NORSK TITANIUM Oslo, Norway ,28 February 2024 : Reference is made to the stock exchange announcement byNorsk Titanium AS (the "Company") on21 February 2024 regarding the final results of the partially underwritten rights issue (the "Rights Issue") and resolution to increase the share capital for settlement of underwriting commitment. The registration of the share capital relating to the issuance of 16,904,823 shares to the underwriters of the Rights Issue as compensation for their respective underwriting obligation has been registered with theNorwegian Register ofBusiness Enterprises . The Company's new registered share capital isNOK 23,006,097.20 divided into 287,576,215 shares, each with a nominal value ofNOK 0.08 . Each share represents one vote at the Company's general meeting. Furthermore, the issuance of 50 million warrants toBuntel AB , a subsidiary ofMolCap Invest AB , as part of the compensation for its underwriting commitment of the Rights Issue, has been registered with theNorwegian Register ofBusiness Enterprises . The shares and the warrants are expected to be delivered to the underwriters on or about29 February 2024 . For more information, please contact:John Andersen , Chairman ofNorsk Titanium AS Email: John.Andersen@scatec.no Tel: +47 90 17 40 80Carl Johnson , President & CEONorsk Titanium AS Email: Carl.Johnson@norsktitanium.com Tel: +1 518 324 4010Ashar Ashary , CFO Norsk Titanium AS Email: Ashar.Ashary@norsktitanium.com Tel: +1 518 556 8966 For information about the Rights Issue, please contactCarnegie AS (the "Manager"): +47 22 00 93 40 This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Growth Oslo and section 5-12 of the Norwegian Securities Trading Act. AboutNorsk Titanium AS : Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and installed production capacity to generate annual revenues of approximatelyUSD 300 million , Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers. For the latest news, go to www.norsktitanium.com or follow the Company on LinkedIn.
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