Bergen Carbon Solutions AS

Board/Management Information • Jun 10, 2022

BCS – General status update from management

BCS – General status update from management

(Bergen, 10 June 2022): Bergen Carbon Solutions AS (BCS, OSE:BCS)

Due to recent changes in the Board and management, BCS wants to emphasize that company progress is moving on according to plan, and that the Final Investment Decicion for our first factory will be made by the Board this month, June 2022, as already announced.

Jon André Løkke was elected new Chairman of the Board at the Company’s extraordinary general meeting 20 May 2022. With his extensive upscaling experience, Mr. Løkke represents important knowledge and experience as BCS prepares for industrialization. Dag Skansen is acting Chairman until Jon André Løkke steps up in July 2022. Mr.Skansen has been following the Company from the start, and he has been Chairman of the Board for the past 1.5 years. Mr Skansen will continue his work providing continuity and experience as Member of the Board going forward.

“Despite the change of leadership in early May, the whole organisation has maintained focus. I am therefore really proud of the team effort that has been put in to meet our deadlines and that BCS has maintained progress. We will continue on our mission with unreserved strength.”, says Finn Blydt-Svenden, Co-founder and Interim CEO.

For further information, please contact:

Finn Blydt-Svendsen, Interim CEO, fbs@bergencarbonsolutions.com, +47 930 40 797

Fredrik Øksnes, CCO, fredrik.oksnes@bergencarbonsolutions.com, +47 975 67 318

ENDS

About Bergen Carbon Solutions | www.bergencarbonsolutions.com | Bergen Carbon Solutions uses innovative technology to produce carbon nanofibers, using CO₂ and Norwegian hydropower. This makes the production unique and environmentally friendly. Bergen Carbon Solutions is listed on Euronext Growth under the ticker BCS.