Capsol Technologies ASA: Settlement of RSUs and ESPP

Reference is made to Capsol Technologies ASA's ("Capsol" or the "Company") plan for restricted stock units ("RSUs") and employee share purchase program for 2026 ("ESPP").

The vesting period of certain RSUs has ended in accordance with the RSU plan, and the shares will be delivered to the relevant participants free of charge, calculated net after tax. The following primary insiders shall be delivered new shares:

·          Wendy Lam, CEO, shall be delivered 62,726.

·          Philipp Staggat, CPO, shall be delivered 9,963.

·          Sam Thivolle, COO, shall be delivered 7,108.

·          Johan Jungholm, CCO, shall be delivered 9,922.

·          Cato Christiansen, CTO, shall be delivered 10,232.

As further detailed in the stock exchange announcement published by the Company on 12 March 2026, the primary insiders listed below shall be delivered shares under the ESPP:

·          Bjørn Kristian Røed, CFO, shall be delivered 24,366 shares.

·          Cato Christiansen, CTO, shall be delivered 24,366 shares.

·          Sam Thivolle, COO, shall be delivered 24,366 shares.

·          Johan Jungholm, Chief Business Development Officer, shall be delivered 24,366 shares.

·          Jacob Zeno Clausen Krøvel, SVP Investment & Strategy, shall be delivered 24,366 shares.

After delivery of the above-mentioned shares:

·          Wendy Lam, CEO, holds 256,324 shares and 445,703 RSUs in Capsol.

·          Bjørn Kristian Røed, CFO, holds 139,750 shares and 146,610 RSUs in Capsol.

·          Philipp Staggat, CPO, holds 37,039 shares and 107,863 RSU's in Capsol.

·          Cato Christiansen, CTO, holds 34,598 shares and 90,448 RSUs in Capsol.

·          Sam Thivolle, COO, holds 142,664 shares and 138,297 RSUs in Capsol.

·          Johan Jungholm, Chief Business Development Officer, holds 193,933 shares and 70,466 RSUs in Capsol.

·          Jacob Zeno Clausen Krøvel, SVP Investment & Strategy, holds 121,456 shares and 61,229 RSUs in Capsol.

The above-mentioned shares shall be delivered by the Company through the issuance of new shares.

In relation with the settlement of RSUs and ESPP, the board of directors of the Company has today, on 13 May 2026, in accordance with the board authorization granted by the annual general meeting on 21 May 2025, resolved to:

-          increase the share capital of the Company with NOK 99,494 by the issuance of 198,988 new shares, each with a nominal value of NOK 0.50 in order to facilitate the settlement of the ESPP; and

-          increase the share capital of the Company with NOK 92,639.50 by issuance of 185,279 new shares, each with a nominal value of NOK 0.50, in order to facilitate the settlement of RSUs.

Please see attached primary insider notification forms in accordance with the Market Abuse Regulation article 19.

This information is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act.

The new share capital of the Company will be NOK 37,524,200, divided into 75,048,400 shares, each with a nominal value of NOK 0.50. The share capital increase will be registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret) as soon as practically possible.