Capsol Technologies ASA — Capital/Financing Update 2026

May 4, 2026

Capsol Technologies ASA - Refinancing and New Credit Facility

Capsol Technologies ASA - Refinancing and New Credit Facility

Oslo (Norway), May 4, 2026: Capsol Technologies ASA, a leading provider Capsol

Technologies ASA ("Capsol" or the "Company") has entered into a new credit

agreement with DNB Bank ASA ("DNB") to refinance its existing bank facilities

and strengthen the Company's financial flexibility.

The new agreement consists of a revolving credit facility combined with the

continuation of the Company's existing InvestEU-backed term loan. The structure

provides Capsol with enhanced flexibility to manage its balance sheet, including

the ability to repay and redraw amounts under the facility in line with

operational needs.

The revolving credit facility has a reduced commitment profile, with a

structured and gradual reduction in available commitments from 2027. The

InvestEU-backed term loan continues under its existing terms.

The facility also includes simplified and more flexible financial covenants,

reducing near-term liquidity requirements compared to the Company's previous

financing structure.

The refinancing extends the Company's debt maturity profile and supports

Capsol's ongoing commercial activities.

"This refinancing provides Capsol with a solid financial platform and improved

flexibility as we continue to develop our business and pursue commercial

opportunities. The structure of the facility is well aligned with our

operational needs and supports efficient capital management over time. We

appreciate the constructive dialogue with DNB in establishing a solution that

balances flexibility with a disciplined approach to the balance sheet", comments

Bjørn Kristian Røed, CFO of Capsol Technologies ASA

For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 48 40 32 25

jacob.krovel@capsoltechnologies.com

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of

accelerating the transition to a net zero future. The technology combines

inherent heat recovery and generation in a stand-alone unit based on a proven

and safe solvent. Capsol's technology is licensed either directly to customers

or through industrial partners globally. Key segments include cement, biomass,

energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext

Oslo Børs (ticker: CAPSL). For more information visit

capsoltechnologies.com (https://publish.ne.cision.com/l/lprtqfiqc/www.capsoltechn

ologies.com).