Oslo (Norway), November 11, 2025 - Capsol Technologies, a leading provider of carbon capture solutions, today announced its business and financial update for the third quarter of 2025.

Momentum building across sectors

·         Projects progressing for first CapsolGT® for low-carbon gas power plant in the US

·         First studies in the lime and metals processing sectors and international waste management company

·         New CapsolGo® campaign for cement - several dialogues ongoing

Expanding platform partnerships and strong pipeline

·         Four projects approaching FEED near term and mature project pipeline with NOK 3.1bn in revenue potential

·         Expanded Munters partnership; launched collaboration with Everllence on compressor/expander systems and storage developer

·         Dialogues progressing with current and prospective strategic partners

Strengthened liquidity and robust pipeline

·         Revenues of NOK 19 million in Q3 2025 and NOK 97 million LTM

·         21.9 mtpa mature pipeline, stable lead generation volumes supporting continued growth

·         Liquidity position strengthened to NOK 78m

"Our mature pipeline continues to advance, we are progressing the first project in the US for our CapsolGT® solution for low-carbon gas power and see strong momentum across industries preparing for FIDs in 2026 and onwards. The expansion of our partnership with Munters, including new capital, underlines our shared commitment to make carbon capture more accessible and efficient. We have expanded our partnership ecosystem with Everllence and TerraStora. Together with current and prospective partners, we are taking important steps towards our ambition of transforming Capsol from a technology provider into a full CCUS platform company," said Wendy Lam, CEO of Capsol Technologies.

The Q3 2025 business and financial update presentation is attached and available on https://www.capsoltechnologies.com/reports

CEO Wendy Lam and SVP Investment & Strategy Jacob Zeno Clausen Krøvel will present the results on November 11, 2025, at 09:00 CET.

The presentation will be broadcast as a webcast and questions can be submitted throughout the streaming event: https://investorcast.live/webcastdetail?id=6900e843cf6b11b6bfce2a8e

To receive Capsol's stock exchange and press releases via email, subscribe at capsoltechnologies.com/investors

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.