Updated Company Presentation in Connection with Rights Issue Roadshow

Jan 16, 2024: Norsk Titanium’s President & CEO, Carl Johnson and CFO, Ashar Ashary, will be hosting meetings with investors and shareholders this week in Oslo. In addition, there will be a group investor meeting at 12.00 CET on Wednesday, 17 January at the offices of Carnegie. Investors wishing to attend can register by sending an email to corporateaccess@carnegie.no.

Norsk Titanium continues to focus on its top priorities to transition parts into production with a target to achieve USD 15-20 million in revenue in 2024. On the path to reaching its long-term revenue targets in 2026 of USD 150 million, Norsk Titanium has:

Qualified machine and RPD® process for Airbus production
Established specifications with major US Defense contractors and commenced testing of parts to transition to production
Received follow-on order from Hittech for continued production of the carrier trays

The presentation for the investor meetings is attached. For further information, please contact:

Ashar A. Ashary, CFO

ashar.ashary@norsktitanium.com

+1 (518) 556-8966

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

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