Norsk Titanium AS: Primary insider trading

Oslo, Norway, 19 May 2026: In connection with a restructuring, NTi Holding AS (“NTi Holding”) has transferred 1,269,351 shares in Norsk Titanium AS (“Norsk Titanium”) to its shareholder Scatec Innovation AS (“Scatec Innovation”).

The share transfer is carried out solely for the purpose of simplifying the ownership structure to shares in Norsk Titanium for Scatec Innovation. NTi Holding is owned 100% by Scatec Innovation, that will neither increase nor decrease its relative ownership to shares in Norsk Titanium as a result of the restructuring.

NTi Holding and Scatec Innovation are legal persons associated with John Andersen, who is the chairman of the board of Norsk Titanium. Notifications of the transaction by associates of primary insiders in accordance with the Market Abuse Regulation Article 19 are attached.

After the transfer of shares, NTi Holding holds 1,628,900 shares in Norsk Titanium, subject to a share lending agreement entered into between NTi Holding and several shareholders of Norsk Titanium in connection with the listing of the Company on Euronext Growth Oslo.

For more information, please contact:

John Andersen, Chairman of Norsk Titanium Email: John.Andersen@scatec.no Tel: +47 90 17 40 80

Gisle Bjørnstad, CFO Scatec Innovation AS email: gisle.bjornstad@scatec.no Tel: +47 951 42 892

Linda Helland, General Counsel of Scatec Innovation AS Email: linda.helland@scatec.no Tel: +47 97 77 20 02

This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act.