#Norway #Aker Carbon Capture #Fornebu #SLB Capturi #NOK dividend

Aker Carbon Capture ASA Announces Extraordinary Dividend Payment

On May 14, 2025, Aker Carbon Capture ASA, commonly referred to as ACC, has officially announced a significant proposal concerning its shareholders. This announcement follows a recent stock exchange declaration regarding an agreement to sell ACC's 20% ownership stake in SLB Capturi. The impending transaction will lead to an extraordinary cash dividend payment of NOK 2.86 per share to its shareholders, amounting to approximately NOK 1.7 billion in total.

The Board of Directors has decided to recommend this extraordinary dividend during the upcoming extraordinary general meeting (EGM), with the actual payment expected to occur around June 20, 2025, contingent upon the EGM’s approval of the audited interim balance sheet dated May 14, 2025. This development has generated considerable interest among investors and market analysts as it represents a strategic move by ACC to enhance shareholder value.

The key details surrounding the proposed dividend payment are as follows:

• - Dividend Amount: NOK 2.86 per share
• - Declared Currency: NOK
• - Approval Date: Subject to the EGM’s decision, anticipated to take place on June 6, 2025
• - Last Day Including Right: June 6, 2025
• - Ex-Dividend Date: June 10, 2025
• - Record Date: June 11, 2025
• - Payment Date: Expected on or about June 20, 2025

This dividend proposal highlights Aker Carbon Capture's commitment to returning capital to its investors, a strategy that may appeal to those looking for immediate cash returns.

About Aker Carbon Capture ASA

Aker Carbon Capture ASA was founded in 2020, building upon over two decades of expertise in carbon capture technology developed within Aker. The company has positioned itself as a key player in the environment sector, offering solutions aimed at reducing carbon emissions and promoting sustainable practices. Notably, a joint venture was formed with SLB for SLB Capturi, with SLB holding an 80% stake and Aker Carbon Capture ASA owning the remaining 20% through its subsidiary.

Earlier this month, on May 9, Aker Carbon Capture entered into a notable agreement with Aker ASA, where the latter will acquire the 20% ownership interest in SLB Capturi, a pivotal move intended to streamline operations for Aker Carbon Capture.

This announcement is in compliance with the disclosure requirements set forth by section 5-12 of the Norwegian Securities Trading Act, as well as the Euronext Oslo Rule Book II.

Stay tuned for updates as the EGM date approaches, and don’t miss the opportunity to participate in this potential financial benefit.