Nordic Technology Group AS

Share Issue/Capital Change • Jun 21, 2024

CondAlign AS: Contemplated private placement

CondAlign AS: Contemplated private placement

CondAlign AS, a subsidiary of NTG with 50,2 % ownership announces a contemplated private placement of new preference shares in the company to raise minimum NOK 35,8 million and maximum NOK 45,8 million, including conversion of existing debt of NOK 25,8 million, which is pre-committed.

NTG has subscribed for NOK 17,3 million (incl. accumulated interest) in the private placement by convention of debt.

Please see attached Launch release from CondAlign AS.

Group CEO Rune Rinnan

Chair CondAlign AS

Mob. +47 900 56 028

rune.rinnan@ntechgroup.no

www.ntechgroup.no

CEO CondAlign AS

Harald Wahl Breivik

Mob. +47 976 33 815

harald.breivik@condalign.no

www.condalign.no