Norsk Titanium AS — Capital/Financing Update 2023

Dec 14, 2023

Norsk Titanium AS: Notice of Extraordinary General Meeting

Norsk Titanium AS: Notice of Extraordinary General Meeting

Oslo, Norway, 14 December 2023: Reference is made to the stock exchange announcements published by Norsk Titanium AS on 4 December 2023 regarding a proposed partially underwritten rights issue of shares with preferential rights for existing shareholders.

Further to the above, the Board of Directors of Norsk Titanium AS has decided to call for an Extraordinary General Meeting to be held virtually on 9 January 2024 at 15.00 CET.

For more information, please contact:

Ashar Ashary, CFO Norsk Titanium AS

Email: Ashar.Ashary@norsktitanium.com

Tel: +1 518 556 8966

John Andersen, Chairman of Norsk Titanium AS

Email: John.Andersen@scatec.no

Tel: +47 90 17 40 80

Carl Johnson, President & CEO Norsk Titanium AS

Email: Carl.Johnson@norsktitanium.com

Tel: +1 518 324 4010

About Norsk Titanium:

Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and installed production capacity to generate annual revenues of approximately USD 300 million, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.

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