Fjord Defence Group ASA

Report Publication Announcement • May 2, 2023

Carbon Transition – Q1 2023 results

Oslo, 2 May 2023

Carbon Transition ASA will release its first quarter results at 07:00 CET on Wednesday, 10 May 2023 CET (Norwegian time).

A corresponding investor presentation is scheduled for 08:30 CET (Norwegian time) the same day in the office premises at Askekroken 11, 0277 Oslo. The presentation is open to the public.

A pre-recorded presentation of the results featuring Interim CEO and CFO, Nils Haugestad, will be available at www.carbn.no.

The first quarter 2023 report and presentation will be available at Carbon Transition's web page (www.carbn.no) and Oslo Stock Exchange (www.newsweb.com).

For further information, please contact:

Nils Haugestad Interim CEO & CFO nils.haugestad@carbn.no +47 977 04 439

About Carbon Transition

Carbon Transition ASA ("CARBN") is an investment company listed on Euronext Expand. CARBN comprises an OBN multi-client company and an investment arm. The company may invest broadly in listed companies as well as companies expected to be listed in the near term.

More information on www.carbn.no

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