Nordic Technology Group AS

Regulatory Filings • May 22, 2025

Hammertech AS Secures Follow-Up Order for two AquaField Mud Meters from Leading Automated Drilling Customer

Bergen, Norway – Hammertech AS, a subsidiary of Nordic Technology Group AS (NTG), is pleased to announce a follow-up order for two additional AquaField Mud Meters from a returning customer in the automated drilling domain in the Americas region. This repeat order marks a significant endorsement of Hammertech's technology and reflects the continued trust placed in the AquaField Mud Meter's performance and value by industry-leading operators.

Strengthening Customer Confidence in AquaField Technology

The repeat order follows the successful delivery and integration of the initial AquaField Mud Meter earlier this year. The customer's decision to expand their deployment underlines the meter's proven capabilities in enhancing drilling performance through accurate, real-time measurement of fluids and solids. In a domain where reliability and operational insights are paramount, Hammertech's technology stands out as a critical enabler of safe, efficient, and automated drilling operations.

Kaare Lunde, CEO of Hammertech AS, commented:

"We are very pleased to see one of our new customers return with a follow-up order so soon after the initial deployment. This is a strong vote of confidence in the AquaField Mud Meter's real-world performance and its contribution to drilling optimization. Repeat orders are the clearest validation of our value proposition, and we're proud to support our customer's continued success."

Momentum Continues for AquaField Mud Meters

The follow-up order highlights the strong momentum behind Hammertech's AquaField Mud Meter as adoption grows within the automated drilling market. Building on this progress, the company expects continued demand and a healthy order pipeline throughout 2025.

For more information about AquaField Mud Meters and Hammertech's advanced flow metering solutions, please visit www.hammertech.no.

About Hammertech AS

Hammertech AS, a subsidiary of Nordic Technology Group AS (NTG), is a Norwegian company at the forefront of multiphase flow measurement innovation. Its flagship product, the AquaField Mud Meter, delivers reliable, real-time insights into drilling fluids and solids, empowering operators to make better-informed decisions and drive operational excellence.

For more information, please contact:

Group CEO Rune Rinnan

Chair Hammertech AS Mob. +47 900 56 028 rune.rinnan@ntechgroup.no www.ntechgroup.no

Kaare Lunde, CEO Hammertech AS

info@hammertech.no www.hammertech.no