Oslo, Norway, September 17, 2025 - Capsol Technologies, a leading provider of carbon capture technology, has been awarded a engineering study evaluating the use of CapsolEoP^® (End-of-Pipe) at a European metal production plant - broadening its addressable market with another carbon-intensive sector.

The project has the potential to capture several hundred thousand tonnes of CO2 annually. Metal production has significant emissions from both energy use and chemical processes, which cannot be eliminated simply by switching to renewable power. CapsolEoP^® is well-suited for metal production, offering large-scale CO2 capture with low energy consumption and without the need for external steam, distinguishing it from other technologies such as amines.

"We are already establishing ourselves as a preferred carbon capture technology for bio-CCS, cement and gas turbines through a growing portfolio of engineering studies, CapsolGo^® demonstration campaigns, licensing agreements and FID on one of Europe's largest carbon capture facilities of its kind," said Cato Christiansen, Chief Technology Officer at Capsol Technologies. "This study, together with the recent studies announced for refinery and lime, demonstrates that our technology can be attractive for several more hard-to-abate industries."

Globally, metal production accounts for close to 10 percent of total CO2 emissions, driven both by high energy demand and by the chemical reactions inherent in smelting processes. With growing demand for low-carbon materials from industries such as automotive and construction, and with regulators tightening emission requirements across Europe, carbon capture is expected to play a critical role in the sector's decarbonization.

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://www.capsoltechnologies.com/).

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