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NORBIT – New registered share capital

Trondheim, 25 July 2022: NORBIT ASA (the “Company”) refers to the announcement made on 4 July 2022 regarding a share issue in connection with incentive share purchase programs to employees. The share capital increase related to the share issue has now been registered in the Norwegian Register of Business Enterprises. The Company’s new share capital is NOK 5,890,113.90, divided into 58,901,139 shares, each with a par value of NOK 0.10.

For more information, please contact:

Per Jørgen Weisethaunet, CEO, +47 959 62 915

Per Kristian Reppe, CFO, +47 900 33 203


NORBIT is a global provider of tailored technology to selected niches, 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 (PIR). The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment providing wireless solutions for identification, monitoring and tracking. The PIR segment offers R&D services, proprietary products and contract manufacturing to key customers.

NORBIT is headquartered in Trondheim with manufacturing in Norway, has around 400 employees and a worldwide sales and distribution platform

For more information: www.norbit.com

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