Norsk Titanium AS — Director's Dealing 2023

Jan 17, 2023

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	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the transaction	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	29,062
d)	Aggregated information
	Aggregated volume Aggregated price	29,062 NOK 2,324.96
e)	Date of the transaction	2023-01-17; 16.00 CET
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/ 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 Identification code	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 rateably on 17 January 2024, 2025 and 2026. 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) 129,576
d)	Aggregated information Aggregated volume	129,576
	Aggregated price	NOK 0
e)	Date of the transaction	2023-01-17; 16.00 CET
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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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 0.08	388,729
d)	Aggregated
	information
	Aggregated volume	388,729
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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/ Amendment	This is an initial notification.
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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	28,280
d)	Aggregated
	information
	Aggregated volume	28,280
	Aggregated price	NOK 2,262.40
e)	Date of the	2023-01-17; 16.00 CET
	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/ 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 Identification code	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 rateably on 17 January 2024, 2025 and 2026. 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) 40,840
d)	Aggregated information Aggregated volume	40,840
	Aggregated price	NOK 0
e)	Date of the transaction	2023-01-17; 16.00 CET
f)	Place of the transaction	Outside trading venue

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
	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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	122,522
d)	Aggregated
	information
	Aggregated volume	122,522
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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
		Chief Legal and People Officer
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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	18,519
d)	Aggregated
	information
	Aggregated volume	18,519
	Aggregated price	NOK 1,481.52
e)	Date of the	2023-01-17; 16.00 CET
	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
		Chief Legal and People Officer
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 17 January 2024, 2025 and 2026.
	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	56,056
d)	Aggregated
	information
	Aggregated volume	56,056
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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
		Chief Legal and People Officer
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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	168,079
d)	Aggregated
	information
	Aggregated volume	168,079
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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	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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	38,203
d)	Aggregated
	information
	Aggregated volume	38,203
	Aggregated price	NOK 3,056.24
e)	Date of the	2023-01-17; 16.00 CET
	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/ 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 Identification code	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 rateably on 17 January 2024, 2025 and 2026. 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) 46,528
d)	Aggregated information Aggregated volume Aggregated price	46,528 NOK 0
e)	Date of the transaction	2023-01-17; 16.00 CET
f)	Place of the transaction	Outside trading venue

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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	139,586
d)	Aggregated
	information
	Aggregated volume	139,586
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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. T
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	22,336
d)	Aggregated
	information
	Aggregated volume	22,336
	Aggregated price	NOK 1,786.88
e)	Date of the	2023-01-17; 16.00 CET
	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 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 17 January 2024, 2025 and 2026.
	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	29,410
d)	Aggregated
	information
	Aggregated volume	29,410
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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	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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	88,231
d)	Aggregated
	information
	Aggregated volume	88,231
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	12,770
d)	Aggregated
	information
	Aggregated volume	12,770
	Aggregated price	NOK 1,021.60
e)	Date of the	2023-01-17; 16.00 CET
	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 17 January 2024, 2025 and 2026.
	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	42,575
d)	Aggregated
	information
	Aggregated volume	42,575
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	127,725
d)	Aggregated
	information
	Aggregated volume	127,725
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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	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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	5,349
d)	Aggregated
	information
	Aggregated volume	5,349
	Aggregated price	NOK 427.92
e)	Date of the	2023-01-17; 16.00 CET
	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	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 17 January 2024, 2025 and 2026.
	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	14,372
d)	Aggregated
	information
	Aggregated volume	14,372
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	43,117
d)	Aggregated
	information
	Aggregated volume	43,117
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	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
		Chief Financial Officer
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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	29,128
d)	Aggregated
	information
	Aggregated volume	29,128
	Aggregated price	NOK 2,330.24
e)	Date of the	2023-01-17; 16.00 CET
	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 Chief Financial Officer
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 Identification code	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 rateably on 17 January 2024, 2025 and 2026. 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) 49,362
d)	Aggregated information Aggregated volume Aggregated price	49,362 NOK 0
e)	Date of the transaction	2023-01-17; 16.00 CET
f)	Place of the transaction	Outside trading venue

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
		Chief Financial Officer
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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	148,087
d)	Aggregated
	information
	Aggregated volume	148,087
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Khazeem Adesokan
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Quality
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.
	Identification code	ISIN for the shares of Norsk Titanium AS: NO0010969108
b)	Nature of the	Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
	transaction	incentive program.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0.08	54,588
d)	Aggregated
	information
	Aggregated volume	54,588
	Aggregated price	NOK 4,367.04
e)	Date of the	2023-01-17; 16.00 CET
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Khazeem Adesokan
2		Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Quality
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 17 January 2024, 2025 and 2026.
	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	38,173
d)	Aggregated
	information
	Aggregated volume	38,173
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	transaction
f)	Place of the	Outside trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Khazeem Adesokan
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities
		VP Quality
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.
	Identification code	The number of Performance Shares that vest will be decided by the
		board of directors after year end 2025 with vesting on 17 January
		2026.
		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	114,520
d)	Aggregated
	information
	Aggregated volume	114,520
	Aggregated price	NOK 0
e)	Date of the	2023-01-17; 16.00 CET
	transaction
f)	Place of the	Outside trading venue
	transaction