Capsol Technologies wins five new carbon capture engineering studies

Oslo, Norway, September 22, 2026 - Capsol Technologies, a leading provider of low-carbon power and industrial decarbonization technology, has over the last few weeks won five new engineering studies, including another study in the cement industry.

The five studies are expected to generate cash inflows over the next six months equivalent to approximately four months of CapsolGo demonstration campaigns, providing a meaningful contribution to Capsol's near-term liquidity.

One of the engineering studies covers a different site within the portfolio of a previous CapsolGo customer. The engagement supports Capsol's multi-site approach and reflects a shared view that modularization and standardization across multiple projects can contribute to reducing costs.

"We are very pleased to see the increased commercial activity into new customer engagements and, importantly, near-term cash generation. The five studies will provide a meaningful contribution to Capsol's liquidity over the coming six months. We are also pleased that a previous CapsolGo customer is now engaging us for another site within its portfolio. This reflects our shared view that modularization and standardization across multiple projects can drive costs down and is an important validation of our multi-site approach," said Wendy Lam, CEO of Capsol Technologies.

The new studies further strengthen Capsol's project pipeline and customer engagement, while supporting the Company's continued focus on cement and other industrial applications.

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For further information, please contact: Jacob Zeno Clausen Krøvel

SVP Investment and Strategy

+47 484 03 225

jacob.krovel@capsoltechnologies.com

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the world's 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. Capsol's 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.

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