Nordic Semiconductor

Major Shareholding Notification • Dec 2, 2022

SMALLCAP World Fund, Inc. 333 South Hope Street Los Angeles, CA 90071-1406

capitalgroup.com

30 November 2022

Nordic Semiconductor ASA
Attn: Stale Ytterdal "Steel"
47-72-89-89-00
steel.ytterdal@nordicsemi.no

Oslo Bors AS (Oslo Stock Exchange) 011 47 22 41 67 90 ma@oslobors.no

Norwegian Central Depository (VPS) 011 47 22 63 52 00 vps@vps.no

Re: SMALLCAP World Fund, Inc. - Disclosure of acquisition/disposition of large shareholdings - Nordic Semiconductor ASA (the "Company")

Dear Sir/ Madam:

Pursuant to Section 4-3 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations, we hereby disclose the following information.

On 30 November 2022, SMALLCAP World Fund, Inc. ("SCWF") acquired 270,921 shares of the Company, resulting in a shareholding amounting to 5.076% of total voting rights and 5.076% of total share capital. Please see the enclosed Schedule Afor transaction details and Schedule B for the number of shares in the Company held by SCWF in respect of which this notification relates.

Please note that the notification submitted on behalf of The Capital Group Companies, Inc. as of 08 June 2021 included SCWF's holdings.

For the purpose of this Report, the total voting rights figure of 192,781,600 votes and the total share capital figure of 192,781,600 shares were used to calculate the percentages. We believe these figures are correct; however, if these numbers are not accurate, please contact us as soon as possible so we may make the necessary revisions.

Should you have questions or require additional information, please contact us at (213) 615-0469 or via e-mail at GRGroup@capgroup.com.

Regards,

_____________________

Emily Meikle Compliance Associate

Schedule A - Nordic Semiconductor ASA Transactions by SMALLCAP World Fund, Inc. As of 30 November 2022

Date of transaction	Nature of change	Price per share	Class and number of securities transacted	Votes affected
30 Nov 2022	Purchase	176.1136 NOK	87,449 Common Stock	87,449
30 Nov 2022	Purchase	176.4722 NOK	183,472 Common Stock	183,472

Schedule B - Nordic Semiconductor ASA Holdings by SMALLCAP World Fund, Inc. As of 30 November 2022

Fund	Number of	Percent of total	Number of	Percent of total
	Votes	voting rights	Shares	shares
SMALLCAP World Fund, Inc.	9,785,422	5.076%	9,785,422	5.076%