The paper aimed at studying the slow pyrolysis of vine pruning waste in a fixed bed reactor and characterizing the pyrolysis products. Pyrolysis experiments were conducted for 60 min, using CO2 as a carrier gas and oxidizing agent. The distribution of biochar and bio-oil was dependent on variations in heat flux (4244–5777 W/m2), CO2 superficial velocity (0.004–0.008 m/s), and mean size of vegetal material (0.007–0.011 m). Relationships among these factors and process performances in terms of yields of biochar (0.286–0.328) and bio-oil (0.260–0.350), expressed as ratio between the final mass of pyrolysis product and initial mass of vegetal material, and final value of fixed bed temperature (401.1–486.5 °C) were established using a 23 factorial design. Proximate and ultimate analyses, FT-IR and SEM analyses, measurements of bulk density (0.112 ± 0.001 g/cm3), electrical conductivity (0.55 ± 0.03 dS/m), pH (10.35 ± 0.06), and water holding capacity (58.99 ± 14.51%) were performed for biochar. Water content (33.2 ± 1.27%), density (1.027 ± 0.014 g/cm3), pH (3.34 ± 0.02), refractive index (1.3553 ± 0.0027), and iodine value (87.98 ± 4.38 g I2/100 g bio-oil) were measured for bio-oil. Moreover, chemical composition of bio-oil was evaluated using GC-MS analysis, with 27 organic compounds being identified.