Oslo (Norway), November 10, 2025 - Capsol Technologies ASA today announced a strategic cooperation agreement with Everllence (formerly MAN Energy Solutions) to integrate compression and expansion equipment with the CapsolEoP^® solution.

The aim is to qualify and standardize equipment packages tailored to Capsol's carbon capture technology. This will simplify procurement for project developers, lower costs, and shorten time from investment decision to operation. Based on joint testing and development, the partnership will further strengthen the attractiveness of CapsolEoP^®, which typically delivers 20-60% lower levelized capture costs than amine-based solutions.

"Working with leading equipment providers is part of our strategy to make carbon capture easier to buy. Within our pipeline of large carbon capture projects, for example in biomass and cement, CapsolEoP^® requires equipment for efficient, high-capacity flue gas handling. By combining Everllence MAX1 axial compressors and axial expanders with our capture technology, we will strengthen our offering," said Cato Christiansen, Chief Technology Officer, Capsol Technologies ASA.

Everllence brings experience from more than 25 large carbon compression projects across power generation, chemicals, refineries, and cement. The collaboration builds on CapsolGo^® demonstration campaign tests and also includes joint sales and marketing efforts.

"The combination of our axial compressor and expander portfolio with Capsol's hot potassium-based capture technology offers a clear path to robust, energy-efficient flue-gas handling," said Dennis Többen, Head of Product Management Industries, Everllence. "Through this collaboration, we will generate the qualification data, integration guidelines and design envelopes that enable developers and EPCs to scale reliable, cost-effective carbon capture solutions."

Capsol is building an ecosystem of partners to support emitters throughout the project lifecycle - from feasibility and demonstration to full-scale operations. As communicated in the Q2 2025 report, several strategic partnership processes are progressing steadily.

For further information, please contact:
Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 4840 3225

jacob.krovel@capsoltechnologies.com

About Everllence

Everllence (formerly MAN Energy Solutions) is a leading provider of propulsion, decarbonization and efficiency solutions for shipping, the energy economy and industry. True to our motto - `Moving big things to zero' - we help key industries in the global economy to reduce hard-to-abate emissions. Our technologies have a measurable impact on the success of the global energy transition. Headquartered in Germany, Everllence employs some 15,000 people at over 140 sites globally. Our after-sales brand, Everllence PrimeServ, also supports our customers through its worldwide service-center network.

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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