Reference is made to the stock exchange announcement made by Nordic Nanovector
ASA ("Nordic Nanovector" or the "Company") on 28 June whereby it was disclosed
that the Company's annual general meeting resolved (the "AGM"), among other
things, an extraordinary compensation to the Company's former chairman of the
board of directors, Jon Magne Asmyr, and former board member Tina Bønsdorff,
with settlement in the form of new shares in the Company, and the approval of a
restricted share units program. 

Pursuant to a board authorization granted by the AGM which was registered in the
Norwegian Register of Business Enterprises on 30 June 2023, the Company's board
of directors has today resolved to issue 734,205 new shares in the Company
towards the two former board members, of which 229,345 new shares have been
issued to Tina Bønsdorff at a subscription price of NOK 0.71944 and 416,990 new
shares have been issued to Jon Magne Asmyr at a subscription price of NOK
0.71944, and 87,870 shares have been issued to Jon Magne Asmyr at a subscription
price of NOK 2.27607. The share deposit for the new shares have been settled by
conversion of debt established by the AGM.

At the AGM, the shareholders approved the remuneration to the Company's current
board of directors whereby the board members were given the choice to receive
their remuneration, or a part thereof, for the period from the AGM to the annual
general meeting of 2024, in the form of restricted share units ("RSU"), as a
part of the Company's RSU program.

Each board member had the following three alternatives:

o	Receive 100 % of the board remuneration in the form of RSUs