(Bergen, 9th of May 2021) Bergen Carbon Solutions AS (BCS, OSE:BCS) today
announces first carbon-nanofibers (EcoNano) shipment and continued discussions
under the Letter of Intent (LOI) with a Japanese company.

"We have through the weekend finalized our product shipment of EcoNano to the
Japanese company and initiated the cooperation process with theie R&D team
following the public holiday last week. Our aim is to enter an EcoNano supply
agreement during the second quarter, and to be one of the preferred partners,
following product verification and potential completion of the commercial
terms," says Jan B. Sagmo, CEO of Bergen Carbon Solutions.  
 
Reference is made to the stock exchange announcement 29th of April 2021,
regarding the LOI with a Japanese company aiming at establishing BCS as one of
the main suppliers of carbon-nanofibers for the production of the company's
composite materials. 

The first EcoNano-shipment under the LOI has been made and the technical due
diligence and commercial discussions will commence as outlined under the
agreement.

For additional information, please contact:

Jan B Sagmo, CEO, janbsagmo@bergencarbonslutions.com, +47 47372701
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.

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