Norsk Titanium AS: Extraordinary General Meeting held and resolution to issue Tranche 2 shares

Oslo, 2 July 2026. Norsk Titanium AS (the "Company") completed an extraordinary
general meeting conducted digitally. 

All items on the agenda were resolved in accordance with the board of directors'
(the "Board") proposals, including i) the issuance of 129,539,800 new shares
(the "Tranche 2 Offer Shares") in connection with tranche 2 of the private
placement ("Tranche 2") announced on 18 June 2026, and ii) granting the Board an
authorization to increase the Company's share capital in connection with the
contemplated subsequent offering as announced on 18 June 2026. 

Following registration of the share capital increase in the Norwegian Register
of Business Enterprises pertaining to Tranche 2, the Company will have a share
capital of NOK 103,157,669.76 divided into 1,289,470,872 shares, each share
having a par value of NOK 0.08 and representing one vote in the Company's
general meeting.

The minutes from the extraordinary general meeting are enclosed hereto and will
also be made available on the Company's website (www.norsktitanium.com), in the
Investors section.

For further information, please contact: 

Anne Lene Gullen Bråten, VP Finance Norsk Titanium AS 
anne.lene.braten@norsktitanium.com 
+47 995 45 340

About Norsk Titanium:
Norsk Titanium is a global leader in metal 3D printing, innovating the future of
metal manufacturing by enabling a paradigm shift to a clean and sustainable
manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)
technology and installed production capacity to generate annual revenues of
approximately USD 300 million, Norsk Titanium offers cost-efficient 3D printing
of value-added metal parts to a large addressable market. RPD® technology uses
significantly less raw material, energy, and time than traditional
energy-intensive forming methods, presenting customers with an opportunity to
better manage input costs, logistics, and environmental impact. RPD® printed
parts are already flying on commercial aircraft, and Norsk Titanium has gained
significant traction with large defense and industrial customers.

For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.

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