Norsk Titanium: Notice of Extraordinary General Meeting

03 Apr 2023 16:30 CEST

3 April 2023: Reference is made to the stock exchange announcement by Norsk
Titanium on 30 March 2023 announcing that the company has carried out a private
placement of shares. The private placement is settled with borrowed shares for
which redelivery is subject to approval by the general meeting. Further, the
Board of Directors is proposing an authorization by the general meeting to
implement a subsequent repair offering.

Further to the above, the Board of Directors of Norsk Titanium AS has decided to
call for an Extraordinary General Meeting to be held virtually on 11 April 2023
at 16.00 CEST.

The notice with the Board’s proposal for resolutions are attached hereto.
Relevant documents referred to in the notice are also made available on
www.norsktitanium.com.

For further information, please contact:
Ashar Ashary, CFO
ashar.ashary@norsktitanium.com
+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 700 MT of production capacity, 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 us on LinkedIn.

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

More information:
Access the news on Oslo Bors NewsWeb site

587048_Norsk Titanium - Notice of EGM 11 April 2023 (english).pdf
587048_Norsk Titanium - Notice of EGM 11 April 2023 (norsk).pdf