Kyoto Group AS : Notice of Annual General Meeting

Oslo, Norway, 22 April 2021: The Annual General Meeting of Kyoto Group AS will
be held on 29 April 2021 at 10:00 hours (CEST) at the Company's office in
Torggata 15, 0181 Oslo. However, as a result of the current regulations
restricting indoor events in the municipality of Oslo due to covid-19,
shareholders must exercise their shareholder rights without physical attendance,
by providing a proxy with or without voting instructions to the chairperson of
the Company's Board of Directors.

The notice and the agenda for the Annual General Meeting are attached hereto.

The notice with appendices has also been made available on the Company's
webpage, www.kyoto.group.

For further information, please contact: 
Christopher Kjølner, CEO, +47 905 31 962, christopher@kyoto.group
Camilla Nilsson, CFO, +47 48 29 56 85, camilla@kyoto.group

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

About Kyoto Group
Kyoto Group aims to capture and manage the abundant energy from variable
renewable sources such as solar and wind power and apply it to reduce the CO2
footprint for industrial thermal loads. The Company, founded in 2016, plans to
operate and sell HeatCube thermal batteries with capacity from 5MW and upwards,
enabling industrial consumption of low-cost heat sourced from excess solar and
wind energy.