Thor Medical - Issuance of RSU shares to members of the board

11 Nov 2025 23:15 CET

11.11.2025 23:15:10 CET | Thor Medical ASA | Mandatory notification of trade
primary insiders

Reference is made to the stock exchange announcement made by Thor Medical ASA,
the "Company") on 21 April 2024 regarding grant of restricted share units
("RSU") to the members of the board.

The Company's board of directors has today resolved to issue 1,090,974 new
shares in the Company pursuant to the RSU-program. Current board members, John
Andersen and Mimi Kristine Berdal, have each been issued 344,518 new shares.
John Andersen has agreed to transfer all 344,518 shares to Scatec Innovation AS,
where John Andersen is the CEO, a close associate of a primary insider of the
Company.



Notifications of the transaction in accordance with the Market Abuse Regulation
Article 19 are attached with this announcement.

CONTACTS

* Brede Ellingsæter, CFOO, Thor Medical ASA, +47 472 38 440,
brede.ellingseter@thormedical.com

ABOUT THOR MEDICAL ASA

Thor Medical is an emerging supplier of radionuclides, primarily alpha particle
emitters, from naturally occurring thorium. Its proprietary production process
requires no irradiation or use of nuclear reactors, and provides reliable,
environmentally friendly, cost-efficient supply of alpha-emitters for the
radiopharmaceutical industry. Thor Medical is headquartered in Oslo, Norway and
listed on the Oslo Stock Exchange under the ticker symbol 'TRMED'.

To learn more, visitwww.thormedical.com - https://www.thormedical.com.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848634/18716187/6556/Download%20announce
ment%20as%20PDF.pdf

20251111 - TRMED - MAR forms RSU share issue 2025.pdf -
https://kommunikasjon.ntb.no/ir-files/17848634/18716187/6554/20251111%20-%20TRME
D%20-%20MAR%20forms%20RSU%20share%20issue%202025.pdf

20251111 - TRMED - MAR forms Scatec Innovations_John Andersen RSU share
transfer.pdf -
https://kommunikasjon.ntb.no/ir-files/17848634/18716187/6555/20251111%20-%20TRME
D%20-%20MAR%20forms%20Scatec%20Innovations_John%20Andersen%20RSU%20share%20trans
fer.pdf

More information:
Access the news on Oslo Bors NewsWeb site

659363_Download announcement as PDF.pdf
659363_20251111 - TRMED - MAR forms Scatec Innovations_John Andersen RSU share transfer.pdf
659363_20251111 - TRMED - MAR forms RSU share issue 2025.pdf