CAPSOL TECHNOLOGIES ASA Oslo, Norway -06 March 2023 CO2 Capsol is in the process of establishing a preferred supplier program, enabling increased value proposition to emitters, and preparation of equipment suppliers for a global deployment of specialised large-scale carbon capture projects. As part of the program, a first MoU (Memorandum of Understanding) has been signed, focusing on optimising sales and delivery of equipment, such as flue gas compressor and expander packages. "We have a strategy for working with leading partners across the value chain. Collaborating with reputable equipment suppliers strengthens our value proposition to customers in all phases of projects". "With our preferred supplier program, we will be able to provide more clarity on performance, reliability and costs in all part of the sales and delivery process, closing the gap between emitters and key equipment suppliers. This will provide additional support to our licensing business and help us win more projects", saysJan Kielland , CEO of CO2 Capsol. MoU's as part of the preferred supplier program will be on a non-exclusive basis and focus on optimised sales efforts. Further announcements will be made on a project specific basis. For further information, please contact:Ingar Bergh Chief Financial OfficerCO2 Capsol AS +47 926 20 330 ingar.bergh@co2capsol.com About CO2 Capsol CO2 Capsol is a carbon capture technology provider with a goal to accelerate the transition to a carbon negative future. The company's energy efficient, cost competitive and environmentally friendly solution is licensed out either directly to customers or through industrial partners globally. Key target segments include cement, biomass, energy-from-waste, power generation and large industrial. CO2 Capsol is listed on Euronext GrowthOslo, Norway (ticker: CAPSL). For more information visit co2capsol.com.
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