Capsol Technologies ASA — Earnings Release 2025

Jan 27, 2026

Capsol Technologies ASA - Trading update

Capsol Technologies ASA - Trading update

Oslo, 27 January 2026: Capsol Technologies ASA's ("Capsol" or the "Company")

results for the fourth quarter of 2025 are scheduled, as per the Company's

current financial calendar, to be announced by the Company on 5 March 2026 and

to be approved by the board of directors of the Company prior to such

announcement.

The Company is providing the following selected, preliminary and estimated

figures related to the Company's results for the fourth quarter of 2025:

-          Estimated and preliminary EBITDA* for Q4 2025 between NOK -15 million

and NOK -17 million.

-          Estimated and preliminary Operating income/-loss for Q4 2025 between

NOK -22 million and NOK -24 million.

-          Available liquidity as per 31.12.2025 is NOK 50 million.

The Company provides this information based on the current status of completing

its results for the fourth quarter of 2025. It is emphasised that the Company

has not completed all its financial reporting and related consolidation, review

and control procedures. The estimates provided in this release are therefore

subject to finalisation and change. Consequently, the results for the fourth

quarter of 2025 finally approved and released by the Company may deviate from

the information included herein.

A company update presentation will be made available on the Company's webpage

shortly.

*EBITDA is a measure for indicating operating cash flow and certain results of

operation, and is used by many companies to indicate operational profitability

and performance. Capsol defines EBITDA as earnings before interest, taxes,

depreciation and amortization. Capsol reports its financial results in

accordance with International Financial Reporting Standards ("IFRS"). EBITDA is

a non-IFRS measures and should not be considered as alternatives to, or superior

to, any measure of results, profitability or financial performance presented in

accordance with IFRS.

Contacts

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.

This information is considered to include inside information pursuant article 7

of the EU Market Abuse Regulation and is subject to the disclosure requirements

pursuant to Section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Jacob Zeno Clausen Krøvel, SVP

Investment and Strategy in Capsol Technologies ASA, on 27 January 2026, at 07.29

(CET).