Nordic Mining ASA: Minutes of Extraordinary General Meeting

09 Feb 2026 17:21 CET

Oslo, 9 February 2026

Nordic Mining ASA (the "Company") (OSE ticker: NOM) has today held an
extraordinary general meeting ("EGM") as a virtual meeting with online
participation, as announced and called for on 19 January 2026.

All resolutions were passed in accordance with the proposals set out in the
notice of general meeting, including the increase of the Company's share capital
through the issuance of 7,500,001 new shares pursuant to tranche 2 ("Tranche 2")
of the private placement which was announced as successfully placed by the
Company on 16 January 2026 (the "Private Placement"), and the authorisation of
the Board of Directors to increase the share capital through the issuance of up
to 10,833,333 new shares in connection with the contemplated subsequent offering
following the Private Placement announced on 16 January 2026.

The general meeting further resolved to reduce the Company's share capital by
NOK 1,350,844,549.20 by reducing the nominal value of each share from NOK 12 to
NOK 1.20, conditional upon the implementation of the share capital increase in
connection with Tranche 2 of the Private Placement.

Tranche 2 of the Private Placement is expected to be settled on a delivery
versus payment (DVP) basis on or about 12 February 2026, with first day of
trading on Euronext Oslo Børs on or about 11 February, subject to handling time
for registration of the share capital increase relating to Tranche 2 in the
Norwegian Registry of Business Enterprises.

Reference is made to the stock exchange announcements published by the Company
on 16 January 2026 for more information regarding the Private Placement, the
capital reduction and the subsequent offering.

The minutes of the general meeting are attached to this notice and available on
the Company's website: https://www.nordicmining.com/investors/general-meetings/.

For further information, please contact:

Finn Ivar Marum, CEO

Tel: +47 982 06 339

finn.ivar.marum@nordicmining.com

or visit: https://nordicmining.com/

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

About Nordic Mining Nordic

Mining ASA is a resource company with focus on critical minerals. The Company is
undertaking a large-scale industrial development at Engebø on the west coast of
Norway through its wholly owned subsidiary, Engebø Rutile and Garnet AS, which
has mining rights and permits to a substantial eclogite deposit with rutile and
garnet.

In addition, the Group holds a landowner agreement for exploration and
development of a high purity quartz deposit in the Kvinnherad Municipality in
Norway and is currently conducting a test work program where bulk samples from
the deposit will be used for pilot scale processing of high purity quartz
product through a full cycle process. Nordic Mining's project portfolio is of
high international standards and holds significant economic potential. The
assets, and in particular the wholly owned Engebø Project, provide a solid value
basis for Nordic Mining's shareholders. Nordic Mining is listed on Oslo Stock
Exchange

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665197_Nordic_Mining_ASA_EGM_minutes.pdf