Ensurge Micropower ASA - Share Issue/Capital Change 2021

Thin Film Electronics ASA - Subscription Rights

Oslo, 29 April 2021

The Board of Directors of Thin Film Electronics ASA has become aware of an

inadvertent mispricing, compared to US tax laws, of certain subscription rights

awards previously granted to US employees under the Company's 2020 Subscription

Rights Incentive Plan ("2020 Plan"). The Board has therefore, as allowed under

the 2020 Plan, resolved to reprice such prior grants to become fully compliant

with applicable US tax laws. With reference to the Company's announcements on

Oslo Børs on 13 September, 16 October, 11 December and 18 December 2020

regarding grants of subscription rights to employees, the exercise prices per

share in these four rounds of grants have been amended to NOK 0.3300, NOK

0.3752, NOK 0.3900 and NOK 0.4470, respectively.

Contact:

Ståle Bjørnstad - Investor Relations

Phone: +47 99 16 76 72

Kevin Barber - Chief Executive Officer

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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