Reference is made to the announcement made by Aker Carbon Capture ASA (?ACC ASA? or the ?Company?) regarding closing of the previously announced joint venture with SLB, which includes the sale by ACC ASA of 80% of its shares in Aker Carbon Capture Holding AS (?ACCH?) to a subsidiary of SLB. ACC ASA will maintain ownership of the remaining 20% of the shares in ACCH.

As a result of the transaction, there will be changes in the Company's executive management. Egil A. Fagerland will step down from his current position as CEO, to take on the role as CEO of the joint venture. Valborg Lundegaard has been appointed new CEO for the Company.

Lundegaard, who held the position as CEO of the Company from 2020 to 2023, enters the position from the role as senior advisor to the Company. She has extensive experience from the CCUS industry and Aker.