Oslo, Norway - 14 March 2024   


Reference is made to the stock exchange announcement published by Capsol
Technologies ASA on 4 January 2024 regarding the appointment of a new CEO.  


Wendy Lam, newly appointed CEO, has been granted a total of 850 000 share
options in the company at a strike price of NOK 12.50. The options vest over a
period of three years with 25% year one, 25% year 2 and 50% year 3. Each share
option corresponds to one share. Please refer to the annual report 2022 for
further details regarding the company's option plan. 

 

For further information, please contact: 
Ingar Bergh 
Chief Financial Officer, Capsol Technologies ASA 
+47 926 20 330 
ingar.bergh@capsoltechnologies.com 
 


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act. 

 

About Capsol Technologies 

Capsol Technologies is a carbon capture technology provider with a goal to
accelerate the transition to a carbon negative future. The company's
energy-efficient, cost competitive, and environmentally friendly solutions are
licensed out either directly to customers or through industrial partners
globally. Key segments include cement, biomass, energy-from-waste, power
generation and large industrial. Capsol is targeting significant long-term value
creation with a scalable model with an ambition of 5-10% technology licensing
market share in 2030. Capsol Technologies is listed on Euronext Growth Oslo,
Norway (ticker: CAPSL). For more information visit capsoltechnologies.com.