NORBIT - New registered share capital

08 Feb 2023 09:11 CET

Trondheim, 8 February 2023: NORBIT ASA (the "Company") refers to the
announcement on 1 February 2023 and the share capital increase in relation to
the acquisition of CPS AS as described therein. This share capital increase was
registered with the Norwegian Register of Business Enterprises on 2 February
2023, and the Company's new registered share capital is NOK 5,919,919.80,
divided into 59,199,198 shares, each with a par value of NOK 0.10.

For more information, please contact:
Per Jørgen Weisethaunet, CEO, +47 959 62 915
Per Kristian Reppe, CFO, +47 900 33 203

About NORBIT ASA
NORBIT is a global provider of tailored technology to selected niches, solving
challenges and promoting sustainability through innovative solutions, in line
with its mission to Explore More. The company is structured in three business
segments to address its key markets: Oceans, Connectivity and Product Innovation
& Realization (PIR). The Oceans segment delivers tailored technology solutions
to global maritime markets. The Connectivity segment provides wireless solutions
for identification, monitoring and tracking. The PIR segment offers R&D
services, proprietary products, and contract manufacturing to key customers.
NORBIT is headquartered in Trondheim with manufacturing in Norway, has around
450 employees, and a worldwide sales and distribution platform.

For more information: www.norbit.com

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

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