Tekna Holding ASA

Regulatory Filings • Mar 24, 2025

TEKNA receives major orders totalling CAD 5.2 million for titanium material

TEKNA receives major orders totalling CAD 5.2 million for titanium material

24.3.2025 08:00:01 CET | Tekna Holding ASA | Non-regulatory press releases

ARENDAL, NO / SHERBROOKE, QC. - Tekna (OSE: TEKNA), a world-leading provider of

advanced materials and plasma systems to industry, is pleased to announce the

receipt of three orders valued at a total of CAD 5.2 million for titanium powder

used in metal injection molding (MIM).

The orders involve the supply of titanium powder specifically designed for MIM

applications, to Tier 1 component manufacturers based in Asia. This particular

grade of titanium manufactured by Tekna is ideally suited for MIM. The customers

will utilize the powder for mass-producing sub-components, such as digital watch

cases, hinges, and buttons. Deliveries for these contracts are scheduled for

2025/26.

"These sales have historically been strong contributors to our cash flow, and it

is reassuring to now have multiple customers for this material, signalling an

increase in demand and potential for margin improvement", said Luc Dionne, CEO

of Tekna.

Rémy Pontone, VP Sales and Marketing explains: "These orders are for material

consisting of smaller particles from our existing powder production, which is

partly available in our inventory and partly from ongoing production. It plays a

key role in our strategy to maximize sales from Tekna's entire production yield.

Through collaboration with our customers, we have successfully qualified this

smaller cut size for MIM, improving resource efficiency, increasing sales yield,

and significantly expanding our market share within the consumer electronics

components industry" *1".

MIM is a manufacturing process that blends fine metal powders with a polymer

binder to create a feedstock, which is then injected into a mold and sintered to

form the desired shape. This process offers several advantages, including the

ability to quickly manufacture complex shapes with high precision, while using

considerably less raw material compared to traditional machining methods.

Metal powder production processes naturally result in a wide distribution of

particle sizes *2. These powders are then separated into different cut sizes,

each resulting in a distinct product.

Tekna released a separate trading update in relation to the uncertainty

surrounding the recent tariffs introduced by the U.S. administration.

Tekna will release its annual report on April 10, 2025. The Q1 interim report

will be available on May 8, 2025.

*1: Tekna supplies additive materials to the consumer electronics market, which

should be distinguished from its efforts to enter the microelectronics industry

("MLCC") with nano materials

*2: For further information on the distribution of particle sizes, please refer

to Tekna's Q3 2023 interim report.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Arina Van Oost, Investor Relations | VP Corporate Strategic Development &

Innovation, Tekna Holding ASA, +33 6 7011 5190, investors@tekna.com

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials to industry,

headquartered in Sherbrooke, Canada.

Tekna produces high-purity metal powders for applications such as 3D printing in

the aerospace, medical and automotive sectors, as well as optimized induction

plasma systems for industrial research and production. With its unique,

IP-protected plasma technology, the company is well positioned in the growing

market for advanced nanomaterials within the electronics and batteries

industries.

Building on 30 years of delivering excellence, Tekna is a global player

recognized for its quality products and its commitment to its large base of

multinational blue-chip customers. Tekna's powder products increase productivity

and enable more efficient use of materials, thereby paving the way towards a

more resilient supply chain and circular economy.

https://www.tekna.com

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847682/18466290/5842/Download%20announce

ment%20as%20PDF.pdf