Oslo, Norway ,26 January 2024 : Reference is made to the stock exchange announcement byNorsk Titanium AS (the "Company") on19 January 2024 regarding the transfer of 76,334,916 shares fromNorsk Titanium Cayman Ltd. toWhite Crystals Ltd. , representingWhite Crystals Ltd.'s pro rata portion of the Company's common shares owned byNorsk Titanium Cayman Ltd. The transaction was completed today, on26 January 2024 .Norsk Titanium Cayman Ltd. is a legal person closely associated with Shan E-Abbas Ashary andBart van Aalst , who are both board members ofNorsk Titanium Cayman Ltd. , and also board members of Norsk Titanium. Attached is the notification of the transaction in accordance with the Market Abuse Regulation Article 19. For more information, please contact:John Andersen , Chairman ofNorsk Titanium AS Email: John.Andersen@scatec.no Tel: +47 90 17 40 80Carl Johnson , President & CEONorsk Titanium AS Email: Carl.Johnson@norsktitanium.com Tel: +1 518 324 4010Ashar Ashary , CFO Norsk Titanium AS Email: Ashar.Ashary@norsktitanium.com Tel: +1 518 556 8966 This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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