Mandatory notification of trades

Lars Moldestad, board member and primary insider in
Nio Security, Inc. ("Nio") has been allocated
1,655,000 shares in the completed private placement
in Nio, at a subscription price of NOK 2.50 per
share. After receipt of the allocated shares, Lars
Moldestad and close associates will hold 13,591,696
shares in and 10 195 614 warrants to buy shares in
Nio.

Bellamare Resources Ltd, a company controlled by Jon
Skabo, board member and primary insider in Nio
Security, Inc. ("Nio") has been allocated 1,655,000
shares in the completed private placement in Nio, at
a subscription price of NOK 2.50 per share. After
receipt of the allocated shares, Bellamare Resources
Ltd will hold 9,936,235 shares in and 13,704,386
warrants to buy shares in Nio.