Capsol Technologies ASA

Capsol Technologies ASA awarded first carbon capture study for a European metal production plant

Oslo, Norway, September 17, 2025 - Capsol Technologies, a leading provider of

carbon capture technology, has been awarded a engineering study evaluating the

use of CapsolEoP[®] (End-of-Pipe) at a European metal production plant -

broadening its addressable market with another carbon-intensive sector.

The project has the potential to capture several hundred thousand tonnes of CO2

annually. Metal production has significant emissions from both energy use and

chemical processes, which cannot be eliminated simply by switching to renewable

power. CapsolEoP[®] is well-suited for metal production, offering large-scale

CO2 capture with low energy consumption and without the need for external steam,

distinguishing it from other technologies such as amines.

"We are already establishing ourselves as a preferred carbon capture technology

for bio-CCS, cement and gas turbines through a growing portfolio of engineering

studies, CapsolGo[®] demonstration campaigns, licensing agreements and FID on

one of Europe's largest carbon capture facilities of its kind," said Cato

Christiansen, Chief Technology Officer at Capsol Technologies. "This study,

together with the recent studies announced for refinery and lime, demonstrates

that our technology can be attractive for several more hard-to-abate

industries."

Globally, metal production accounts for close to 10 percent of total CO2

emissions, driven both by high energy demand and by the chemical reactions

inherent in smelting processes. With growing demand for low-carbon materials

from industries such as automotive and construction, and with regulators

tightening emission requirements across Europe, carbon capture is expected to

play a critical role in the sector's decarbonization.

For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 48 40 32 25

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://www.capsoltechnologies.com/).

To receive Capsol's stock exchange and press releases via email, subscribe at

capsoltechnologies.com/investors(https://www.capsoltechnologies.com/investors).

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