NOD: Final share transfer related to acquisition of Mobile Semiconductor

10 Apr 2026 10:35 CEST

Reference is made to the stock exchange notice published by Nordic Semiconductor
ASA (OSE: NOD) on July 8, 2022 regarding the acquisition of Mobile Semiconductor
Inc., and the subsequent closing announcement on March 9, 2023.

As disclosed in the closing notice, part of the purchase consideration was
settled in shares in Nordic Semiconductor ASA. Of the total 312,843 shares
allocated as consideration, 94,495 shares were withheld and subject to certain
conditions for a period of up to three years.

A portion of the withheld shares was released in 2024. The remaining conditions
have now been met, and Nordic Semiconductor ASA has therefore transferred the
final 69,520 shares to eligible shareholders of Mobile Semiconductor Inc.

Following this transfer, all share-based consideration related to the
acquisition of Mobile Semiconductor Inc. has been fully settled.

For further information, please contact: Pål Elstad, CFO
pal.elstad@nordicsemi.no
+47 99 16 62 93

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities
Trading Act § 5-12.

This stock exchange announcement was published by Kine-Elena Reigstad, VP
International Finance, Nordic Semiconductor ASA, on April 10, 2026, at 10:35
CEST.

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