Capsol Technologies ASA - Trading update

27 Jan 2026 07:29 CET

Oslo, 27 January 2026: Capsol Technologies ASA's ("Capsol" or the "Company")
results for the fourth quarter of 2025 are scheduled, as per the Company's
current financial calendar, to be announced by the Company on 5 March 2026 and
to be approved by the board of directors of the Company prior to such
announcement.

The Company is providing the following selected, preliminary and estimated
figures related to the Company's results for the fourth quarter of 2025:

-          Estimated and preliminary EBITDA* for Q4 2025 between NOK -15 million
and NOK -17 million.

-          Estimated and preliminary Operating income/-loss for Q4 2025 between
NOK -22 million and NOK -24 million.

-          Available liquidity as per 31.12.2025 is NOK 50 million.

The Company provides this information based on the current status of completing
its results for the fourth quarter of 2025. It is emphasised that the Company
has not completed all its financial reporting and related consolidation, review
and control procedures. The estimates provided in this release are therefore
subject to finalisation and change. Consequently, the results for the fourth
quarter of 2025 finally approved and released by the Company may deviate from
the information included herein.

A company update presentation will be made available on the Company's webpage
shortly.

*EBITDA is a measure for indicating operating cash flow and certain results of
operation, and is used by many companies to indicate operational profitability
and performance. Capsol defines EBITDA as earnings before interest, taxes,
depreciation and amortization. Capsol reports its financial results in
accordance with International Financial Reporting Standards ("IFRS"). EBITDA is
a non-IFRS measures and should not be considered as alternatives to, or superior
to, any measure of results, profitability or financial performance presented in
accordance with IFRS.

Contacts

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.

This information is considered to include inside information pursuant article 7
of the EU Market Abuse Regulation and is subject to the disclosure requirements
pursuant to Section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Jacob Zeno Clausen Krøvel, SVP
Investment and Strategy in Capsol Technologies ASA, on 27 January 2026, at 07.29
(CET).

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