Aker Carbon Capture ASA Calls Extraordinary General Meeting for Shareholders

Aker Carbon Capture ASA Announces EGM

Aker Carbon Capture ASA, a leading player in carbon capture technology, has scheduled an extraordinary general meeting (EGM) for June 6, 2025, at 2:00 PM CEST. This meeting is crucial as it will address the proposed dividend distribution stemming from the company's recent financial transactions. The resolution is especially significant following Aker Carbon Capture's announcement on May 9, 2025, concerning the sale of its 20% stake in SLB Capturi to Aker ASA. This strategic move underscores the company’s ongoing commitment to financial growth and shareholder value.

The EGM will focus on a proposed cash dividend of NOK 2.86 per share, collectively amounting to approximately NOK 1.7 billion for shareholders. Payments are expected to be executed around June 20, 2025, contingent upon approval during the EGM. The meeting will adopt a virtual format via Lumi AGM, allowing shareholders to participate seamlessly from their devices, whether smartphones, tablets, or desktops.

Shareholders are encouraged to register for the meeting before June 4, 2025, at 2:00 PM CEST. Those holding shares through a custodian in the VPS are required to register through their respective custodians to facilitate attendance and voting. The company has emphasized the importance of being logged in before the start of the meeting to ensure voting rights.

In preparation for the EGM, Aker Carbon Capture ASA has provided investors with necessary documents, including the notice for the meeting, a proxy form, the board's recommended resolutions, and the interim balance sheet as of May 14, 2025. All pertinent documents will also be accessible on the company’s official website.

Background on Aker Carbon Capture ASA

Aker Carbon Capture ASA has been a key figure in carbon capture technologies since its establishment in 2020. The firm benefits from over two decades of expertise in the sector, which has been instrumental in its growth and market positioning. As a strategic initiative, Aker Carbon Capture formed a joint venture named SLB Capturi with SLB back in June 2024, where SLB holds 80% and Aker Carbon Capture possesses 20% of ownership.

The recent transaction with Aker ASA, detailed in their announcement, indicates a thoughtful restructuring in order to bolster capital and enhance shareholder returns. This move reflects Aker Carbon Capture's proactive strategy in navigating market opportunities and aligning itself with larger capital frameworks post-dividend strategy, ensuring sustainable growth and value creation for its investors.

Stakeholders and interested parties are advised to keep updated through the company’s website, where all relevant meeting details and participation instructions will be provided. The forward-looking approach of Aker Carbon Capture aims not only at addressing immediate shareholder interests but also emphasizes its dedication to longer-term environmental and operational goals.