Oslo, Norway ,17 June 2024 : Reference is made to the stock exchange announcement byNorsk Titanium AS (the "Company") on10 June 2024 regarding the commencement of the first exercise period for the 164,519,363 warrants (the "Warrants") issued in connection with the Company' rights issue completed inFebruary 2024 . The Company has been notified thatWhite Crystals Ltd. , the Company's largest shareholder, has exercised all its 18,766,069 Warrants in the first exercise period. For more information, please contact:Ashar Ashary , CFO Norsk Titanium AS Email: Ashar.Ashary@norsktitanium.com Tel: +1 518 556 8966 This announcement is a non-regulatory press release that is made on a voluntary basis and that is not subject to regulatory requirements for any public announcements. This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures.
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