Oslo, Norway, 16 September 2025: Reference is made to the stock exchange
announcement by Norsk Titanium AS (the "Company") on 9 September regarding the
resolution by the board of directors of the Company to issue 105,553,600 new
shares ("New Shares") in tranche 2 of the private placement announced by the
Company on 21 August 2025 (the "Private Placement"), pursuant to the board
authorization granted by the extraordinary general meeting on 5 September 2025. 
The New Shares shall be used for re-delivery of shares under the share lender
agreement entered into by and between the Company, its shareholder Scatec
Innovation AS as share lender and Arctic Securities AS and Pareto Securities AS
as managers in Private Placement. 

The share capital increase in connection with the issuance of the New Shares has
today been registered in the Norwegian Register of Business Enterprises. The
Company's new registered share capital is NOK 78,937,850.08 divided into
986,723,126 shares, each share having a par value of NOK 0.08 and carrying one
vote in the Company's general meeting.

Please see the enclosed form for further details pursuant to article 19 of the
EU Market Abuse Regulation.
For more information, please contact: 

John Andersen, Chairman of Norsk Titanium AS 
Email: John.Andersen@scatec.no 
Tel: +47 90 17 40 80 

Ashar Ashary, CFO Norsk Titanium AS 
Email: Ashar.Ashary@norsktitanium.com 
Tel: +1 518 556 8966

This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Growth Oslo, section
5-12 of the Norwegian Securities Trading Act and article 19 of the EU Market
Abuse Regulation. 

About Norsk Titanium AS:
Norsk Titanium is a global leader in metal 3D printing, innovating the future of
metal manufacturing by enabling a paradigm shift to a clean and sustainable
manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)
technology and installed production capacity to generate annual revenues of
approximately USD 300 million, Norsk Titanium offers cost-efficient 3D printing
of value-added metal parts to a large addressable market. RPD® technology uses
significantly less raw material, energy, and time than traditional
energy-intensive forming methods, presenting customers with an opportunity to
better manage input costs, logistics, and environmental impact. RPD® printed
parts are already flying on commercial aircraft, and Norsk Titanium has gained
significant traction with large defense and industrial customers. 

For the latest news, go to www.norsktitanium.com or follow the Company on
LinkedIn.com.