Trondheim, 15 February 2024: In line with the dividend policy, the board of
directors has resolved to propose to the annual general meeting of NORBIT ASA,
that a dividend of NOK 2.55 per share should be paid for the fiscal year 2023.

The following key dates for the dividend are proposed by the board of directors:

Dividend amount: NOK 2.55 per share
Announced currency: NOK
Last day including right: 6 May 2024
Ex-date: 7 May 2024
Record date: 8 May 2024
Payment date: On or about 16 May 2024
Date of approval: 6 May 2024

For more information:
Per Jørgen Weisethaunet, CEO, +47 959 62 915
Per Kristian Reppe, CFO, +47 900 33 203

About NORBIT ASA
NORBIT is a global provider of tailored technology to selected applications,
solving challenges and promoting sustainability through innovative solutions, in
line with its mission to Explore More. The company is structured in three
business segments to address its key markets: Oceans, Connectivity and Product
Innovation & Realization. The Oceans segment delivers tailored technology
solutions to global maritime markets. The Connectivity segment provides wireless
solutions for identification, monitoring and tracking. The Product Innovation &
Realization segment offers R&D services, proprietary products, and contract
manufacturing to key customers. NORBIT is headquartered in Trondheim with
manufacturing in Europe, has around 500 employees, and a worldwide sales and
distribution platform.

For more information: www.norbit.com

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.