Nordic Unmanned ASA

Share Issue/Capital Change • Jun 2, 2022

Key information relating to the potential repair issue to be carried out by Nordic Unmanned ASA

Key information relating to the potential repair issue to be carried out by Nordic Unmanned ASA

3.6.2022 00:21:26 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN CANADA,

JAPAN, AUSTRALIA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH

RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES

NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement published on 3 June 2022 by

Nordic Unmanned ASA (the "Company") announcing the successful completion of a

private placement of new shares in the Company, with gross proceeds of

approximately NOK 80 million (the "Private Placement"), and that the Company is

considering to conduct a subsequent offering of up to 1,363,636 new shares

directed towards eligible shareholders (the "Subsequent Offering").

Key information:

Date on which the terms and conditions of the repair issue were announced: 2

June 2022

Last day including right: 2 June 2022

Ex-date: 3 June 2022

Record date: 7 June 2022

Date of approval: 2 June 2022

Maximum number of new shares: 1,363,636

Subscription price: NOK 22 per share

Other information: The Subsequent Offering is conditional on, inter alia, the

Company's Board resolving to carry out the Subsequent Offering. Launch of a

Subsequent Offering, if carried out, may also be contingent on publishing of a

prospectus. Further description of the Subsequent Offering and the terms and

other circumstances that must be taken into consideration when subscribing for

shares will be announced later. Notwithstanding the foregoing, the Company's

Board may, in its sole discretion, decide that the Company shall not carry out

the Subsequent Offering, for example if the prevailing market price of the

Company's share trade lower than the subscription price, thereby making a

subsequent offering redundant.

This information is published in accordance with the requirements of the

Continuing Obligations.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com

* Trond Østerhus, CFO, +47 95 99 08 79, to@nordicunmanned.com

ABOUT NORDIC UNMANNED

Nordic Unmanned is a global leader of high-end products and services related to

drones and data capture. Through world-wide operational experience and industry

leading expertise, Nordic Unmanned supports large governmental and industrial

clients in the adaption of unmanned systems and services.

Founded in 2014, the Group has offices in Sandnes, Oslo, Molde, Odense (DK),

Cranfield (UK) and Arnsberg (GER) and has quickly become one of Europe's leading

providers of unmanned systems and services, with operations across the

continent. The Group is ISO 9001-2015 and certified by for the operation,

maintenance, sale, design, development, and production of unmanned systems and

sensor technology. The production is also AS9100 certified.

For more information visit nordicunmanned.com - https://nordicunmanned.com/