Norsk Titanium Releases Annual Report 2023

24 April 2024: Norsk Titanium AS (“Norsk Titanium“) publishes its Annual Report for 2023 including the Board of Directors’ report, Sustainability report, Corporate Governance report, and Financial Statements and notes. The Annual Report was approved by the Board of Directors on 23 April 2024.

The report is attached to this release and is also made available on Norsk Titanium’s Investors web page.

Norsk Titanium Annual Report 2023

For more information, please contact:

Ashar Ashary Chief Financial Officer

ashar.ashary@norsktitanium.com

+1 (518) 556-896

About Norsk Titanium AS

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 700 MT of production capacity, 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.

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