NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,
ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE
"UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION
OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH
THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Correction: Number of Offer Shares in the Subsequent Offering

Oslo, Norway, 1 October 2025: Reference is made to the stock exchange
announcement by Norsk Titanium AS (the "Company") on 23 September 2025 regarding
the final results of a subsequent offering (the "Subsequent Offering") of
40,726,800 new shares in the Company (the "Offer Shares").

The registration of the share capital increase relating to the Subsequent
Offering has been completed with the Norwegian Register of Business Enterprises.
The Company's new registered share capital is NOK 82,195,994.08 divided into
1,027,449,926 shares, each share having a par value of NOK 0.08 and carrying one
vote in the Company's general meeting.

The Offer Shares are expected to be issued and registered in the Norwegian
Central Securities Depository (VPS) and delivered to investors on or about 1
October 2025.
 
For more information, please contact: 
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 and section
5-12 of the Norwegian Securities Trading Act. 

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.