Aker Carbon Capture

Major Shareholding Notification • Aug 12, 2021

Disclosure of Large Shareholding

Disclosure of Large Shareholding

Reference is made to the private placement of new shares in Aker Carbon Capture ASA ("ACC") as announced by ACC on 12 August 2021 (the “Private Placement”). Aker Horizons Holding AS, a subsidiary of Aker Horizons ASA, has been allocated 9,090,909 shares in the Private Placement, each at a price of NOK 22 per share.

Following the allocation of the new shares in the Private Placement, Aker Horizons Holding AS’ ownership interest in ACC will be reduced to approximately 49.28% through its holding of 297,773,848 shares in ACC. The foregoing calculations are based on 604,242,218 outstanding shares in ACC after the issuance of the new shares in the Private Placement.

This information is subject to the disclosure requirements set out in section 4-2 of the Norwegian Securities Trading Act.