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 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. The Company has appointed Idun Heier as new CFO.