Oslo, Norway - 2 June 2026 - Norsk Titanium has signed a new Cooperation &
Research Agreement (CRA) with Airbus, marking another milestone in the
industrialization and qualification of Norsk Titanium's proprietary Rapid Plasma
Deposition® (RPD®) technology for high-criticality structural titanium parts.

"Together with the recent FAA certification of the Lower Frame Fitting for the
Airbus A350, this represents an additional endorsement of our RPD® technology
and another step toward expanding the adoption across commercial aircraft
programs", says Fabrizio Ponte, CEO of Norsk Titanium.

The Lower Frame Fitting is the largest and highest classification additively
manufactured component to be certified by EASA and FAA for an aerostructure in
commercial aerospace. It is in series production at Norsk-Titanium's Plattsburgh
Production Facility and first flew on an A350 in 2026.

Under the CRA, Norsk Titanium and Airbus will jointly mature the RPD® technology
for more potential applications on fatigue critical structural elements. The
collaboration will focus on technical qualification of titanium wire, industrial
process validation, and the standardization of these innovations in accordance
with Airbus specifications.

Norsk Titanium will interface with Airbus DED project team to ensure
coordination across all essential functions, from Engineering and Airworthiness
to operational implementation at the Saint Eloi and Varel plants. By engaging
across the global Airbus organisation, this agreement establishes a framework
for standardizing materials and manufacturing processes for long-term production
use across Airbus' aircraft programs. This integration brings RPD® into the core
of Airbus' material, process and industrial standards, paving the way for
broader adoption and future innovation.

The collaboration is structured around four key work packages centered on
technology scaling, material and process qualification, and material expansion
behind titanium.

This new agreement complements the Master Supply Agreement signed with Airbus
Aerostructures in 2024 to support A350 production, and the collaboration with
Airbus' facility in Varel, Germany, to jointly develop and document the directed
energy deposition (DED) process for Norsk Titanium's RPD® technology. Today's
engagement broadens the relationship into a comprehensive industrialization and
qualification partnership.

"Industrialization takes time, but the direction of travel is clear. Working
together with Airbus, we are building the foundation for RPD® to serve the
industry at scale and to deliver the cost, lead-time and material savings that
the aerospace industry requires", says Ponte.

For more information, please contact:
Fabrizio Ponte, President and CEO of Norsk Titanium
Email: Fabrizio.ponte@norsktitanium.com
Tel: +1 404 426 2270

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

About Norsk Titanium:
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.

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