News
September 10, 2021
Caterpillar contact:
Kate Kenny
Global Government & Corporate Affairs
Mobile: 309-361-9333
Email: Kenny_Kate@cat.com
FOR IMMEDIATE RELEASE –CATERPILLAR ACQUIRES CARBONPOINT SOLUTIONS
Deerfield, IL – Caterpillar Inc. (NYSE:CAT) has acquired Enhanced Energy Group, Inc.
operating as “CarbonPoint Solutions,” a U.S.-based carbon capture technology company.
Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate andcapture CO2 for utilization or sequestration.
Carbon capture systems using CarbonPoint Solutions’ patented processes can be applied toengines and turbines at oil and gas sites, distributed power and industrial plants andwaste-to-energy sites.
“Combining CarbonPoint Solutions’ patented technology with Caterpillar Oil & Gas solutions
enables us to further reduce greenhouse gas emissions while helping our customers meet theirclimate-related objectives,” said Rod Shurman, vice president of Caterpillar’s Oil & Gas andMarine Division.
“We are extremely pleased to join Caterpillar and look forward to rapid deployment of the SemiClosed Cycle and carbon capture for Cat engines and Solar gas turbines,” said Paul Dunn,president and founder of CarbonPoint Solutions.
Caterpillar is committed to contributing to a reduced-carbon future. We demonstrate this in manyways including our continued investment in new products, technologies and services to help ourcustomers achieve their climate-related objectives as they build a better, more sustainable world.

About Caterpillar
With 2020 sales and revenues of $41.7 billion, Caterpillar Inc. is the world’s leading
manufacturer of construction and mining equipment, diesel and natural gas engines, industrial
gas turbines, and diesel-electric locomotives. Since 1925, we’ve been driving sustainable
progress and helping customers build a better world through innovative products and services.
Throughout the product life cycle, we offer services built on cutting-edge technology and(more)

-2-decades of product expertise. These products and services, backed by our global dealer network,
provide exceptional value to help our customers succeed. We do business on every continent,
principally operating through three primary segments – Construction Industries, ResourceIndustries, and Energy & Transportation – and providing financing and related services throughour Financial Products segment. Visit us at caterpillar.com or join the conversation on our social
media channels at caterpillar.com/social-media.

Forward-Looking Statements
Certain statements in this financial review relate to future events and expectations and are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,”“estimate,” “will be,” “will,” “would,” “expect,” “anticipate,” “plan,” “forecast,” “target,” “guide,” “project,”“intend,” “could,” “should” or other similar words or expressions often identify forward-looking statements. Allstatements other than statements of historical fact are forward-looking statements, including, without limitation,statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee
future performance and speak only as of the date they are made, and we do not undertake to update our forwardlooking statements.
Caterpillar’s actual results may differ materially from those described or implied in our forward-looking statements
based on a number of factors, including, but not limited to: (i) global and regional economic conditions andeconomic conditions in the industries we serve; (ii) commodity price changes, material price increases, fluctuations
in demand for our products or significant shortages of material; (iii) government monetary or fiscal policies; (iv)political and economic risks, commercial instability and events beyond our control in the countries in which weoperate; (v) international trade policies and their impact on demand for our products and our competitive position,including the imposition of new tariffs or changes in existing tariff rates; (vi) our ability to develop, produce andmarket quality products that meet our customers’ needs; (vii) the impact of the highly competitive environment inwhich we operate on our sales and pricing; (viii) information technology security threats and computer crime; (ix)inventory management decisions and sourcing practices of our dealers and our OEM customers; (x) a failure torealize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures; (xi)union disputes or other employee relations issues; (xii) adverse effects of unexpected events; (xiii) disruptions orvolatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers andsuppliers; (xiv) failure to maintain our credit ratings and potential resulting increases to our cost of borrowing andadverse effects on our cost of funds, liquidity, competitive position and access to capital markets; (xv) our Financial
Products segment’s risks associated with the financial services industry; (xvi) changes in interest rates or market
liquidity conditions; (xvii) an increase in delinquencies, repossessions or net losses of Cat Financial’s customers;(xviii) currency fluctuations; (xix) our or Cat Financial’s compliance with financial and other restrictive covenants
in debt agreements; (xx) increased pension plan funding obligations; (xxi) alleged or actual violations of trade oranti-corruption laws and regulations; (xxii) additional tax expense or exposure, including the impact of U.S. tax
reform; (xxiii) significant legal proceedings, claims, lawsuits or government investigations; (xxiv) new regulations
or changes in financial services regulations; (xxv) compliance with environmental laws and regulations; (xxvi) theduration and geographic spread of, business disruptions caused by, and the overall global economic impact of, the
COVID-19 pandemic; and (xxvii) other factors described in more detail in Caterpillar’s Forms 10-Q, 10-K and otherfilings with the Securities and Exchange Commission.
A reconciliation of non-GAAP financial information can be found in our press release describing second-quarter
2021 financial results which is available on our website at www.caterpillar.com/earnings.

Caterpillar Public Release#