Bergen Carbon Solutions AS

Board/Management Information • Nov 4, 2022

Bergen Carbon Solutions AS appoints new CEO

Bergen Carbon Solutions AS appoints new CEO

(Bergen, 04 November 2022): Bergen Carbon Solutions AS (BCS, OSE: BCS)

Today, The Board of Directors of Bergen Carbon Solutions AS announced that Mr. Odd Strømsnes has been appointed Chief Executive Officer (CEO) of Bergen Carbon Solutions AS and will succeed interim CEO Mr. Finn Blydt-Svendsen.

Mr. Strømsnes, previous Managing Director of TechnipFMC and CEO of Havfram, has more than 12 years of CEO experience as well as extensive experience from senior management positions in other large leading companies like Renewable Energy Corporation ASA (REC) and TIOS.

Mr. Strømsnes has a university degree in engineering and broad experience within strategic and executive management. Mr. Strømsnes also has extensive experience within energy related, large-scale projects both national and internationally.

Chairman of the Board, Mr. Jon André Løkke says:

"I am very excited that Odd Strømsnes has decided to accept this important and challenging position. With his vast experience, I am confident that Odd is the right man for the next growth phase of BCS. Odd also complements the rest of the management team in a great way. The Board is also grateful for the time and efforts spent by Finn in the period as interim CEO. Finn will now return full-time to the position as COO and work closely with Odd to ensure the continued industrialization and scale-up".

Co-Founder and Interim CEO Mr. Finn Blydt-Svendsen says:

"I am very pleased to welcome Odd to our team and as new CEO. With his strong background and ability to take on complex challenges, I am confident that he will contribute to the company’s continued growth and success. I am also certain that he will work well with the existing BCS team".

"I look forward to joining BCS and become a part of this exciting innovative company, as well as working closely with the team to ensure the continued development of this industrial adventure in the coming industrialization and scale-up phase" says Mr. Odd Strømsnes.

The CEO handover will formally take place in Q1 2023, company will return with more information on exact handover date at a later stage.

ENDS

For further information please contact:

• Jon André Løkke, Chairman of the Board, Bergen Carbon Solutions AS jonlok@bergencarbonsolutions.com, +47 907 44 949

About Bergen Carbon Solutions

Bergen Carbon Solutions aims to pioneer a new Norwegian industry for ground-breaking, environmentally friendly material-technology. Bergen Carbon Solutions utilizes CO2 and Norwegian hydropower to create carbon products such as nanofibers, nanotubes, and graphite. Bergen Carbon Solutions is listed on Euronext Growth under the ticker BCS.