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Regulatory press release

HORISONT ENERGI AS - STRATEGY UPDATE FROM THE BOARD OF DIRECTORS

NOS Nova
Sandnes, 09.10.2025 Horisont Energi AS ("Horisont Energi", ticker: HRGI)
announces strategy update from the company's Board of Directors.

The newly constituted Board of Directors in Horisont Energi have concluded that
the company will continue its work to develop the company's Gismarvik CO2
terminal in Haugaland Industrial Park in Norway.
The terminal will be the foundation of the company's Innovation arm, where paid
studies will be conducted for CO2 emitters, terminal customers and CO2 storage
providers.
The company will further have an Engineering arm that will work on commercial
projects for external customers and its majority shareholder