Norsk Titanium AS — Director's Dealing 2022

Mar 3, 2022

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Canario
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities CEO
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Restricted Stock Units	(RSU) in connection with the company's long
	financial instrument, term incentive plan. Each vested RSU will give the holder the right
	type of instrument	to acquire one share in Norsk Titanium AS at an exercise price
		corresponding to the par value of the shares being NOK 0.08. The
		RSUs will vest on each of the first three anniversaries of the grant
		date.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of RSUs issued without consideration pursuant to Norsk
	transaction	Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	132,281
d)	Aggregated
	information
	Aggregated volume	132,281
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Canario
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities CEO
b)	Initial notification/ Amendment	This is an initial notification.
3	or auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4	conducted	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been
a)	Description of the financial instrument, type of instrument	Restricted Stock Units (RSU) in connection with the company's long term incentive plan. Each vested RSU will give the holder the right to acquire one share in Norsk Titanium AS at an exercise price corresponding to the par value of the shares being NOK 0.08. The RSUs will vest in full on 17 January 2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the transaction	Grant of RSUs issued without consideration pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and volume(s)	Price(s) NOK 0	Volume(s) 500,000
d)	Aggregated information
	Aggregated volume	500,000
	Aggregated price	NOK 0
e)	Date of the transaction	2022-01-17; 13:00 CEST
f)	Place of the transaction	Outside trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Canario
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities CEO
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares	in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK 0.08. Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to	Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	396,844
d)	Aggregated
	information
	Aggregated volume	396,844
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Carl Johnson
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities CTO
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Restricted Stock Units (RSU) in connection with the company's long term incentive plan. Each vested RSU will give the holder the right
	financial instrument,
	type of instrument	to acquire one share in Norsk Titanium AS at an exercise price
		corresponding to the par value of the shares being NOK 0.08. The RSUs will vest rateably on each of the first three anniversaries of the grant date.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of RSUs issued without consideration pursuant to Norsk
	transaction	Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	138,989
d)	Aggregated
	information
	Aggregated volume	138,989
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Carl Johnson
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		CTO
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term incentive plan. Each vested performance share will give the holder the right to acquire one share in Norsk Titanium AS at an exercise price corresponding to the par value of the shares being NOK 0.08. Vesting is subject to achievement of financial or other measures.
	financial instrument,
	type of instrument
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	83,387
d)	Aggregated
	information
	Aggregated volume	83,387
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f) Place of the Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gail A. Balcerzak
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities General Counsel
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
	type of instrument	to acquire one share in Norsk Titanium AS at an exercise price
		corresponding to the par value of the shares being NOK 0.08. The RSUs will vest rateably on each of the first three anniversaries of the grant date.
	Identification code
b)	Nature of the	ISIN for the shares of Norsk Titanium AS: NO0010969108
	transaction	Grant of RSUs issued without consideration pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	55,558
d)	Aggregated information
	Aggregated volume	55,558
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
f)	transaction Place of the	Outside trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gail A. Balcerzak
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		General Counsel
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK 0.08.
		Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	166,674
d)	Aggregated
	information
	Aggregated volume	166,674
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

a) Name Nicholas Mayer 2 Reason for the notification a) Position/status Person discharging managerial responsibilities VP Commercial b) Initial notification/ This is an initial notification. Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name NORSK TITANIUM AS b) LEI 549300Y0QTPZ5SDVSM33 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on each of the first three anniversaries of
the grant date.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s)
NOK 0 187,759
d) Aggregated
information
Aggregated volume 187,759
Aggregated price NOK 0
e) Date of the 2022-01-17; 13:00 CEST
transaction
f) Place of the Outside trading venue
transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nicholas Mayer
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Commercial
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK 0.08.
		Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	142,501
d)	Aggregated
	information
	Aggregated volume	142,501
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Odd Terje Lium
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Engineering
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Restricted Stock Units (RSU) in connection with the company's long
	financial instrument,	term incentive plan. Each vested RSU will give the holder the right
	type of instrument	to acquire one share in Norsk Titanium AS at an exercise price
		corresponding to the par value of the shares being NOK 0.08. The
		RSUs will vest rateably on each of the first three anniversaries of
		the grant date.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of RSUs issued without consideration pursuant to Norsk
	transaction	Titanium AS' long term incentive program.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 0	67,012
d)	Aggregated
	information
	Aggregated volume	67,012
	Aggregated price
e)	Date of the	NOK 0
	transaction	2022-01-17; 13:00 CEST
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Odd Terje Lium
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Engineering
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK 0.08.
		Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	103,155
d)	Aggregated
	information
	Aggregated volume	103,155
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Eaton
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Operations
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Restricted Stock Units (RSU) in connection with the company's long
	financial instrument,	term incentive plan. Each vested RSU will give the holder the right
	type of instrument	to acquire one share in Norsk Titanium AS at an exercise price
		corresponding to the par value of the shares being NOK 0.08 The
		RSUs will vest rateably on each of the first three anniversaries of
		the grant date.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of RSUs issued without consideration pursuant to Norsk
	transaction	Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	62,762
d)	Aggregated
	information
	Aggregated volume	62,762
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Eaton
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Operations
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK 0.08.
		Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	119,053
d)	Aggregated
	information
	Aggregated volume	119,053
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

a) Name Anne Lene Gullen Bråten 2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Director Finance
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
	corresponding to the par value of the shares being NOK 0.08. The
	RSUs will vest rateably on each of the first three anniversaries of
	the grant date.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk transaction Titanium AS' long term incentive program.
c) Price(s) and
Price(s) Volume(s) volume(s)
NOK 0 29,601
d) Aggregated
information
Aggregated volume 29,601
Aggregated price NOK 0
e) Date of the 2022-01-17; 13:00 CEST
transaction
f) Place of the Outside trading venue
transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Anne Lene Gullen Bråten
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		Director Finance
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK	0.08.
		Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	43,545
d)	Aggregated
	information
	Aggregated volume	43,545
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ashar A. Ashary
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Finance
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Restricted Stock Units (RSU) in connection with the company's long
	financial instrument,	term incentive plan. Each vested RSU will give the holder the right
	type of instrument	to acquire one share in Norsk Titanium AS at an exercise price
		corresponding to the par value of the shares being NOK 0.08. The
		RSUs will vest rateably on each of the first three anniversaries of
		the grant date.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of RSUs issued without consideration pursuant to Norsk
	transaction	Titanium AS' long term incentive program.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 0	87,387
d)	Aggregated
	information
	Aggregated volume	87,387
	Aggregated price	NOK 0
e)	Date of the transaction	2022-01-17; 13:00 CEST
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ashar A. Ashary
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Finance
b)	Initial notification/	This is an initial notification.
	Amendment
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer
	or auction monitor
a)	Name	NORSK TITANIUM AS
b)	LEI	549300Y0QTPZ5SDVSM33
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
		each type of transaction; (iii) each date; and (iv) each place where transactions have been
	conducted
a)	Description of the	Performance shares in connection with the company's long term
	financial instrument,	incentive plan. Each vested performance share will give the holder
	type of instrument	the right to acquire one share in Norsk Titanium AS at an exercise
		price corresponding to the par value of the shares being NOK 0.08.
		Vesting is subject to achievement of financial or other measures.
		The number of Performance Shares that vest will be decided by the
		board of directors after year end 2024 with vesting on 17 January
		2025.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Grant of performance shares issued without consideration
	transaction	pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	136,768
d)	Aggregated
	information
	Aggregated volume	136,768
	Aggregated price	NOK 0
e)	Date of the	2022-01-17; 13:00 CEST
	transaction
f)	Place of the	Outside trading venue
	transaction