Aker Carbon Capture and Aker Solutions have signed the FEED contract with
Hafslund Oslo Celsio (Celsio) to develop carbon capture at the waste-to-energy
facility at Klemetsrud in Oslo, Norway.

The FEED contract follows Celsio's cost reduction initiative for the Oslo CCS
project and will be delivered based on Aker Carbon Capture's modularized Just
Catch 400 unit, with a design capacity to capture up to 400,000 tonnes of CO2
per year. As part of the cost reduction phase, new vendors were brought in to
present alternative solutions that could lower costs. On the basis of
feasibility and concept studies conducted, Aker Carbon Capture and Aker
Solutions were selected to perform a FEED with the framework for a possible
EPCIC.

Celsio's  CCS project is part of Longship, the full CCS value chain development
enabled by Norway's strong competence in both carbon capture and storage.
Longship will also include CO2 from another hard-to-abate sector, Heidelberg
Materials' cement plant in Brevik, where the carbon capture plant is delivered
by Aker Carbon Capture and Aker Solutions. Should Celsio move forward with the
CCS project, Aker Carbon Capture could be delivering 3 out of the 4 projects
currently being planned to deliver CO2 to Northern Lights storage.

Celsio's waste-to-energy facility at Klemetsrud is the largest carbon emitter in
Oslo and is responsible for 17% of the capital's fossil carbon emissions. The
facility treats household waste, and waste from industry and enterprises. The
waste treated at the facility consists of approximately 50 % biogenic CO2,
enabling the delivery of negative emissions. The carbon capture project is an
important contribution to reaching Oslo's climate goal and can provide unique
learnings for the European waste-to-energy industry, which includes close to 20
facilities in Norway and around 500 similar facilities across Europe. Aker
Carbon Capture is in the final stages of delivering Just Catch 100 at the Twence
waste-to-energy facility in the Netherlands.

On 24 November Aker Carbon Capture announced it had been awarded a FEED for
Hafslund Oslo Celsio's CCS project at Klemetsrud (see Aker Carbon Capture's
announcement on 24 November).

ENDS

Media contacts:

Aker Carbon Capture
Marianne Stigset, mob: +47 41 18 84 82 (http://tel:+47 41 18 84 82), email:
marianne.stigset@akerhorizons.com

Aker Solutions
Rebecca Cox, email: rebecca.cox@akersolutions.com

Hafslund Oslo Celsio
Truls E. A. Jemtland, mob : +47 92 02 94 80 (http://tel:+47 92029480), email:
truls.jemtland@celsio.no

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),
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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/).

Aker Solutions delivers integrated solutions, products and services to the
global energy industry. The company enables low-carbon oil and gas production
and develops renewable solutions to meet future energy needs. By combining
innovative digital solutions and predictable project execution Aker Solutions
aims to accelerate the transition to sustainable energy production. Visit
akersolutions.com for more information.

Hafslund Oslo Celsio (Celsio) is the largest supplier of district heating in
Norway and supplied 36% of the district heating generated in Norway in 2021. It
sold 1.8 TWh of district heating and generated 0.1 TWh of electricity. Celsio's
waste-to-energy plant at Klemetsrud, Oslo, is Norway's largest with a capacity
to end-treat 350,000 tonnes of waste per year. The company is also expanding its
activities to district cooling and fiber networks. The company employs
approximately 230 people. Celsio is owned by a Norwegian investor consortium
comprising Hafslund (60%), Infranode (20%) and HitecVision (20%).