Capsol Technologies appoints Jacob Zeno Clausen Krøvel as SVP Investment and Strategy

About this update from Capsol Technologies Asa

Capsol Technologies, a leading provider of carbon capture solutions, hasappointed Jacob Zeno Clausen Krøvel as Senior Vice President, Investment andStrategy. Krøvel will lead the company's activities across structuralopportunities, strategic positioning, and engagement with capital marketsstakeholders, ensuring that these efforts support Capsol's long-term growthandvalue creation."Carbon capture is essential for industrial decarbonization. Capsol's energy-and cost-efficient technology is well-suited for hard-to-abate sectors, andI'mexcited to contribute to scaling the business and unlocking its strategicpotential," said Krøvel.Krøvel brings over a decade of experience in corporate finance, investmentmanagement, and industrial strategy. He previously served as Head of InvestorRelations at the listed technology company Volue and held roles at Deloitte,Arctic Asset Management, and as CFO of a division of Norsk Gjenvinning. Heholdsan MSc in Applied Economics and Finance from Copenhagen Business School (CBS)and additional studies at Erasmus University Rotterdam."We're pleased to welcome Jacob as we continue to build on a highlycompetitivetechnology platform and explore new opportunities to accelerate the deploymentof our solutions. His background in finance, strategy, and investor engagementadds valuable capacity to our leadership team," said Ingar Bergh, CFO ofCapsolTechnologies.For further information, please contact:Ingar BerghChief Financial Officer, Capsol Technologies ASA+47 926 20 [email protected] Capsol TechnologiesCapsol Technologies ASA is a carbon capture technology provider with a goal ofaccelerating the world's transition to a net zero future. The technologycombines inherent heat recovery and generation in a stand-alone unit based onaproven and safe solvent. Capsol's technology is licensed either directly tocustomers or through industrial partners globally. Capsol's key segmentsincludecement, biomass, energy-from-waste and gas turbines.Capsol Technologies islisted on Euronext Oslo Børs (ticker: CAPSL). For more information visitcapsoltechnologies.com.To receive Capsol's stock exchange and press releases via email, subscribe atcapsoltechnologies.com/investorshttps://newsweb.oslobors.no/message/645551

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