Aker Carbon Capture has been awarded a feasibility study by Limeco, a Swiss
company that is planning to construct a new waste-to-energy plant in Dietikon,
in the canton of Zurich. Carbon Capture and Storage is expected to be mandatory
for future waste-to-energy plants in Switzerland.

"We are excited to collaborate with Limeco in their decarbonization efforts.
Decarbonizing the waste-to-energy industry is crucial to achieving Switzerland's
2050 net zero target", said Jon Christopher Knudsen, Chief Commercial Officer at
Aker Carbon Capture. "With our modular Just Catch offering we have a strong
foothold in the waste-to energy segment. The award of this feasibility study is
further validation that the CCUS market is accelerating," continued Knudsen.

The new waste incineration plant will consist of two identical incineration
lines. Aker Carbon Capture's standardized and modularized Just Catch carbon
capture units are developed for this volume of CO2 and will be able to provide a
perfect fit with Limeco's requirements. The CO2 will be liquified for transport
by truck or train. Since Limeco's waste-to-energy plant is a greenfield project
to produce district heating, heat integration between the incineration plant and
the carbon capture plant can be used to maximize the district heat production.
This will provide an overall attractive business case for Limeco, while at the
same time contributing to Switzerland's national ambitions for reduction of
greenhouse emissions.

"As part of the Limeco Masterplan 2050 and in the context of the Swiss
government's energy and climate strategy, the basics are to be laid for an
integrated cross-generation project. CO2 capture and logistics at the site are
important and sensitive issues for the layout of the future plants and the
upcoming planning. At this early stage, all future options and developments must
be taken into account so that they can be implemented at a later stage," says
Markus Bircher, who is responsible for the project at Limeco.

Switzerland currently has?29 waste-to-energy plants?that emit a total of?4.5
million tonnes of CO2 per year. Approximately?50% of the CO2 emissions are
biogenic, while the other?50% are of fossil origin.

At Twence's waste-to-energy facility in the Netherlands, Aker Carbon Capture is
currently delivering a Just Catch unit with a capacity of 100,000 tonnes CO2 per
year. Recently construction started at two of Ørsted's bioenergy facilities in
Denmark, where Aker Carbon Capture is delivering five Just Catch units with a
total design capture capacity of 500,000 tonnes CO2 per year. ?At the CCS
project at the Klemetsrud waste-to-energy plant, Aker Carbon Capture, Aker
Solutions and Celsio will through the FEED establish a framework for an
intention to execute an engineering, procurement, construction, installation,
and commissioning contract with a design capacity of 400,000 tonnes CO2 per
year. These flagship projects contribute to Aker Carbon Capture's mission to
standardize and modularize carbon capture plants, with reduced footprint and
significant cost and energy benefits, for the small and mid-scale emitter
market.

Limeco is located in the Limmat Valley close to Zurich in Switzerland. Limeco
treats regional waste and cleans wastewater in a sustainable way. With its
plants, Limeco produces CO2-neutral heating and cooling (district heating),
renewable electricity and green gas: Limeco thus makes a significant
contribution to the energy and climate transition and strengthens the region's
energy independence. The municipalities what support Limeco are Dietikon,
Geroldswil, Oberengstringen, Oetwil an der Limmat, Schlieren, Unterengstringen,
Urdorf and Weiningen.

Read more about Limeco at www.limeco.ch,
LinkedIn (https://www.linkedin.com/company/limeco-das-regiowerk-fuers
-limmattal), Facebook (https://www.facebook.com/limecoregiowerk/),
Instagram (https://www.instagram.com/limecoregiowerk/),
Youtube (https://www.youtube.com/channel/UCJwHBfVC_40pNLhUAZSS8iQ) and
Tiktok (https://www.tiktok.com/@limecoregiowerk).

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
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release may include forward-looking information or statements and is subject to
our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).