The Board of Directors of Nordic Semiconductor ASA has resolved to initiate ashare buyback program to be executed in accordance with the authorizationgranted to the Board of Directors by the Annual General Meeting of NordicSemiconductor ASA held on May 5, 2025 (the “AGM”).
The share buyback program will be carried out in accordance with applicablelawsand regulations. The purpose of the program is to have available shares tosettle the Company’s obligations under its employee long-term equity linkedincentive programs, including delivery of shares under granted restrictedstockunits (RSUs).
Key terms of the share buyback program include:
o Pursuant to the authorization granted by the AGM, the Board ofDirectors isauthorized to acquire up to 9.96% of the Company’s share capital. Under theshare buyback program resolved by the Board, the Company may acquire up to900,000 shares, subject to a maximum total purchase amount of NOK 180 million.
o In accordance with the authorization from the AGM, the maximum pricethat canbe paid per share is NOK 350.
o The share buyback program will commence on February 5, 2026, and willend atthe latest at the Annual General Meeting in 2026.
o No shares may be bought at a price higher than the higher of the priceof thelast independent trade or the highest current independent bid on Oslo Børs atthe time of the trade.
o The maximum number of shares that may be acquired on each trading dayshallnot exceed 25% of the average daily trading volume of the Company’s shares onOslo Børs.
The Company has engaged an independent financial intermediary to execute theshare buybacks on behalf of the Company and at its own discretion within thelimits set by the program.
Transactions will be conducted in accordance with the Market Abuse Regulation(EU) No 596/2014 (“MAR”) and Commission Delegated Regulation (EU) No 2016/1052(“Safe Harbour Regulation”), as further set out in the Norwegian SecuritiesTrading Act of 2007 and the Oslo Stock Exchange’s Guidelines for buy-backprograms and price stabilization dated February 2021.
The Company will disclose transactions made under the share buyback program onaweekly basis.
For questions:
Pål Elstad, Chief Financial Officer, Mobile: (+47) 99 166 293
This information is subject to the disclosure requirements pursuant to Section5-12 of the Norwegian Securities Trading Act and the Market Abuse Regulation.
This stock exchange announcement was published by Kine-Elena Reigstad, VPInternational Finance, on February 5, 2026 at 07.15 CET.
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