June 12, 2025

Nordic Technology Group AS - Key information regarding potential subsequent offering

Reference is made to the stock exchange announcement by Nordic Technology Group AS (the "Company") on 10 June 2025 regarding a successfully completed private placement of new shares and a potential subsequent offering of new shares directed at shareholders who (i) were not allocated Offer Shares in the Private Placement and (ii) are not resident in a jurisdiction where such offering would be unlawful or, for jurisdictions other than Norway, would require any prospectus, filing, registration or similar action.

In accordance with the continuing obligations of companies listed on the Oslo Stock Exchange, the following key information is given with respect to the Subsequent Offering:

* Date on which the terms and conditions of the Subsequent Offering were announced: 10 June 2025
* Last day including right: 10 June 2025
* Ex-date: 11 June 2025
* Record date: 12 June 2025
* Date of EGM approval: on or about 25 June 2025
* Maximum number of new shares: 11,000,000
* Subscription Price: NOK 1

The eligible shareholders will receive non-tradeable subscription rights based on their registered shareholdings as of the Record Date. Oversubscription will be allowed. Subscription without subscription rights will not be allowed. The date for the resolution for the issuance of the shares in the Subsequent Offering will be determined at a later date.

Completion of the subsequent offering will, inter alia, be conditional upon (i) completion of the Private Placement, and (ii) a resolution of the extraordinary general meeting, expected to be held on or about 25 June 2025, resolving the share capital increases pertaining to the issuance of the new shares in the private placement and authorizing the Board to resolve the subsequent offering.

For additional information, please contact:
CEO Rune Rinnan
Mob. +47 900 56 028
rune.rinnan@ntechgroup.no

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