NORSK TITANIUM Oslo, Norway ,25 January 2024 : Reference is made to the stock exchange notice byNorsk Titanium AS ("Norsk Titanium" or "Company") published on17 January 2024 regarding a share capital increase in connection with exercise of restricted share units according to the Company's long term incentive program. The issuance of 653,238 new shares has been registered with theNorwegian Register ofBusiness Enterprises . Following registration, the share capital of Norsk Titanium isNOK 21,653,711.36 divided into 270,671,392 shares, each share having a par value ofNOK 0.08 and carrying one vote in the Company's general meeting. For more information, please contact:John Andersen , Chairman ofNorsk Titanium AS Email: John.Andersen@scatec.no Tel: +47 90 17 40 80Carl Johnson , President and CEO of Norsk Titanium 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 About Norsk Titanium: 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 and700 MT of production capacity, 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 us on LinkedIn. This information is subject to the disclosure requirements pursuant to Euronext Growth Oslo Rule Book - Part II.
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