Fjord Defence Group ASA

Regulatory Filings • Dec 20, 2021

Carbon Transition’s portfolio company, CO2 Capsol AS, admitted to trading on Euronext Growth

Carbon Transition’s portfolio company, CO2 Capsol AS, admitted to trading on Euronext Growth

Oslo, 20 December 2021

Carbon Transition is pleased to announce that its portfolio company, CO2 Capsol AS, will be open to trading on Euronext Growth as of today. Carbon Transition holds 3.6 million shares in the company or approximately 6.2% of the fully diluted shares.

For further information, please contact:

Nils Haugestad, Interim CEO and CFO

nils.haugestad@carbn.no

+47 977 04 439

About Carbon Transition ASA

Carbon Transition ASA ("CARBN") is an investment company listed on Euronext Expand. CARBN has a strategy to invest in companies and technologies which contribute to significant reductions of carbon emissions. The company may also invest more broadly in the "energy transition" space. CARBN has a legacy seismic business operating under the name Axxis Geo Solutions, with both an ocean-bottom seismic contract business and a multi-client data library.

More information on www.carbn.no