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Regulatory press release

NTI: Norsk Titanium Signs Agreement with Boeing for Serial Production

Norsk Titanium
Oslo, 25 April 2024: Norsk Titanium AS (Euronext: NTI, OTCQX: NORSF), a global
leader in additive manufacturing for aerospace-grade structural titanium
components using its patented Rapid Plasma Deposition® technology, has reached
an agreement to deliver parts in serial production directly to The Boeing
Company.

The agreement marks the start of a direct supplier relationship between the
companies, enabling Norsk Titanium to be a tier-1 supplier to the Boeing
procurement system. Today, Norsk Titanium delivers serial production parts to
Boeing's supply chain partners. With this agreement Norsk Titanium expects to
also begin direct deliveries to The Boeing Company later this year
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