Oslo, Norway, 25 November 2022

Nordic Nanovector ASA (OSE: NANOV) ("Nordic Nanovector" or the "Company") has
today launched a new dedicated area on its website (www.nordicnanovector.com)
with information in Norwegian for shareholders relating to its proposed merger
with APIM Therapeutics ("APIM").

The new area includes a recording of the webcast and Question & Answer session,
which was held for interested parties, including shareholders, on 24 November.
During the webcast, shareholders were provided with a more-detailed presentation
of the proposed merger with APIM and were given the opportunity to ask their
specific questions regarding the merger plans.

Malene Brondberg, Interim CEO and CFO of Nordic Nanovector, says: "We are happy
that so many shareholders attended the webcast we hosted yesterday, where we
provided more background on the proposed merger with APIM Therapeutics. After a
week of highly productive meetings between the Nordic Nanovector and APIM teams,
our confidence in a merged company is even stronger than before. Our largest
shareholder Folketrygdfondet confirms that it supports the Board's proposal. We
are certain that there is no better alternative, and we encourage all
shareholders to vote in favour of the merger proposal."

The proposed merger, which is backed by the Boards of Directors of both
companies, is the result of an extensive review conducted by Nordic Nanovector
in conjunction with Carnegie Investment Bank ("Carnegie") that explored a range
of strategic options for the Company. This review included carefully evaluating
a potential stand-alone strategy for Nordic Nanovector, which was deemed not to
be a viable option by the Board.

After evaluating 25 possible merger and acquisition opportunities, the Company
determined that the merger transaction with APIM represents the best and most
exciting opportunity for all of Nordic Nanovector's shareholders given, among
other things, the significant and broad potential of ATX-101, a novel anti
-cancer peptide currently in Phase 2 trials. In addition, the combined company
will have the discovery and development expertise to potentially generate
multiple value-enhancing new drug candidates from its technology platforms.

How to register for the general meeting

Shareholders wishing to attend the general meeting must register no later than
29 November 2022 at 16:00 hours (CET). Shareholders can attend in person, by
proxy or by casting advance votes. The deadline is the same for proxies and
advance votes as personal attendance. Until the deadline, votes already cast may
be changed or withdrawn.


Electronic registration of attendance, proxies and advance voting is easily
available through the link posted at the Company's website:
www.nordicnanovector.com. An individual ref. no. and PIN-code required to access
the service have been sent to all shareholders with known address.

Registration of personal attendance and proxies can also be made by mail to
Nordea Bank Abp, Norwegian branch, Issuer Services, P.O. Box 1166 Sentrum, N
-0107 Oslo, Norway, or e-mail to: nis@nordea.com within the deadline. No ref.
no. and PIN-code is required for registration by mail or e-mail.

The form of registration of attendance (in person or by proxy) is attached with
the notice as made available on Nordic Nanovector's website and on the company's
ticker on newsweb.no

Advisers

Carnegie Investment Bank is acting as financial advisor to Nordic Nanovector.
Advokatfirmaet Selmer AS is acting as legal advisor to Nordic Nanovector and
KPMG AS assisted Nordic Nanovector with financial due diligence and a fairness
opinion of the exchange ratio.

Advokatfirmaet Schjødt AS is acting as legal advisor to APIM. The valuation of
APIM Therapeutics was conducted by Venture Valuation AG, which has now agreed to
be identified.

Contacts

Jan H. Egberts, Chairman of Nordic Nanovector

+31 614672518

janegberts@aol.com

Malene Brondberg, Interim CEO and CFO of Nordic Nanovector

+ 44 7561 431 762

ir@nordicnanovector.com

International Media - Frazer Hall / Mark Swallow (MEDiSTRAVA Consulting)

+44 203 928 6900

nordicnanovector@medistrava.com

Media in Norway - Stein Jacob Frisch (Lilleby Frisch)

+47 916 10 911

sjf@lillebyfrisch.no

About Nordic Nanovector

Nordic Nanovector is committed to develop and deliver innovative therapies to
patients to address major unmet medical needs and advance cancer care. The
Company's pipeline includes:

  · Betalutin® and Humalutin®, both CD37-targeting radioimmunotherapies
incorporating the beta emitter lutetium-177 to treat non-Hodgkin's lymphoma
(NHL)