Norbit Group AS

Share Issue/Capital Change • Dec 9, 2025

NORBIT - Results of the 2025 employee incentive program and mandatory trade notification

NORBIT - Results of the 2025 employee incentive program and mandatory trade notification

Trondheim, 9 December 2025: The Board of Directors of NORBIT ASA (the 'Company')

has decided to approve an incentive share purchase program for employees in the

NORBIT group of companies.  In total, 286 employees participated in the program.

The share purchase program is structured as a share matching program where

participants are offered the opportunity to acquire shares at market value, and

in turn, obtain a right to receive compensation in new shares equivalent to

their invested amount after 24 months if certain conditions are met.

In this year's program a total of 76,077 shares were subscribed for. Upon

allocation, the subscription price of the shares was set to NOK 172.481, which

corresponds to the five-day average volume weighted price of NORBIT ASA's share

prior to 1 December 2025.

The shares will be delivered in the form of existing shares currently held by

the Company as treasury shares, and no new shares will be issued as part of the

transaction.

For further details on shares subscribed for by primary insiders and related

parties of the Company, please see the attached forms.

For more information, please contact:

Per Jørgen Weisethaunet, CEO, +47 959 62 915

Per Kristian Reppe, CFO, +47 900 33 203

About NORBIT ASA

NORBIT is a global provider of tailored technology to selected applications,

solving challenges and promoting sustainability through innovative solutions, in

line with its mission to Explore More. The company is structured in three

business segments to address its key markets: Oceans, Connectivity and Product

Innovation & Realization. The Oceans segment delivers tailored technology

solutions to global maritime markets. The Connectivity segment provides wireless

solutions for identification, monitoring and tracking. The Product Innovation &

Realization segment offers R&D services, proprietary products, and contract

manufacturing to key customers. NORBIT is headquartered in Trondheim with

manufacturing in Europe and North America, has around 650 employees, and a

worldwide sales and distribution platform.

For more information: www.norbit.com

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.