Nordic Mining ASA: Bondholders approve emergency financing proposal

Oslo, 5 November 2026

Nordic Mining ASA announces that the bondholders of Engebø Rutile and Garnet AS ("ERG"), a subsidiary of Nordic Mining ASA (the "Company"), have today approved the proposal set out in the summons for a written resolution dated 5 November 2026 for ERG's senior secured bonds (ISIN: NO0012734112).

The approved proposal provides for emergency super senior financing, amendments to the existing bond arrangements and related royalty and intercreditor amendments. The financing includes an initial USD 3 million in new money, with an option for a further USD 3 million, to fund ERG's immediate working capital requirements. Implementation remains subject to execution of the transaction documentation and satisfaction or permitted waiver of the applicable conditions precedent.

Further updates on implementation of the approved arrangements and the longer -term restructuring process will be provided when available.

For further information, please contact:

Tord Meling, CFO

Tel: +47 99 09 87 66

tord.meling@nordicmining.com

or visit: https://nordicmining.com/

This information is considered to include inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Tord Meling, on 5 November 2026, at 14:20 (CET).