Kyoto Group AS

Kyoto Group AS: Notice of Annual General Meeting

Oslo, Norway 22 June 2023 - Kyoto Group AS (the "Company" or "Kyoto") (Euronext

Growth: KYOTO) hereby convenes the Annual General Meeting to be held on Friday

30 June 2023 at 09:00 CEST at the Company's office at Fornebuveien 1, 1367

Lysaker, Norway.

The general meeting will consider the items that are required to be considered

by the annual general meeting pursuant to the Norwegian Companies Act, in

addition to other items set out in the attached agenda. The agenda includes the

share capital increase and the election of new board members as further

described in the stock exchange announcement issued by the Company earlier

today, 22 June 2023.

The notice for the Annual General Meeting, including the proposed resolutions by

the Company's board of directors, the notice of attendance and proxy forms, are

attached to this notice and will be made available on the Company's website:

www.kyotogroup.no.

Shareholders may appoint a proxy to attend and vote on their behalf. In this

case, a written and dated proxy must be provided to CFO Håvard Haukdal before 28

June 2023 at 16.00 CET, in order for the Company to control the proxy against

the Company's shareholder register.

For further information, please contact:

Håvard Haukdal, Kyoto Group CFO

+47 48 10 65 69

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

About Kyoto Group

Heat accounts for two thirds of industrial energy consumption. Traditionally,

nearly all of it is based on fossil fuels. Kyoto Group's Heatcube, a thermal

energy storage (TES) solution, provides a sustainable and cost-effective

alternative by capturing and storing abundant but variable energy from sources

such as solar and wind. Founded in 2016, Kyoto Group is headquartered in Oslo,

Norway, and has subsidiaries in Spain and Denmark. The Kyoto share is listed on

Euronext Growth (ticker: KYOTO). www.kyotogroup.no

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