Norsk Titanium AS: Investor meetings in Oslo on 2 February

30 January 2023.

2023 is a pivotal year for Norsk Titanium as it transitions key development efforts into long-term serial production contracts for deliveries to the semiconductor, commercial aerospace, and defense industries. As previously announced, Norsk Titanium continues to evaluate strategic opportunities to secure long term funding as it ramps up production during the first half of 2023 and has engaged Carnegie AS and Skandinaviska Enskilda Banken AB (publ) to assist those efforts.

Norsk Titanium’s President & CEO, Michael Canario, will be hosting meetings with investors and shareholders on 2 February 2023 in Oslo. Michael will be discussing the recent successes of Norsk Titanium in its key initiatives and the exciting outlook in the near future.

Please contact Anne Myren at Carnegie if you would like to join the meeting with Norsk Titanium’s CEO on 2 February 2023.

Anne Myren

Telephone: +47 22 00 93 74

E-mail: anne.myren@carnegie.no

For the latest news, go to www.norsktitanium.com or follow us on LinkedIn. For more information, please contact:

John Andersen, Chairman of Norsk Titanium AS

Email: John.Andersen@scatec.no

Tel: +47 90 17 40 80

Mike Canario, President and CEO of Norsk Titanium Email: Michael.Canario@norsktitanium.com

Tel: +1 518 324 4010

Ashar Ashary, CFO Norsk Titanium AS

Email: Ashar.Ashary@norsktitanium.com

Tel: +1 518 556 8966

This announcement may contain forward-looking statements, which as such are not historical facts, but are based upon various assumptions, many of which are based, in turn, upon further assumptions. These assumptions are inherently subject to significant known and unknown risks, uncertainties and other important factors. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this announcement by such forward-looking statements. PCI Biotech disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the company.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

About Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition^® (RPD^®) technology and 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD^® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD^® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers

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