Aker Carbon Capture

Aker Carbon Capture ASA: Mandatory notification of trade as Aker Horizons increases stake in ACC through sale of Rainpower to AKSO

Reference is made to the respective announcements by Aker Horizons ASA ("Aker

Horizons") and Aker Solutions ASA ("AKSO") on 30 March 2022 regarding AKSO's

purchase of 100 percent of the shares in Rainpower Holding AS from a subsidiary

of Aker Horizons (the "Transaction").

The agreed consideration for the Transaction consists of two elements: a fixed

element of NOK 100 million and a discretionary element of up to NOK 50 million.

The fixed element is agreed to be settled by transfer of 5,681,818 shares in

Aker Carbon Capture ASA ("ACC").

The conditions to the Transaction have been satisfied. Following the completion

of the Transaction, Aker Horizons will increase its holding in ACC to

261,438,859 shares (43.27%).

Aker Horizons is a person closely related to ACC board member Kristian Monsen

Røkke. A primary insider notification pursuant to the Market Abuse Regulation

article 19 is attached.

ENDS

Media contact:

Ivar Simensen, mob: +47 464 02 317 (http://tel:+47 464 02 317), email:

Yannick Vanderveeren, mob: +47 458 36 358 (http://tel:+47 458 36 358),

Investor contacts:

David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:

Christian Yggeseth, mob: +47 915 10 000 (http://tel:+47 915 10 000), email:

Aker Carbon Capture is a pure-play carbon capture company with solutions,

services and technologies serving a range of industries with carbon emissions,

including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen

segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a

unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect

with us on LinkedIn (https://www.linkedin.com/company/aker-carbon

-capture), Facebook (https://facebook.com/akercarboncapture),

Twitter (https://twitter.com/akercarbon),

Instagram (https://www.instagram.com/akercarboncapture/) and

YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press

release may include forward-looking information or statements and is subject to

our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities

Trading Act section 5-12.

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