Capsol Technologies ASA - Refinancing and New Credit Facility

04 May 2026 10:03 CEST

Oslo (Norway), May 4, 2026: Capsol Technologies ASA, a leading provider Capsol
Technologies ASA ("Capsol" or the "Company") has entered into a new credit
agreement with DNB Bank ASA ("DNB") to refinance its existing bank facilities
and strengthen the Company's financial flexibility.

The new agreement consists of a revolving credit facility combined with the
continuation of the Company's existing InvestEU-backed term loan. The structure
provides Capsol with enhanced flexibility to manage its balance sheet, including
the ability to repay and redraw amounts under the facility in line with
operational needs.

The revolving credit facility has a reduced commitment profile, with a
structured and gradual reduction in available commitments from 2027. The
InvestEU-backed term loan continues under its existing terms.

The facility also includes simplified and more flexible financial covenants,
reducing near-term liquidity requirements compared to the Company's previous
financing structure.

The refinancing extends the Company's debt maturity profile and supports
Capsol's ongoing commercial activities.

"This refinancing provides Capsol with a solid financial platform and improved
flexibility as we continue to develop our business and pursue commercial
opportunities. The structure of the facility is well aligned with our
operational needs and supports efficient capital management over time. We
appreciate the constructive dialogue with DNB in establishing a solution that
balances flexibility with a disciplined approach to the balance sheet", comments
Bjørn Kristian Røed, CFO of Capsol Technologies ASA

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 (https://publish.ne.cision.com/l/lprtqfiqc/www.capsoltech
n
ologies.com).

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