Bergen Carbon Solutions AS

Regulatory Filings • Feb 28, 2022

The collaboration regards Bergen Carbon Solutions AS and TioTech AS

The collaboration regards Bergen Carbon Solutions AS and TioTech AS

Bergen, 28 February. 2022): Bergen Carbon Solutions AS (BCS, OSE:BCS)

As guided on the press release dated 12.04.2021 Where BCS and TioTech received 500kNOK in funding for the project “TiO2-CNF”. A nanocomposite for fast-charging Li-ion batteries. The project was set up and aimed to study the usage of our EcoNano CNF for fast charging capabilities in TioTech`s white titania powders, the project where called “the black and white project”.

The pre-project showed that carbon nanofibers have potential to increase the capacity of titania. The project was largely carried out according to plan and in line with the intentions and gave an overall positive return for both TioTech and BCS. However, the preliminary results indicate that further testing and development needs to be carried out.

“I am happy that the collaboration with TioTech is going in the right direction, we still aim to be a supplier of our green EcoNano CNF to different applications, and this is a step in right direction” Says CEO Jan B Sagmo.

ENDS

For additional information, please contact:

Jan B Sagmo, CEO, janbsagmo@bergencarbonslutions.com, +47 473 72 701

Karina Brudeseth, CFO karbru@bergencarbonsolutions.com, +47 413 43 381

Bergen Carbon Solutions | www.bergencarbonsolutions.no 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.

TioTech AS is a continuation of the company Joma International AS, which has developed titania-based technologies since 2005. From 2014, Joma focussed on using titania nanoparticles for photocatalytic purposes. Joma has successfully developed a series of biocide-free products designed to remove toxic gasses from polluted air and keep surfaces cleaner. These are today sold under the brand Joma Surface Treatment (www.joma-int.com).