Norsk Titanium: Proposed Resolutions for the Annual General Meeting

Oslo, 8 May 2024: Reference is made to the stock exchange announcement by Norsk Titanium (the "Company") on 23 April 2024 regarding the notice of the annual general meeting in the Company to be held on 14 May 2024 at 15:00 hours (CEST).

In item 12 on the agenda, the board of directors has proposed an authorization for the board to issue shares to execute a Long-Term Incentive Program and other incentive programs. The number of shares in this proposal was incorrect in the notice. The correct number of shares comprised by the proposed resolution is up to 15,000,000 shares.

The Notice with the correct proposed resolutions is enclosed with this notification and available at the Company's website, Norsk Titanium Proposed Resolutions for the Annual General Meeting.

For further information, please contact:

Anne Lene Gullen Bråten
+47 995 45 340

About Norsk Titanium AS

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 700 MT of production capacity, 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