NORBIT - Mandatory notification of trade

Trondheim, 20 June 2023: Mariteam AS, a holding company controlled by deputy director to the Board and primary insider; Tom Solberg, has today sold 19 737 shares in NORBIT at an average price of NOK 57.9088 per share. Following the transaction, Mariteam AS owns 46 052 shares in NORBIT. For further queries, please contact: Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASA NORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe, has around 450 employees, and a worldwide sales and distribution platform. For more information: www.norbit.com The information is such that NORBIT is required to disclose in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. The information was submitted for publication by Elise Heidenreich, Investor Relations at NORBIT ASA, on 20 June 2023 at 21:35 CEST.