Nordic Semiconductor

Transaction in Own Shares • Oct 19, 2018

Share Buyback

Share Buyback

The Board of Directors of Nordic Semiconductor ASA has in a board meeting held on 18 October 2018, authorized the Company to commence a share repurchase program.

The share repurchase program will be carried out in accordance with applicable laws and regulations.

Key terms of the share repurchase program include:

* The maximum number of shares that the Company may purchase under the program is up to 9.97% of the outstanding shares, however limited to USD 15,000,000

* The shares may be purchased for a maximum of NOK 50.00

* The share repurchase program period runs from 19 October 2018 and ends on the latest on the Annual General Meeting in 2019

* No shares may be bought at a price higher than the greater of the share price of the latest independent trade or the highest current independent offer price at Oslo Børs at the time of the trade.

* The maximum number of shares in the Company which may be purchased on each trading day corresponds to maximum 20% of the average daily trading volume of the Company for that day.

Investor Relations contact: Pål Elstad, Chief Financial Officer Mobile: (+47) 99 166 293