Nordic Semiconductor

Capital/Financing Update • Jun 13, 2022

NOD: Bond mandate announcement and fixed income virtual investor meetings, and new sustainability-linked RCF

NOD: Bond mandate announcement and fixed income virtual investor meetings, and new sustainability-linked RCF

(Oslo, Norway – June 13, 2022) Nordic Semiconductor ASA (“Nordic”), rated BBB (Stable) by Nordic Credit Rating, has mandated Danske Bank as Global Coordinator, and Danske Bank and DNB Markets as Joint Lead Managers and Bookrunners to arrange a series of virtual investor meetings commencing on June 14, 2022. A NOK denominated senior unsecured bond issue with expected tenor of five years and a target size of NOK 1,500 million may follow, subject to inter alia market conditions.

On June 3, 2022, Nordic signed a new senior secured USD 150 million sustainability-linked revolving credit facility (“RCF”). The RCF has a 3 year term and may be extended by two additional years through two extension options. Nordic’s existing USD 65 million revolving credit facility, which would have expired in November 2022, has consequently been cancelled. Danske Bank and HSBC has acted as Mandated Lead Arrangers and Sustainability Coordinators of the RCF.

For further information, please contact:

Pål Elstad, CFO Nordic Semiconductor ASA Phone: +47 991 66 293

Ståle Ytterdal, SVP IR Nordic Semiconductor ASA Phone: +47 930 37 430

About Nordic Semiconductor:

Nordic Semiconductor has been a pioneer in ultra- low power wireless solutions, from proprietary technologies for PC accessories to today’s Bluetooth low energy and multiprotocol products and long-range cellular IoT solutions. Nordic Semiconductor is the clear market leader in the ultra-low power wireless segment, serving a growing market in consumer electronics, wearables, building and retail, healthcare and an increasing number of other verticals and applications. Nordic Semiconductor (NOD) is a public company listed on the Oslo stock exchange in Norway.

For more information go to www.nordicsemi.com

This information is subject to the disclosure requirements according to §5-12 in the Norwegian Securities Trading Act.