Nordic Unmanned ASA

Transaction in Own Shares • Jan 22, 2021

Options exercised and mandatory notification of trade

Options exercised and mandatory notification of trade

22.1.2021 15:59:28 CET | Nordic Unmanned | Mandatory notification of trade

primary insiders

Participants in the Company's share option program have on 19 January 2021

exercised a total number of 67,000 share option at a strike price of NOK 5.00.

Out of the total number of exercised share options, 15,000 share options are

exercised by the following primary insiders:

Primary insider Knut Roar Wiig (CEO) has on 19 January 2021 exercised a total

number of 5,000 share options at a strike price of NOK 5.00. The share options

were granted to Wiig in December 2019 as an option scheme program for 1.

Generation employees. After the transaction Wiig directly and through his

company Skaulen AS hold 2,502,894 shares and 315,000 share options in the

Company.

Primary insider Lars A. Landsnes (COO) has on 19 January 2021 exercised a total

number of 5,000 share options at a strike price of NOK 5.00. The share options

were granted to Landsnes in December 2019 as an option scheme program for 1.

Generation employees. After the transaction Landsnes directly and through his

company Ullestad AS hold 169,369 shares and 245,000 share options in the

Company.

Primary insider Alexander Hatlestad has on 19 January 2021 exercised a total

number of 5,000 share options at a strike price of NOK 5.00. The share options

were granted to Hatlestad in December 2019 as an option scheme program for 1.

Generation employees. After the transaction Landsnes directly and through his

company Drone Consult AS hold 68,101 shares and 5,000 share options in the

Company.

Resolution to increase the share capital

Following the exercise of share options on 19 January 2021, the Company's Board

of Directors, pursuant to an authorisation granted by the Company's Annual

General Meeting on 24 November 2020, have decided to increase the Company's

share capital with NOK 67.000 by issuing 67,000 new shares, each share of par

value NOK 1.00. Subsequent to the transaction, the Company's share capital will

be NOK 20,187,032 divided into 20,187,032 shares, each with a nominal value of

NOK 1.00 and each giving one vote at the Company's general meeting. The capital

increase will result in gross proceeds of NOK 355,000.

DISCLAIMER

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com

ABOUT NORDIC UNMANNED

Nordic Unmanned delivers comprehensive data solutions through industry leading

expertise, to assist both public and private customers in the transition to

unmanned technology. The focus is to support demanding clients by collecting

time-critical data with the use of unmanned technology.

Founded in 2014, the company has offices in Sandnes, Oslo, and Frankfurt, and

has quickly become one of Europe's leading providers of unmanned systems and

services, with operations across the continent.The company is ISO 9001-2015

certified by DNV-GL as a UAV and sensor operator.

For more information visit nordicunmanned.com [https://nordicunmanned.com/]

ATTACHMENTS

* Download announcement as PDF.pdf

[https://kommunikasjon.ntb.no/ir-files/17847587/268/309/Download%20announceme

nt%20as%20PDF.pdf]