Capsol Technologies Q4 2025 business and financial update: Capsol Delivers Strong Q4 2025 Momentum with Strategic Partnerships and Strengthened Financial Position

05 Mar 2026 07:00 CET

Capsol Technologies, a leading provider of carbon capture solutions, today
announced its business and financial update for the fourth quarter of 2025.

Commercial momentum

.         Secured exclusivity for development of U.S. gas turbine project; pre
-FEED started

.         Planning for first CapsolGo® campaign in the UK on a gas engine  - mid
year startup

.         High activity in U.S. with energy demand and European cement

Partnering with industry titans

.         Holcim invests in Capsol following successful demonstration campaign
in 2025

.         Strengthened partnership with Siemens Energy for U.S. gas project;
platform for broader opportunity set

.         Industrial collaboration agreement with Saipem to strengthen project
execution

Financial strength for the next stage

.         Cash position of NOK 50m and additional NOK 45m raised in January

.         EBITDA of NOK -17.9m in 4Q compared to NOK -11m in Q3

.         Cost reduction initiatives progressing, targeting NOK 15m for the year
versus 2025

"Q4 2025 showed strong commercial momentum, including exclusivity in a U.S. gas
turbine project, and high activity within the European cement market. We
deepened partnerships with Holcim, Siemens Energy, and Saipem to scale execution
and broaden opportunities. Financially, we strengthened our position with new
capital, improved cost focus, and clear targets to support the next stage of
growth," said Wendy Lam, CEO of Capsol Technologies.

The Q4 2025 business and financial update presentation is attached and available
on https://www.capsoltechnologies.com/reports
CEO Wendy Lam and CFO Bjørn Kristian Røed will present the results on March 5,
2026, at 09:00 CET. The session will be moderated by SVP Investment & Strategy,
Jacob Zeno Clausen Krøvel.

The presentation will be broadcast as a webcast and questions can be submitted
throughout the streaming event: https://teams.microsoft.com/l/meetup
-join/19%3ameeting_MDc2NjJhOTgtNWZkMS00MWEyLWFkOTItZmJkOWZjZjc0MDgx%40thread.v2/
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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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667537_Capsol_Technologies_Q4_2025_presentation.pdf