Reference is made to the stock exchange announcement published byNapatech A/S (the "Company") on7 May 2024 regarding the completion of a private placement of new shares in the Company, raising gross proceeds of approximatelyNOK 225 million (the "Private Placement"). As a result of the Private Placement, the board of directors of the Company has resolved to issue 9,000,000 new shares in the Company with a nominal value ofDKK 0.25 each (the "New Shares"), representing 9.97% of the registered share capital of the Company prior to the capital increase and 9.06% of the share capital following the share capital increase. Delivery of the shares allocated to investors in the Private Placement, was made by delivery of existing shares in the Company already listed on theOslo Stock Exchange pursuant to a share lending agreement between the Company,Verdane Capital VIII K/S ("Verdane"),ABG Sundal Collier ASA (acting as settlement agent on behalf of the managers in the Private Placement, the "Settlement Agent") andSpareBank 1 Markets AS for the purpose of facilitating delivery-versus-payment (DVP) settlement. The Settlement Agent will settle the share lending by delivery of the New Shares to Verdane. The share capital increase pertaining to the New Shares has now been registered with theDanish Business Authority . After the registration, the total nominal value of the share capital of the Company is 24,820,800 divided into 99,283,200 shares, each with a par value ofDKK 0.25 . The New Shares are expected to be issued through Euronext Securities Oslo ("VPS"), under the permanent ISIN code of the existing shares of the Company, DK0060520450, and admitted to trading and listing on theOslo Stock Exchange immediately hereafter. Reference is made to the disclosure requirements on changes to the share capital and voting rights set out in section 32 of the Danish Capital Markets Act. For further information, please contact:Lars Boilesen , CEO Phone: +45 4596 1500 E-mail: larsb@napatech.com orHeine Thorsgaard , CFO Phone: +45 4596 1500 E-mail: htg@napatech.com About:Napatech is a leading supplier of programmable FPGA-based SmartNIC solutions used in telecom, cloud, enterprise, cybersecurity and financial applications worldwide. Through commercial-grade software suites integrated with robust, high-performance hardware,Napatech accelerates telecom, networking and security workloads to deliver best-in-class system-level performance while maximizing the availability of server compute resources for running applications and services.
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