CrayoNano NOTC press release

12 Sep 2024 12:14 CEST

Reference is made to CrayoNano´s press release on NOTC today. Nordic Technology
Group AS (NTG) has a financial holding of around 14,9% in CrayoNano AS. The
management and board of directors in CrayoNano with advisors have explored
various options to address and stabilize CrayoNano´s operational and financial
challenges in a difficult market. Depending on the outcome, NTG will consider
the need for writing down the investment in CrayoNano AS. The potential write
down will not have any cash effect on NTG´s operations.
For further information, please contact:

Rune Rinnan
Chief Executive Officer
E-mail: rune.rinnan@ntechgroup.no
About Nordic Technology Group

Nordic Technology Group (NTG) is dedicated to technologies contributing to solve
society challenges by using electronics and software as its building blocks. By
devotion to its technology segments, sensor, nanomaterials and clean-tech, NTG
is targeting international markets and building industry leaders, by utilizing
synergies within and across each of its technology sectors and by leveraging on
its extensive patent library to secure shareholder value and growth.

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