AKER CARBON CAPTURE ASA Aker Carbon Capture has been awarded a study from a European developer to assess the feasibility of integrating carbon capture at multiple biomass and waste-to -energy facilities. The four initial plants will be based onAker Carbon Capture's modular Just Catch, which enables synergies across the projects, faster realization and reduced overall risk. "We are excited to be working on this leading carbon capture initiative. We believe that our configurable Just Catch, which facilitates serial-produced carbon capture units, will provide cost and delivery benefits. By addressing our customer's specific requirements, we aim to contribute to the successful realization of their CCUS projects," saidJon Christopher Knudsen , Chief Commercial Officer at Aker Carbon Capture. This award emphasizes Aker Carbon Capture's leading European market position with proven technology, modularized and standardized products and a major project portfolio. TheEuropean Commission recently presented a 90% net GHG emissions reduction proposal compared to 1990 levels as the recommended target for 2040. To deliver a reduction of net GHG emissions of 90%, the EU's GHG emissions in 2040 should be less than 850 MtCO2-eq and carbon removals should reach up to 400 MtCO2, a large part of which will have to be BECCS. Aker Carbon Capture is currently delivering seven carbon capture plants. Inthe Netherlands , Aker Carbon Capture is in the final stages of delivering a Just Catch 100 at the Twence waste-to-energy facility. For Heidelberg Materials' cement plant inBrevik Norway , Aker Carbon Capture is delivering a carbon capture plant with a capacity of 400,000 tonnes per year. The company is also delivering five Just Catch 100 units to Ørsted's bioenergy facilities inDenmark , with a total design capture capacity of 500,000 tonnes CO2 per year. These flagship projects contribute to Aker Carbon Capture's mission to serial produce carbon capture units for the mid-scale emitter market. ENDS Media contact:Marianne Stigset , mob:?+47 41 18 84 82 (http://tel:+47 41 18 84 82), email: marianne.stigset@akerhorizons.com Investor contacts:David Phillips , mob: +44 7710 568279 (http://tel:+44 7710 568279), email: david.phillips@akercarboncapture.com Aker Carbon Capture is a pure-play carbon capture company with solutions, services and technologies serving a range of industries with carbon emissions, including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a unique, environmentally friendly solution for removing CO2 emissions. Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect with us on LinkedIn (https://www.linkedin.com/company/aker-carbon -capture), Facebook (https://facebook.com/akercarboncapture), Twitter (https://twitter.com/akercarbon), Instagram (https://www.instagram.com/akercarboncapture/) and YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press release may include forward-looking information or statements and is subject to our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).
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