Updated key information relating to the repair issue to be carried out by Nordic Unmanned ASA

20 Jan 2023 14:03 CET

20.1.2023 14:03:33 CET | Nordic Unmanned | Additional regulated information
required to be disclosed under the laws of a member state

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN CANADA,
JAPAN, AUSTRALIA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH
RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES
NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement published on 7 December
2022 by Nordic Unmanned ASA ("Nordic Unmanned" or the "Company") (ticker: NUMND)
announcing the successfully placed private placement of new shares in the
Company, with gross proceeds of approximately NOK 70 million (the "Private
Placement"), and that the stock exchange announcement published on 20 January
2023 regarding a reduction of the size of the subsequent offering of directed
towards eligible shareholders (the "Subsequent Offering"), in which the Company
announced that the Subsequent Offering will consist of an offering of up to
8,333,333 new shares in the Company with gross proceeds of up to approximately
NOK 50 million.

Please see below for updated key information regarding the Subsequent Offering,
replacing the key information published on 8 December 2022.

Key information:

The date on which the terms and conditions of the repair issue were announced: 7
December 2022, as adjusted on 20 January 2023.

Last day including right: 7 December 2022

Ex-date: 8 December 2022

Record date: 9 December 2022

Date of approval: EGM held on 22 December 2022

Maximum number of new shares: 8,333,333

Subscription price: NOK 6 per share

Other information: The Subsequent Offering is conditional on the Board resolving
to carry out the Subsequent Offering. Launch of a Subsequent Offering, if
carried out, is also contingent on publishing of a prospectus. Further
description of the Subsequent Offering and the terms and other circumstances
that must be taken into consideration when subscribing for shares will be
announced later.

DISCLOSURE REGULATION

This information is published in accordance with the requirements of the
Continuing Obligations and section 5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com
* Trond Østerhus, CFO, +47 95 99 08 79, to@nordicunmanned.com

ABOUT NORDIC UNMANNED

Nordic Unmanned is a global provider of high-end drone and data capture products
and services, has operational experience from many countries across several
continents, and holds industry-leading expertise, Nordic Unmanned supports
governmental and industrial clients in the adaption and deployment of unmanned
systems and services.

Founded in Norway in 2014, the Group has offices in Sandnes (NO), Molde (NO),
Odense (DK), Cranfield (UK), Hasselt (BE), Arnsberg (GER), and Baltimore (US).
Nordic Unmanned has one of the world's most comprehensive permits to fly beyond
visual line of sight (BVLOS), through its EASA-approved Light UAS operator
Certificate (LUC).

The Group is an Original Equipment Manufacturer (OEM) for the drone product
lines Staaker, AirRobot, and DroneMatrix, and is also world-leading in the
collection of vessel emission data. It is ISO 9001-2015 and AS9100 certified for
the operation, maintenance, sale, design, development, and production of
unmanned systems and sensor technology.

For more information visit - https://nordicunmanned.com/

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847587/2043/2725/Download%20announcement
%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

580503_en_Download announcement as PDF.pdf