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Capsol Technologies' CEO Wendy Lam will be presenting at Pareto Securities' 27th
annual Power & Renewable Energy Conference, today,Thursday January 30, 2025, at
14:25 CET (Room: Skagerak).

Based on the recent announcements, the company has updated the mature project
pipeline. At the end of Q4 2024, the pipeline included projects with a total
carbon capture capacity of more than 17 million tons of CO2 per year, compared
to 15 million tons of CO2 at the end of Q3 2024 and 11.9 million tons at the end
of 2023 (+43%).

Announcements since the Q3 2024 reporting:

January 16, 2025 - European cement plant awards Capsol Pre-FEED, full-scale
potential of 600,000 tons of CO2 per year

December 20, 2024 - Large European utility awards Capsol feasibility study for
energy-from-waste plant. Study focuses on a solution for a large-scale operation

December 16, 2024 - Holcim Group to test Capsol's technology in Q2 2025 at
Dotternhausen cement plant in Germany

December 5, 2024 - Suez awards Capsol feasibility study for energy-from-waste
plant in France, full-scale potential of >150,000 tons of CO2 per year

December 2, 2024 - Global energy company awards Capsol feasibility study for one
of its oil refineries in Northern Europe, full-scale potential of 800,000 tons
of CO2 per year

October 1, 2024 - Cement producer in Germany awards Capsol a feasibility study
for a cement plant, full-scale potential of 400,000 tons of CO2 per year

Please find the presentation attached and available on our website
https://www.capsoltechnologies.com/ (https://www.capsoltechnologies.com/presenta
t
ions)

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

For further information, please contact:
Ingar Bergh
Chief Financial Officer, Capsol Technologies ASA
+47 926 20 330

ingar.bergh@capsoltechnologies.com

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of
accelerating the world's 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. The license fee is typically
triggered by FID and paid over the construction period. Capsol's 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.