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NORBIT ASA – Mandatory notification of trade by primary insider

Bente Avnung Landsnes, board member and primary insider of NORBIT ASA has on 25 May 2020 purchased 11,000 shares in NORBIT at an average price of NOK 13.46 per share.

Following the transaction, Landsnes owns 50,473 shares, representing 0.09 per cent of the outstanding shares in NORBIT.

For more information, please contact:

Charlotte Knudsen, IR and Communications, +47 9756 1959

NORBIT is a global provider of tailored technology to carefully selected niches. The company’s business is structured to address its key markets; Oceans, targeting the global maritime markets, Intelligent Traffic Systems (ITS), offering connectivity solutions for truck applications, and Product Innovation and Realization (PIR), with in-house multidisciplinary R&D and manufacturing.

NORBIT is headquartered in Trondheim, Norway, with manufacturing facilities in Selbu and Røros, Norway and 12 offices and subsidiaries around the world.

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