Bjørn Gisle Grønlie, Chairman of Carbon Transition ASA, has purchased 134 000
shares in Carbon Transition ASA ("CARBN") today 31 August 2021 at an average
price of NOK 1,498 per share.

Following this acquisition, Mr. Grønlie controls 134 000 shares in Carbon
Transition ASA, which equals 0.06 percent of the issued shares and votes in the
company. 

Bjørn Gisle Grønlie holds no share options in Carbon Transition ASA.

For further information, please contact
Ronny Bøhn, CEO
Ronny.Bohn@axxisgeo.com
+47 905 58 517

Nils Haugestad, CFO
Nils.Haugestad@axxisgeo.com
+47 977 04 439

About Carbon Transition
Carbon Transition ASA ("CT") is an investment company listed on EURONEXT EXPAND
OSLO. CT has a focus towards investing in companies and technologies engaged in
the "energy transition" area, which contribute to significant reductions of
carbon emissions. CT may also invest more broadly in the "energy transition"
space. CT has a legacy OBN seismic business operating under the name Axxis Geo
Solutions, with both a node-technology seismic contract business, and a
multiclient library. This business unit is categorized as an investment, and
revenues generated from this business unit may be invested in the "energy
transition" area. Carbon Transition ASA is listed on EURONEXT EXPAND OSLO and
traded under the ticker Carbn. More information on www.axxisgeo.com

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