Fourth quarter financial results and operational update
INVESTOR RELATIONS NEWS

Fourth quarter 2025 financial results and operational update

Bergen Carbon Solutions (BCS) has delivered solid progress throughout 2025, driven by technological innovation and improved financial discipline. The company made a major leap in its core technology, now operating from a more stable and repeatable process platform that enables greater control over electrolysis and carbon powder quality. This development marks a crucial milestone, allowing BCS to shift focus from experimentation to systematic testing in battery applications.

BCS has also strengthened its financial position, notably reducing burn rate and enhancing cost discipline compared to prior years. With additional grants from Innovation Norway, the company is well-positioned for the next phase of growth.

Global trends, including rising geopolitical tensions and an increased emphasis on local supply chains, have highlighted the growing importance of sustainable, regionally based material production.

As a direct result of our technological progress during 2025, the priority for 2026 will be to produce larger test volumes with consistent quality, external validation, and strengthen collaboration with key industrial and academic partners in Asia and Europe. The establishment of an international Advisory Board has further bolstered BCS’s capabilities and readiness for industrial partnerships.

Reflecting on the year, CEO Odd Strømsnes states, “We exit the year as a more robust company, with a stable technology platform, improved financial position, and a clear and executable plan for the next phase of development.”

The recording of the live presentation is available at the following link:

https://youtu.be/D3dprYDR4Sc

The presentation and financial report for Q4 2025 are enclosed.

BCS Operational Update Q4 2025.pdfpdfBCS Financial Report Q4 2025.pdfpdf



For further information please contact:
Odd Strømsnes, CEO, os@bergencarbonsolutions.com, +47 480 88 571
Karina Brudeseth, CFO, karbru@bergencarbonsolutions.com, +47 413 43 381