Oslo, 28 July 2022

Carbon Transition ASA (the "Company") hereby calls for an extraordinary general
meeting to be held on 18 August 2022 at the Company's offices at Askekroken 11,
0277 Oslo at 10:00 CET.

The Company encourage shareholders to either vote electronically in advance or
submit proxy forms prior to the meeting. Please find attached the calling notice
with appendices, including relevant attendance and proxy forms.

Advance votes may be registered through the Company's website www.carbn.no (use
ref.nr and pin code included in the notice) or through VPS Investor Services. In
VPS Investor Services, chose Corporate Actions - General Meeting, click on ISIN.
If you are not able to register electronically, you may send by e-mail to
genf@dnb.no, or by regular mail to DNB Bank ASA, Registrars Department, P.O.Box
1600 Centrum, 0021 Oslo, Norway. Instructions on how to submit proxy forms are
included in Appendix A of the notice.

To register your attendance, please register through the Company's website
www.carbn.no or through VPS Investor Services.

Furthermore, the Company will arrange for shareholders to be able to call in to
the general meeting and as such participate in the meeting. Votes cannot be cast
over telephone. The call-in details are as follows: +47 21 40 41 97, conference
ID: 121 894 895#.

For further information, please contact:
Nils Haugestad
Interim CEO & CFO
nils.haugestad@carbn.no
+47 977 04 439


About Carbon Transition
Carbon Transition ASA ("CARBN") is an investment company listed on Euronext
Expand. CARBN has a strategy to invest in companies and technologies which
contribute to significant reductions of carbon emissions. The company may also
invest more broadly in the "energy transition" space. CARBN has a legacy seismic
business operating under the name Axxis Geo Solutions, with a multi-client
seismic data library.
More information on www.carbn.no.

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