines our shared
commitment to make carbon capture more accessible and efficient. We have
expanded our partnership ecosystem with Everllence and TerraStora. Together with
current and prospective partners, we are taking important steps towards our
ambition of transforming Capsol from a technology provider into a full CCUS
platform company," said Wendy Lam, CEO of Capsol Technologies.

The Q3 2025 business and financial update presentation is attached and available
on https://www.capsoltechnologies.com/reports
CEO Wendy Lam and SVP Investment & Strategy Jacob Zeno Clausen Krøvel will
present the results on November 11, 2025, at 09:00 CET.

The presentation will be broadcast as a webcast and questions can be submitted
throughout the streaming event:
https://investorcast.live/webcastdetail?id=6900e843cf6b11b6bfce2a8e

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

For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 48 40 32 25
jacob.krovel@capsoltechnologies.com
About Capsol Technologies
Capsol Technologies ASA is a carbon capture technology provider with a goal of
accelerating the 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.

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659274_Capsol_Technologies_Q3_2025_presentation.pdf