Agreement for a new NOK 155 million order for GNSS On-Board Unit deliveries

22 May 2026 18:26 CEST

NORBIT today announces that its segment Connectivity has entered into an
agreement regarding a new order for deliveries to the leading European
Electronic Toll Service (EETS) provider Toll4Europe of GNSS On-Board Units.

Deliveries are scheduled to commence in third quarter. The total order is
estimated to around NOK 155 million.

"We are grateful for the continued trust from Europe's leading tolling service
provider. This repeat order reflects the strength of our long-term partnership",
says Per Jørgen Weisethaunet CEO of NORBIT.

For further queries, please contact:
Per Jørgen Weisethaunet, CEO, +47 959 62 915
Per Kristian Reppe, CFO, +47 900 33 203

About NORBIT ASA
NORBIT is a global provider of tailored technology to selected applications,
solving challenges and promoting sustainability through innovative solutions, in
line with its mission to Explore More. The company is structured in three
business segments to address its key markets: Oceans, Connectivity and Product
Innovation & Realization. The Oceans segment delivers tailored technology
solutions to global maritime markets. The Connectivity segment provides wireless
solutions for identification, monitoring and tracking. The Product Innovation &
Realization segment offers R&D services, proprietary products, and contract
manufacturing to key customers. NORBIT is headquartered in Trondheim with
manufacturing in Europe and North America, has around 700 employees, and a
worldwide sales and distribution platform.

For more information: www.norbit.com (http://www.norbit.com)

This stock exchange release contains inside information as defined in the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Securities Trading Act.

The information was submitted for publication by Elise Heidenreich, Investor
Relations, at NORBIT ASA, on 22 May 2026 at 18:25 CEST.

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