Nordic Unmanned To Raise Up To NOK 50 Mln Through Subsequent Offering

Nordic Unmanned ASA NUMND:

• SUBSEQUENT OFFERING COMPRISES ISSUE OF UP TO 8,333,333 NEW SHARES IN CO, EACH WITH A NOMINAL VALUE OF NOK 1

• SHARES TO HAVE SUBSCRIPTION PRICE OF NOK 6.00 PER SHARE, WHICH IS EQUAL TO SUBSCRIPTION PRICE IN PRIVATE PLACEMENT

• TOTAL GROSS PROCEEDS WILL AMOUNT UP TO ABOUT NOK 50 MILLION, IF ALL OFFER SHARES ARE ALLOCATED AND ISSUED

• SUBSCRIPTION PERIOD WILL COMMENCE ON OR ABOUT 1 FEBRUARY 2023 AND END ON OR ABOUT 14 FEBRUARY 2023

• SUBSEQUENT OFFERING IS DIRECTED TO SHAREHOLDERS IN CO AS OF DEC 7 WHO WERE NOT INCLUDED IN WALL-CROSSING PHASE OF PRIVATE PLACEMENT

• AND WHO WERE NOT ALLOCATED SHARES IN PRIVATE PLACEMENT