CO2 Capsol AS announced that at the annual general meeting held on April 22, 2022, the company announced the election of Wayne Thomson as a new board member to the Company. The appointment of Mr. Thomson reflects the Company's growth and further strengthen the board's expertise. Mr. Thomson's career spans more than 45 years internationally with focus on the oil and gas industry and more recently the carbon capture technology area.

Most recently, and up until 2021, Mr. Thomson was Chairman of Svante Inc., a Canadian carbon capture technology company. Mr. Thomson was Chairman in a key period of Svante Inc.'s development and growth stage between 2015 and 2021, and also held the position as Executive Chairman for a period.