NORBIT - New registered share capital

30 Aug 2024 11:58 CEST

Trondheim, 30 August 2024: NORBIT ASA (the "Company") refers to the announcement
on 19 August 2024 and the share capital increase in relation to incentive
programs to employees.

The share capital increase was registered with the Norwegian Register of
Business Enterprises on 30 August 2024, and the Company's new registered share
capital is NOK 6,361,459.70, divided into 63,614,597 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 applications,
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. The Oceans segment delivers tailored technology
solutions to global maritime markets. The Connectivity segment provides wireless
solutions for identification, monitoring and tracking. The Product Innovation &
Realization segment offers R&D services, proprietary products, and contract
manufacturing to key customers. NORBIT is headquartered in   Trondheim with
manufacturing in Europe and North America, has around 500 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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