#Norway #Aker Carbon Capture #Fornebu #AGM 2025 #Karl Erik Kjelstad

Aker Carbon Capture ASA's 2025 Annual General Meeting

Aker Carbon Capture ASA convened its 2025 Annual General Meeting on April 29, 2025, in a fully digital format, allowing shareholders to participate online. This modern approach reflects the company's adaptability, especially significant in today's fast-evolving corporate landscape. During this meeting, all resolutions were passed in accordance with pre-published proposals, demonstrating a well-organized and transparent governance process.

A pivotal change in the board of directors was announced; Karl Erik Kjelstad has been elected as the new chair, taking over from Kristian Monsen Røkke. This transition symbolizes a fresh direction for the board, which also includes re-elected members Liv Monica Stubholt and Oscar Fredrik Graff, ensuring continuity in leadership. Additionally, Lars Peder Sørvaag Sperre joins the board as deputy director, marking a strategic choice aimed at enhancing the board's effectiveness for the coming year.

The board’s composition is crucial as Aker Carbon Capture ASA positions itself at the forefront of carbon capture technology. Founded in 2020, the company has rapidly developed a robust identity within the industry, rooted in over two decades of expertise cultivated within the larger Aker group. The recent establishment of a joint venture with SLB, known as SLB Capturi, further cements this progress, positioning the company for substantial growth as it addresses environmental challenges through carbon capture solutions.

The board's continuity with familiar faces like Stubholt and Graff, combined with Kjelstad's new leadership, aims to leverage existing strengths while navigating the complexities of the market. The newly appointed deputy director, Sørvaag Sperre, is expected to bring additional insights and perspectives to the team, reinforcing the company's commitment to innovation and sustainability.

In discussing the meeting, Aker Carbon Capture ASA emphasized its strategic vision, which is now more crucial than ever as it seeks to expand its influence in the global market. The company's collaborative efforts through its partnership with SLB further highlight its commitment to becoming a leading player in carbon management and climate solutions. This joint venture, allowing SLB to hold an 80% stake, provides a resource-rich foundation from which Aker hopes to leverage expertise, technology, and market access.

The importance of this AGM extends beyond the immediate outcomes; it reflects Aker's dedication to adhering to best practices in governance while fostering a culture of inclusivity among shareholders. The digital format allowed for widespread attendance, aligning with modern corporate expectations for transparency and accessibility in stakeholder engagements.

Looking ahead, Aker Carbon Capture ASA is well-poised to navigate the opportunities and challenges within the carbon capture sector. As a key player in the fight against climate change, their initiatives will undoubtedly attract attention from investors and environmental advocates alike, advocating for a sustainable future driven by innovative technology and dedicated leadership.