Oslo, Norway - 04 May 2023


Capsol Technologies, a carbon capture technology provider, today announced its
results for the first quarter of 2023. The Company is also hosting its first
Capital Markets Update (CMU) to provide capital markets stakeholders with
insights and perspectives on the company's strategic roadmap for growth and
long-term value creation.

2023 CMU highlights:
  o Value proposition: Cost-efficient capture for the world's largest industrial

    emitters
  o Commercial traction: Accelerating incoming demand driving sales pipeline
growth
  o International expansion: Entering the world's largest CCS market with US
office
    in 2H 2023


The company reached several key milestones during the first quarter including:
  o CapsolEoPTM gaining traction in energy-from-waste