NOD: Reporting of transactions made by persons discharging managerial responsibilities in Nordic Semiconductor ASA's shares

NOD: Grant of Restricted Stock Units and Performance Shares On April 24, 2024, The Annual General Meeting of Nordic Semiconductor ASA approved the issue of Restricted Stock Units (RSUs) and Performance Shares of an aggregate nominal value of up to 1% of the company’s outstanding share capital. In total in this release, 946,922 RSUs and Performance Shares have been granted, equivalent to 0.49% of the company’s outstanding share capital. As basis for the calculation of RSUs and Performance Shares, a volume weighted average share price the five trading days after the Annual General Meeting of NOK 121.5 has been used. All Employee Plan Today, on May 3, 2024 the company has granted 840,572 RSUs to employees under the all-employee program. For employees, the RSUs will vest after two years or three years and the shares will be delivered to the employee at the vesting date against payment of the par value of the share (subject to the employee's continued employment with the Company). The shares may be newly issued shares or existing treasury shares. Executive Management Plan With reference to the Annual general meeting held on April 24, 2024, members of the Executive Management team have today been granted a total of 53,175 RSUs and 53,175 performance shares in the company. The RSUs will vest after three years and the shares will be delivered to the employee at the vesting date against payment of the par value of the share (subject to the employee's continued employment with the Company). The shares may be newly issued shares or existing treasury shares. The performance shares are issued conditional upon the achievement of a certain set of objectives. The performance shares vest and will be delivered at par value upon the completion of the performance period, which is three years. If the executive achieves at least 80% of the set performance targets, 50% of the shares will be granted, whilst on 120% achievement of targets a maximum two times the shares will be granted. As such, if maximum performance is achieved on the performance shares, a total of 106,350 shares will be delivered to the executive management team. Details below is based on 100% performance achievement. For further details on the program, please refer to the Guidelines for Executive Compensation that were approved by the Annual General Meeting. Vegard Wollan, CEO, received 10,493 RSUs and 10,493 performance shares. Following the grant, Vegard has 50,000 shares, 21,733 RSUs and 21,733 performance shares in the company. Pål Elstad, CFO, received 4,830 RSUs and 4,830 performance shares. Following the grant, Pål has 49,417 shares, 15,599 RSUs and 15,599 performance shares in the company. Joakim Ferm, Interim SVP R&D, received 3,148 RSUs and 3,148 performance shares. Following the grant, Joakim has 1,312 shares, 7,173 RSUs and 3,148 performance shares in the company. Øyvind Strøm, EVP BU Short-Range, received 5,000 RSUs and 5,000 performance shares. Following the grant, Øyvind has 1,000 shares, 5,000 RSUs and 5,000 performance shares in the company. Øyvind Birkenes, EVP BU Long-Range, received 5,000 RSUs and 5,000 performance shares. Following the grant, Øyvind has 7,100 shares, 5,000 RSUs and 5,000 performance shares in the company. Geir Langeland, EVP Sales and Marketing, received 5,112 RSUs and 5,112 performance shares. Following the grant, Geir has 219,653 shares, 19,413 RSUs and 16,463 performance shares in the company. Ole-Fredrik Morken, EVP Supply Chain, received 4,629 RSUs and 4,629 performance shares. Following the grant, Ole-Fredrik has 205,345 shares, 12,822 RSUs and 12,822 performance shares in the company. Ola Boström, SVP Quality, received 3,148 RSUs and 3,148 performance shares in the company. Following the grant, Ola has 4,737 shares, 8,975 RSUs and 6,094 performance shares in the company. Kjetil Holstad, EVP Strategy and Product Management, received 4,629 RSUs and 4,629 performance shares. Following the grant, Kjetil has 16,401 shares, 13,497 RSUs and 13,497 performance shares in the company. Ståle Ytterdal, SVP Investor Relations, received 3,158 RSUs and 3,158 performance shares. Following the grant, Ståle has 141,632 shares, 10,266 RSUs and 10,266 performance shares in the company. Katarina Finneng, EVP People & Communication, received 4,028 RSUs and 4,028 performance shares. Following the grant, Katarina has 4,337 shares, 12,983 RSUs and 12,983 performance shares in the company. For further information, please contact: Pål Elstad, CFO pal.elstad@nordicsemi.no +47 99 166 293 This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5 -12. This stock exchange announcement was published by Kine-Elena Reigstad, VP International Finance, on May 3, 2024 at 07.30 CEST.