Trondheim, 14 May 2022: Bente Avnung Landsnes, deputy chair and primary insider
of NORBIT ASA has on 13 May 2022 purchased 9,000 shares in NORBIT at an average
price of NOK 27.51438 per share.

Following the transaction, Landsnes owns 69 473 shares representing 0.1188 per
cent of the outstanding shares in NORBIT.

Please see the attached notification for persons discharging managerial
responsibilities in NORBIT in accordance with Regulation EU 596/2014 (MAR)
article 19.


For more information, please contact:
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 niches, 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 (PIR). The Oceans segment delivers tailored technology solutions
to global maritime markets. The Connectivity segment provides wireless solutions
for identification, monitoring and tracking. The PIR segment offers R&D
services, proprietary products, and contract manufacturing to key customers.
NORBIT is headquartered in Trondheim with manufacturing in Norway, has around
400 employees, and a worldwide sales and distribution platform.

For more information: www.norbit.com 

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