Fjord Defence Group ASA

AGM Information • May 2, 2023

Correction - Carbon Transition notice annual general meeting

Correction - Carbon Transition notice annual general meeting

Oslo, 2 May 2023

The annual general meeting of Carbon Transition ASA (the "Company") will be held on 24 May 2023 at the Company's offices in Askekroken 11, Oslo, Norway at 10:00 CET (Norwegian time). Registration of attendees will begin at 09:30 CET (Norwegian time).

The Company encourages shareholders to either vote electronically in advance or submit proxy forms prior to the meeting. Votes cannot be cast by phone during the meeting. Please find attached the calling notice with appendices, including relevant attendance and proxy forms.

Advance votes may be registered through the Company’s website www.carbn.no (use ref.nr and pin code included in the notice) or through VPS Investor Services. In VPS Investor Services, chose Corporate Actions - General Meeting, click on ISIN. If you are not able to register electronically, you may send by e-mail to genf@dnb.no, or by regular mail to DNB Bank ASA, Registrars Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway. Instructions on how to submit proxy forms are included in Appendix B of the notice.

To register your attendance, please register through the Company’s website www.carbn.no or through VPS Investor Services.

Furthermore, the Company will arrange for shareholders to be able to call in to the general meeting and as such participate in the meeting. The call-in details are as follows: +47 21 40 23 22, conference ID: 227 456 402#.

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 comprises an OBN multi-client company and an investment arm. The company may invest broadly in listed companies as well as companies expected to be listed in the near term.

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.