Fjord Defence Group ASA

Report Publication Announcement • Sep 14, 2021

Carbon Transition ASA – invitation to presentation with Arbaflame

Carbon Transition ASA – invitation to presentation with Arbaflame

Oslo, 14 September 2021

Reference is made to the stock exchange notification 7 July 2021, regarding Carbon Transition’s investment of NOK 30 million in a convertible loan to Arbaflame AS. The company will host a presentation for investors, analysts and journalists with Arbaflame, including a question and answer session.

Time and date: Tuesday 21 September 2021 at 10:00 CET

Presenters: Ronny Bøhn, CEO Carbon Transition ASA

Bjørn Knappskog, CEO Arbaflame AS

The presentation will be held in Norwegian and questions can be submitted in advance to ir@carbn.no. A link to the presentation will be issued Tuesday morning, 21 September 2021.

Contacts

Ronny Bøhn, CEO

Ronny.Bohn@axxisgeo.com

+47 905 58 517

Nils Haugestad, CFO

Nils.Haugestad@axxisgeo.com

+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.axxisgeo.com

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.