NORSK TITANIUM Oslo, Norway ,9 September 2021 :Disruptive Innovation Fund, L.P. ("Disruptive"), that is a legal person closely associated withSteve D. Geskos , who is a board member ofNorsk Titanium AS ("Norsk Titanium"), has on9 September 2021 acquired 1,944,600 shares in Norsk Titanium (the "Transaction"). The seller isMB Precision Investment Holdings LLC ("MB Precision"). Following the Transaction,Disruptive Innovation Fund, L.P. holds 15,629,325 shares in Norsk Titanium. The Transaction is entered into directly between Disruptive and MB Precision. In connection with the listing of Norsk Titanium on Euronext Growth Oslo, MB Precision entered into a share lending agreement with NTi Holding AS ("NTi Holding ") whereby its shares have been held on a separate Euronext VPS account in the name ofNTi Holding . In the Transaction, the shares are redelivered upon the sole discretion and instruction by MB Precision.NTi Holding is not the beneficial owner of the shares and not a seller in the Transaction and will consequently neither increase nor decrease its ownership to shares inNorsk Titanium as a result of the Transaction.NTi Holding is a legal person closely associated withJohn Andersen , who is the chairman of the board of Norsk Titanium. Attached are the notifications of the transaction in accordance with the Market Abuse Regulation Article 19. For more information, please contact:John Andersen , Chairman of Norsk Titanium Email: John.Andersen@scatec.no Tel: +47 90 17 40 80Mike Canario , President and CEO of Norsk Titanium Email: Michael.Canario@norsktitanium.com Tel: +1 518 324 4010Ashar Ashary , VP Finance Norsk Titanium AS Email: Ashar.Ashary@norsktitanium.com Tel: +1 518 556 8966 This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and section 5-12 of theNorwegian Securities Trading Act.
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