Capsol Technologies ASA: Launch of the Retail Offering, Commencement of Application Period

Oslo, Norway – May 28, 2024


NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,
ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE
"UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION
OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, SOUTH AFRICA OR ANY OTHER
JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL


Reference is made to the announcement published by Capsol Technologies ASA (the
"Company") on May 24, 2024, whereby the Company announced the terms of a retail
offering to the public in Norway and Sweden (the “Retail Offering”) and the
approval and publication of the Company’s prospectus (the “Prospectus”),
prepared in connection with the Retail Offering and the listing of the Company’s
shares on the Oslo Stock Exchange.

The Prospectus was published on May 24, 2024, and is, subject to regulatory
restrictions in certain jurisdictions, available at the websites
www.paretosec.com/transactions and www.sb1markets.no/transaksjoner. The
Prospectus was passported to Sweden on May 27, 2024.

The application period for the Retail Offering (the “Application Period”) will
commence today, May 28, 2024, at 09:00 (CEST) and end on June 5, 2024, at 16:30
(CEST), unless extended. The Company may, in consultation with the Managers,
extend the Application Period at any time, and an extension may be made on one
or several occasions. Any extension of the Application Period will be announced
through the Oslo Stock Exchange's information system on or before 09:00 CEST on
the first Business Day following the then prevailing expiration date of the
Application Period. The Application Period may in no event be extended beyond
16:30 CEST on June 14, 2024.

Applicants in the Retail Offering who are residents of Norway with a Norwegian
personal identification number may apply for Offer Shares through either (i) the
VPS online application system by following the link to such online application
system on the following website: www.paretosec.com/transactions and
www.sb1markets.no/transaksjoner, (ii) by using the Retail Application Form
attached to the Prospectus as Appendix D "Application Form for the Retail
Offering" or (iii) through the webservices of Nordnet.

Applicants in the Retail Offering who are residents of Norway and who does not
have a Norwegian personal identification number must apply using either (i) the
Retail Application Form attached to the Prospectus as Appendix D "Application
Form for the Retail Offering" or (ii) through the webservices of Nordnet.

Applicants located in Sweden are only permitted to apply through the webservices
of Nordnet. Please note the shorter application period for applicants using the
Nordnet webservice.

Pareto Securities AS and SpareBank1 Markets AS are acting as Joint Global
Coordinators and Joint Bookrunners in the Retail Offering (the “Managers”).
Nordnet Bank AB is acting as Placing Agent in the Retail Offering.

CMS Kluge Advokatfirma AS is acting as legal advisor to the Company.



For further information, please contact:
Ingar Bergh
Chief Financial Officer
Capsol Technologies ASA
+47 926 20 330
ingar.bergh@capsoltechnologies.com



About Capsol Technologies
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
company offers a carbon capture and heat recovery system in one for superior
efficiency with a proven and safe solvent, which 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 Growth Oslo (ticker: CAPSL). For more information visit
capsoltechnologies.com.


Important information
This announcement is not an offer to sell or a solicitation of any offer to buy
any securities of Capsol Technologies ASA. The contents of this announcement
have been prepared by and are the sole responsibility of the Company. The
information contained in this announcement is for background purposes only and
does not purport to be full or complete. No reliance may be placed by any person
for any purpose on the information contained in this announcement or its
accuracy, fairness, or completeness.

Copies of this announcement are not being made and may not be distributed or
sent into any other jurisdiction than Norway and Sweden, including but not
limited to the United States of America, Australia, Canada.

Any offering of the securities referred to in this announcement will be made by
means of a prospectus. This announcement is not a prospectus for the purposes of
Regulation (EU) 2017/1129 of the European Parliament and of the Council of June
14, 2017, on the prospectus to be published when securities are offered to the
public or admitted to trading on a regulated market and repealing Directive
2003/71/EC (together with any related implementing and delegated regulations,
the “Prospectus Regulation”). Investors should not invest in any securities
referred to in this announcement except on the basis of information contained in
the aforementioned prospectus.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the “Securities
Act”), and accordingly may not be offered or sold in the United States absent
registration or an exemption from the registration requirements of the
Securities Act and in accordance with applicable U.S. state securities laws. The
Company does not intend to register any offering in the United States or to
conduct a public offering of securities in the United States.

Copies of this announcement are not being, and should not be, distributed in or
sent into the United States (including its territories and possessions, any
State of the United States, and the District of Columbia), Australia, Canada, or
Japan. The securities described herein have also not been and will not be
registered under the applicable securities laws of the United States, Australia,
Canada, or Japan and, subject to certain exemptions, may not be offered or sold
in or into or for the account or benefit of any person having a registered
address in, or located or resident in the United States, Australia, Canada, or
Japan. There will be no public offering of the securities described herein in
the United States, Australia, Canada, or Japan.

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as “believe,” “expect,” “anticipate”,
“intends”, “estimate”, “will”, “may”, “continue”, “should” and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although the Company believes that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies, and other important factors which are difficult or
impossible to predict and are beyond its control. Such risks, uncertainties,
contingencies, and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements. The information, opinions and forward-looking
statements contained in this announcement speak only as at its date and are
subject to change without notice. Neither the Company nor the Managers undertake
any obligation to review, update, confirm or release publicly any revisions to
any forward-looking statements to reflect events that occur or circumstances
that arise in relation to the content of this communication.

 

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