Oslo, 19 May 2022

The Board of Directors of Carbon Transition ASA hereby provides notice that it
proposes an amendment to the notice to the Annual General Meeting. Under item 10
"Board authorization to acquire treasury shares", point number two, the Board's
proposal is changed to read as follows:

2. The acquisition price shall be minimum NOK 0.50 and maximum NOK 100 per
share.


For further information, please contact:
Nils Haugestad, Interim CEO & CFO
nils.haugestad@carbn.no
+47 977 04 439

About Carbon Transition 
Carbon Transition ASA ("CARBN") is an investment company listed on Euronext
Expand. CARBN has a strategy to invest in companies and technologies which
contribute to significant reductions of carbon emissions. The company may also
invest more broadly in the "energy transition" space. CARBN has a legacy seismic
business operating under the name Axxis Geo Solutions, with both an ocean-bottom
seismic contract business and a multi-client data library.
More information on www.carbn.no

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