Norsk Titanium US Appoints Laura Krahn as Vice President, Digital Technology and Architecture

Plattsburgh New York, December 2, 2024 — Norsk Titanium (Euronext: NTI, OTCQX: NORSF), a global leader in additive manufacturing for aerospace-grade structural titanium components using its patented Rapid Plasma Deposition^® (RPD^®) technology, announces the appointment of Laura Krahn as Vice President, Digital Technology and Architecture, reporting to CEO Carl Johnson.

Ms. Krahn joins Norsk Titanium from Greensea IQ, a high-growth technology startup, focused on developing intelligent ocean solutions for defense, transportation, energy, and science applications, where she held the position of Senior Vice President Technical Solutions. Laura’s career in IT began in software development at Collins Aerospace and Geiger of Austria, and progressively grew into higher-level positions where she was responsible for leading large-scale digital transformations for clients including Keurig, the State of Vermont, and HRCI.

As a member of the Norsk Titanium Leadership Team, Ms. Krahn will play an instrumental role in bringing valuable insight and driving our vision forward by helping to shape our strategy and guide our company’s growth. As the leader of the Company’s IT and Digitalization organization, Ms. Krahn will deploy extensive expertise at driving digital transformation in manufacturing and engineering environments, as well as her ability to build empowered engaged, collaborative, cross-functional teams to deliver innovative solutions on time and on budget. “Under Laura’s direction, Norsk Titanium will continue to improve its technical solutions and find new ways to use data to drive efficiency and innovation,” said CEO Carl Johnson.

“I am excited to join the Norsk Titanium team,” said Ms. Krahn. “I look forward to making a contribution to the future of the company and additive manufacturing.”

Ms. Krahn holds a Master of Science in Internet Engineering from Marlboro College and a Bachelor of Business Administration in Management Information Systems from Western Connecticut State University.

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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