Nordic Semiconductor — Director's Dealing 2023

May 2, 2023

Nordic Semiconductor ASA: Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Nordic Semiconductor ASA's shares

Oslo, May 2, 2023: Pursuant to the Market Abuse Regulation article 19, Nordic Semiconductor ASA (the "Company") hereby notify receipt of information of the following transaction made by persons discharging managerial responsibilities in the Company (the "Reporting Person") and persons closely associated with them (the "Closely Associated Persons") in the Company's shares and other financial instruments linked thereto

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kjetil Holstad
2	Reason for the notification
a)	Position/status	EVP Product Management
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Nordic Semiconductor ASA
b)	LEI	5967007LIEEXZXJGFK95
4	Details of the transaction(s): section to the repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary
	Identification code	NO0003055501 NORDIC SEMICONDUCTOR ASA
b)	Nature of the transaction	In 2020, members of Nordic Executive management were granted Performance Shares (PSUs) and Restricted Stock Units (RSUs) in connections with long term incentive plan for Executive Management. The PSUs and RSUs had a 3 year vesting period. For the PSUs, the number of shares allocated at vesting depended on achievement of a set of performance criterias. The shares are delivered to the employee at the vesting date.
c)	Price(s) and volume(s)	Price(s):	Volume(s):
		0	11 973
d)	Aggregated information
	- Aggregated volume	A total of 11 973 Shares received.
	- Price	No consideration is paid for the shares.

e)	Date of the transaction	2023-05-02; 10:00 (CEST)
f)	Place of the transaction	Euronext Oslo Børs