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Nordic Semiconductor

M&A Activity • Dec 4, 2023

3680_rns_2023-12-04_1a5b3224-fdcd-4eff-be6c-1d677dcdf50b.html

M&A Activity

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NOD – Closing of acquisition of Atlazo

Reference is made to the stock exchange notice issued by Nordic Semiconductor ASA on August 15, 2023, in which it was announced that Nordic Semiconductor ASA had entered into an agreement to acquire the intellectual property (IP) portfolio of Atlazo Inc. in San Diego for an undisclosed sum. The completion of the acquisition was subject to regulatory approval from the U.S. Government. The necessary approval has now been obtained, and as of December 1, 2023, the acquisition has been successfully completed.

For further information, please contact: Pål Elstad, CFO [email protected] +47 99 166 293

This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5 -12.