Oslo, Norway, September 10, 2025 - Capsol Technologies ASA today announced that Chief Financial Officer (CFO) Ingar Bergh has decided to step down from his role to pursue new opportunities outside the company. He will continue as CFO until the end of October and will remain available thereafter to support an orderly transition.

"Ingar has played an important role in building the company and supporting our growth strategy during a period of significant expansion," said Wendy Lam, CEO of Capsol Technologies. "We thank him for his contributions and wish him every success in the future."

"The Board thanks Ingar for his service and stands firmly behind management in the continued execution of Capsol's strategy," said Chris Barkey, Chair of the Board of Capsol Technologies.

The process to appoint a new CFO has been initiated. Capsol remains focused on maturing its project pipeline toward final investment decisions (FIDs), advancing its strategic partnerships, and executing on its transition from a technology licensor to a carbon capture platform.

For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 484 03 225

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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