We are pleased to welcome Honeywell as the newest member of our coalition. A global technology leader, Honeywell's portfolio is aligned with three major megatrends: automation, the future of aviation, and the energy transition.

With significant investments in the EU economy and a workforce of approximately 20,000 employees across more than 20 European countries, Honeywell is committed to advancing carbon capture and storage (CCS) as a critical solution for meeting the EU Green Deal's targets. The company recognizes CCS as essential for decarbonizing the EU and addressing the challenges faced by hard-to-abate industries.

Honeywell brings industry-leading solutions to the table, offering innovative CO2 capture technologies such as physical and chemical solvents, adsorbents, membranes, and cryogenics, designed for efficient carbon capture across industrial applications.

We are excited about this new partnership and look forward to collaborating with Honeywell to drive progress in CCS technology. Together, we can make a significant impact in achieving a low-carbon future.

Stay tuned as we continue to push forward with this exciting collaboration!