Oslo, Norway, 7 April 2021

Nordic Nanovector ASA (OSE: NANOV) announces that its Nomination Committee has
nominated Mrs Solveig Hellebust for election as a Non-executive Director at the
Company's Annual General Meeting on 28 April 2021.

The company also notes that Mrs Hilde Hermansen Steineger, PhD, who has served
as a Non-executive Director on the Board of Nordic Nanovector since November
2014 has, due to increased workload, responsibilities and other priorities,
decided not to stand for re-election at the upcoming AGM.

Mrs Hellebust has 20 years of business experience mainly in strategic human
resources organizational development functions for leading businesses in Norway.
She is currently Senior Vice President and Chief HR Officer at Yara
International ASA, a global agriculture company, and was previously Group
Executive Vice President People and Operations at DNB, Norway's largest
financial services group. She has also held roles at the biotech company
Pronova BioPharma ASA and at Telenor Group, the international telecommunications
group.

During Mrs Hellebust's career she has held Board roles at several organisations
and institutions in Norway, most recently as a Non-executive Director of
Finansnæringens Arbeidsgiverforening - Norway's Financial Industry Employers'
Association (April 2009 - June 2018). Previously, she has held Board roles at
Finanspersonell AS, Fafo Institute, Telenor Pension Fund, Norwegian Central Bank
and the Norwegian School of Management. She currently holds no directorships.

Mrs Hellebust is a Norwegian citizen and resides in Norway.

Jan H. Egberts, M.D., Chairman of Nordic Nanovector's Board of Directors, said:
"I welcome Solveig to the Board