Bergen Carbon Solutions: Enters into LOI with Jackon

(Bergen, 30th June 2021) Bergen Carbon Solutions AS (Bergen Carbon Solution , OSE:BCS) today announces a Letter Of Intent (LOI) with Jackon AS (Jackon) for a carbon nano-fiber cooperation and a potential EcoNano supplier agreement. "We´re excited to announce an LOI with Jackon, highlighting the strong interest for Bergen Carbon Solutions' green carbon-nanofiber product across industries. Under the LOI we will jointly test our EcoNano product in their materials and we look forward to working with one of Norway's leading industrial companies to develop our joint and significant opportunities within carbon nano-fibers," says Jan B. Sagmo, CEO of Bergen Carbon Solutions. Bergen Carbon Solutions has entered an LOI with Jackon for a potential EcoNano supply agreement, including joint development and various R&D activities. The parties will conduct a feasibility study at Jackon's industrial site at Fredrikstad in Norway and target to enter into a final agreement during the autumn of 2021. ENDS For additional information, please contact: Jan B Sagmo, CEO, janbsagmo@bergencarbonslutions.com, +47 473 72 701 Kåre B. Voldsund, CFO, kbv@bergencarbonsolutions.com, +47 906 77 756 About Bergen Carbon Solutions | www.bergencarbonsolutions.no Bergen Carbon Solutions uses innovative technology to produce carbon nanofibers, using CO2 and Norwegian hydropower. This makes the production unique and environmentally friendly. Bergen Carbon Solutions is listed on Euronext Growth under the ticker BCS. About carbon-nanofiber and Bergen Carbon Solution Carbon-nanofiber (CNF) is a high value product, lighter than plastic, stronger than steel and leads electricity better than copper, and is applied to a wide range of consumer and industrial products, from energy storage to protective clothing. The CNF is made by using modular production units that are based on two 40 feet containers stacked on top of each other with two reactors (4 crucibles each). Each production unit can produce about 6.5 tonnes of CNF annually out of 30 tonnes of CO2. The production method and technology have been verified by DNV-GL, and Bergen Carbon Solution has been producing CNF at their test facility since summer 2020. The company has developed an energy efficient, carbon negative production method, to produce CNF out of CO2, using only renewable energy and with O2 as the only bi-product and thus Bergen Carbon Solutions calls it green carbon-nanofiber. About Jackon Jackon is a family-owned industrial group headquartered in Fredrikstad. They are one of Europe's leading manufacturers of insulation, building systems, as well as specialty products and packaging in expanded and extruded polystyrene and expanded polypropylene to the construction industry and other industries. Founded in 1956, Jackon boasts a history of healthy business development and continuous growth. Their slogan "Committed since 1956" expresses a strong commitment to a sustainable business: - Develop long-term relationships with and build common goals with our customers - Continuous improvement and development of our products and services - Energy efficient products and environmentally friendly production The group has an annual turnover of NOK 3 billion, 850 employees in 21 factories in 6 countries, and sales departments in most Western European countries - Norway, Sweden, Denmark, Finland, Germany, the United Kingdom, France, Switzerland, Belgium and the Netherlands.