This disclosure is sent on behalf of certain large shareholders in Thin Film
Electronics ASA (the "Company").

Reference is made to the announcement made by the Company on 20 May 2020
regarding the resolutions by the Extraordinary General Meeting to approve, among
other things, a private placement of shares (the "Private Placement") and the
issuance of warrants to the subscribers, who were allocated shares in the
Private Placement. 

Tigerstaden AS  was allocated 45,454,545 shares and 90,909,090  warrants in the
transaction. Following completion of the Private Placement, Tigerstaden AS and
close associates will own  45,454,545 shares, representing 15,90% of the
Company's total number of outstanding shares following the Private Placement, as
well as 90,909,090  warrants, of which 45,454,545 warrants have an exercise
price of NOK 0.11 per share and will be exercisable at any time from the date of
grant until 31 December 2020, while 45,454,545  warrants have an exercise price
of NOK 0.25 per share and will be exercisable at any time from the date of grant
until 20 August 2021.

Alden AS  was allocated 45,454,545 shares and 90,909,090  warrants in the
transaction. Following completion of the Private Placement, Alden AS and close
associates will own  45,454,545 shares, representing 15,90% of the Company's
total number of outstanding shares following the Private Placement, as well as
90,909,090  warrants, of which 45,454,545 warrants have an exercise price of NOK
0.11 per share and will be exercisable at any time from the date of grant until
31 December 2020, while 45,454,545  warrants have an exercise price of NOK 0.25
per share and will be exercisable at any time from the date of grant until 20
August 2021.

Robert Napier Keith  was allocated 45,454,545 shares and 90,909,090  warrants in
the transaction. Following completion of the Private Placement, Robert Napier
Keith and close associates will own  45,454,545 shares, representing 15,90% of
the Company's total number of outstanding shares following the Private
Placement, as well as 90,909,090  warrants, of which 45,454,545 warrants have an
exercise price of NOK 0.11 per share and will be exercisable at any time from
the date of grant until 31 December 2020, while 45,454,545  warrants have an
exercise price of NOK 0.25 per share and will be exercisable at any time from
the date of grant until 20 August 2021.

Middelborg AS  was allocated 18,181,818 shares and 36,363,636  warrants in the
transaction. Following completion of the Private Placement, Middelborg AS and
close associates will own  18,181,818 shares, representing 6,36% of the
Company's total number of outstanding shares following the Private Placement, as
well as 18,181,818  warrants, of which 18,181,818 warrants have an exercise
price of NOK 0.11 per share and will be exercisable at any time from the date of
grant until 31 December 2020, while 18,181,818 warrants have an exercise price
of NOK 0.25 per share and will be exercisable at any time from the date of grant
until 20 August 2021.

22 May 2020
Thin Film Electronics ASA

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