Ensurge Micropower ASA - Capital/Financing Update 2021

Thin Film Electronics ASA - Warrant Exercise

Oslo, 25 March 2021

Reference is made to the announcement by Thin Film Electronics ASA (the

"Company") on 20 May 2020 regarding an Extraordinary General Meeting where the

shareholders resolved to issue warrants to participants in a Private Placement

and Subsequent Offering of shares, and on 30 June 2020 regarding the result of

the Subsequent Offering.

The Company has received further notices of exercise for a total of 58,680,765

Warrants B and has subsequently resolved to increase the Company's share capital

by NOK 6,454,884.15 in connection with the issuance of shares upon said

exercises. Upon registration of this share capital increase, the Company's share

capital will be NOK 128,571,605.58 divided into 1,168,832,778 shares, each share

having a par value of NOK 0.11.

Contact:

Ståle Bjørnstad - Investor Relations

Phone: +47 99 16 76 72

Kevin Barber - CEO

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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