Aker Carbon Capture ASA: Notice of Extraordinary General Meeting

Rhea-AI Summary

Aker Carbon Capture ASA has announced an extraordinary general meeting scheduled for March 7, 2025, at 12:00 (CET). The meeting will be conducted virtually through Lumi AGM, focusing on a proposed capital reduction and dividend distribution based on an audited interim balance sheet.

Shareholders can participate, vote, and ask questions using various electronic devices. While pre-registration isn't required, shareholders are encouraged to register by March 5, 2025, at 23:59 (CET). The same deadline applies for advance votes and proxies. Attendees must log in before the meeting starts to participate in voting.

The company has provided essential documents including the meeting notice, proxy form, board's proposed resolutions, audited interim balance sheet as of December 30, 2024, and auditor's confirmation regarding coverage after capital reduction.

Positive

• Proposed dividend distribution to shareholders
• Virtual meeting format increases accessibility for shareholders

Negative

• Planned capital reduction may affect company's financial structure

FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ -- The board of directors of hereby calls for an extraordinary general meeting in Aker Carbon Capture ASA (the "Company"), on 7 March 2025 at 12:00 (CET) as a virtual meeting, regarding a proposed capital reduction and dividend distribution based on an audited interim balance sheet, also subject to approval by the general meeting.

The meeting will be conducted as a virtual meeting only, accessible online via Lumi AGM. All shareholders will be able to participate in the meeting, vote and ask questions from smartphones, tablets or desktop devices. For further information regarding electronic participation, please refer to the guidelines attached to this notice.

Although no pre-registration is needed for attending online, shareholders that are eligible for attending and voting at the annual general meeting are encouraged to register their attendance no later than 5 March 2025 at 23:59 (CET). Attendees must be logged in before the meeting starts to be able to vote. Deadline for registration of advance votes and proxies is 5 March 2025 at 23:59 (CET).

Please find attached the following documents:

Notice of extraordinary general meeting, incl. proxy form

- The Board of Directors' proposed resolutions

- The audited interim balance sheet of Aker Carbon Capture ASA per 30 December 2024

- Confirmation from the Company's auditor regarding coverage after capital reduction, cf. the Public Limited Liability Act section 12-2

- Guidelines for online participation

All documents to be processed in the meeting, as well as the participation link and guidelines for online participation, will also be made available on www.akercarboncaptureasa.com.

For further information:

Media and Investors: Mats Ektvedt, mobile: +47 41 42 33 28,

e-mail: mats.ektvedt@corporatecommunications.no

About Aker Carbon Capture ASA

Aker Carbon Capture ASA was established as a separate entity in 2020, building on more than 20 years long experience and maturation of the carbon capture technology within Aker. Following an agreement with SLB, a Joint Venture between SLB and Aker Carbon Capture was established in June 2024. The JV, SLB Capturi, is headquartered in Oslo, with SLB owning 80% and Aker Carbon Capture ASA owning 20%, two strong companies with proven track record of building successful industrial businesses positioned for substantial growth.

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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-carbon-capture-asa/r/aker-carbon-capture-asa--notice-of-extraordinary-general-meeting,c4105759

The following files are available for download:

https://mb.cision.com/Public/20223/4105759/9606ca6e23d31c4d.pdf

ACC - Notice of EGM WEB

View original content:https://www.prnewswire.com/news-releases/aker-carbon-capture-asa-notice-of-extraordinary-general-meeting-302376565.html

SOURCE Aker Carbon Capture ASA

FAQ

When is Aker Carbon Capture's (AKRCY) extraordinary general meeting in 2025?

The extraordinary general meeting is scheduled for March 7, 2025, at 12:00 (CET) as a virtual meeting.

What is the registration deadline for AKRCY's March 2025 extraordinary general meeting?

The registration deadline is March 5, 2025, at 23:59 (CET) for attendance, advance votes, and proxies.

What are the main agenda items for AKRCY's March 2025 extraordinary meeting?

The main agenda items are a proposed capital reduction and dividend distribution based on an audited interim balance sheet.

How can shareholders participate in AKRCY's March 2025 extraordinary meeting?

Shareholders can participate virtually through Lumi AGM using smartphones, tablets, or desktop devices.