The Board of Directors of Nordic Semiconductor ASA has resolved to initiate a
share buyback program to be executed in accordance with the authorization
granted to the Board of Directors by the Annual General Meeting of Nordic
Semiconductor held on May 5, 2025 (the "AGM").

Reference is made to the stock exchange announcement by Nordic Semiconductor ASA
("Nordic" or "the Company") on June 24, 2025, regarding Nordic's acquisition of
Memfault Inc. As part of the acquisition, the three founders of Memfault - CEO
Francois Baldassari, CTO Chris Coleman and VP Developer Experience Tyler Hoffman
- will reinvest 30% of their share sale proceeds in Nordic Semiconductor shares,
totaling approximately USD 13 million. The purpose of the program is for
delivery of such shares to the founders of Memfault Inc.

The share buyback program will commence on July 2, 2025, and end no later than
July 31, 2025. Pursuant to the share buyback program, the Company will buy back
up to 1,003,634 shares for a maximum amount of NOK 351,271,900. No shares may be
bought at a price higher than the greater of the share price of the latest
independent trade or the highest current independent offer price at Oslo Børs at
the time of the trade. Additionally, the maximum number of shares that may be
purchased on each trading day will not exceed 25% of the average daily trading
volume of the Company for that day. 

Nordic has engaged DNB Carnegie, a part of DNB Bank ASA, to manage and carry out
the share repurchases in the market. DNB Carnegie will make its trading
decisions independently of, and uninfluenced by Nordic. 
 
The Company reserves the right to make subsequent changes to the above terms for
the program and will in such case make appropriate announcements in this
respect.
 
For further information, please contact:
Pål Elstad, CFO
Phone: +47 991 66 293

Ståle "Steel" Ytterdal, SVP IR
Phone: +47 930 37 430

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