NOD: Share Buyback Program

05 Feb 2026 07:15 CET

The Board of Directors of Nordic Semiconductor ASA has resolved to initiate a
share buyback program to be executed in accordance with the authorization
granted to the Board of Directors by the Annual General Meeting of Nordic
Semiconductor ASA held on May 5, 2025 (the “AGM”).

The share buyback program will be carried out in accordance with applicable laws
and regulations. The purpose of the program is to have available shares to
settle the Company’s obligations under its employee long-term equity linked
incentive programs, including delivery of shares under granted restricted stock
units (RSUs).

Key terms of the share buyback program include:

• Pursuant to the authorization granted by the AGM, the Board of Directors is
authorized to acquire up to 9.96% of the Company’s share capital. Under the
share buyback program resolved by the Board, the Company may acquire up to
900,000 shares, subject to a maximum total purchase amount of NOK 180 million.

• In accordance with the authorization from the AGM, the maximum price that can
be paid per share is NOK 350.

• The share buyback program will commence on February 5, 2026, and will end at
the latest at the Annual General Meeting in 2026.

• No shares may be bought at a price higher than the higher of the price of the
last independent trade or the highest current independent bid on Oslo Børs at
the time of the trade.

• The maximum number of shares that may be acquired on each trading day shall
not exceed 25% of the average daily trading volume of the Company’s shares on
Oslo Børs.

The Company has engaged an independent financial intermediary to execute the
share buybacks on behalf of the Company and at its own discretion within the
limits set by the program.

Transactions will be conducted in accordance with the Market Abuse Regulation
(EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052
("Safe Harbour Regulation"), as further set out in the Norwegian Securities
Trading Act of 2007 and the Oslo Stock Exchange’s Guidelines for buy-back
programs and price stabilization dated February 2021.

The Company will disclose transactions made under the share buyback program on a
weekly basis.

For questions:

Pål Elstad, Chief Financial Officer, Mobile: (+47) 99 166 293

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act and the Market Abuse Regulation.

This stock exchange announcement was published by Kine-Elena Reigstad, VP
International Finance, on February 5, 2026 at 07.15 CET.

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