Oslo, Norway October 3, 2025 - Capsol Technologies, a leading provider of carbon capture technology, today announces the appointment of Bjørn Kristian Røed as CFO, effective January 1, 2026.

"We are pleased to welcome Bjørn Kristian Røed as our new CFO. He brings experience in leadership, strategy, capital markets engagement, and building modern, efficient finance functions," said Wendy Lam, CEO of Capsol Technologies. "We are confident he is the right leader to strengthen our financial platform and support Capsol's global ambitions."

Røed joins Capsol from Havfram, an international offshore wind contractor, where he served as CFO and built a full corporate organization spanning finance, IT and communications. He previously held senior roles at Odfjell SE and spent nearly a decade in equity and credit research with leading Nordic investment Banks.

"Carbon capture is a cornerstone of the global energy transition. Capsol has achieved an impressive commercial breakthrough with its energy-efficient technology, and I look forward to building the organization and partnerships needed to accelerate CCUS adoption across the value chain," said Bjørn Kristian Røed.

Røed succeeds Ingar Bergh, who has decided to step down to pursue new opportunities outside the company.

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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