Norsk Titanium AS — Director's Dealing 2025

Oct 6, 2025

NOTIFICATION OF TRANSACTIONS PURSUANT TO THE MARKET ABUSE REGULATION ARTICLE 19

1	Details ofthe person discharging managerial responsibilities/person closely associated
a)	Name	Fabrizio Ponte
2	Reason for the notification
a)	Position/status	Person discharging managerialresponsibilities
		Chief Executive 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 Share Units (PSUs). Each vested PSU will give the
	financial instrument,	holder the right to acquire one share in Norsk Titanium AS at an
	type of instrument	exercise price corresponding to the par value of the shares being
		NOK 0.08. The PSUs will vest 31 December 2029, subject to the
		achievement of certain performance targets.
		ISIN for the shares of Norsk Titanium AS: NO0010969108
	Identification code
b)	Nature of the transaction	Grant of PSUs in connection with the incentive program of Norsk
		Titanium AS.
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	NOK 0	7,000,000
d)	Aggregated
	information
	Aggregated volume
	Aggregated price	7,000,000 NOK 0
e)	Date of the transaction	2025-10-06; 16.00 CEST
f)	Place of the transaction	Outside trading venue