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Norbit Group AS

Regulatory News Service Nov 20, 2025

3674_iss_2025-11-20_7102b705-42f4-4838-bd99-8ee7e622fc32.html

Regulatory News Service

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NOK 160 million order for GNSS On-Board Unit deliveries

NOK 160 million order for GNSS On-Board Unit deliveries

NORBIT today announces that its segment Connectivity has received a new order

for deliveries to the leading European Electronic Toll Service (EETS) provider

Toll4Europe of GNSS On-Board Units.

Deliveries are scheduled for first half of 2026. The total order is estimated to

NOK 160 million.

"We are proud to be given the trust from Europe's leading tolling service

provider. This repeat order demonstrates the strength of our ability to deliver

tailored technology and our strategy to act as a technology partner for our

client", says Per Jørgen Weisethaunet CEO of NORBIT.

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 stock exchange release contains inside information as defined in the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to section 5-12 of the Securities Trading Act.

The information was submitted for publication by Elise Heidenreich, Investor

Relations at NORBIT ASA, on 20 November 2025 at 18:00 CET.

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