Key information relating to the preferential rights issue

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT

Norwegian Block Exchange AS: Key information relating to the preferential rights issue

Reference is made to the stock exchange announcement published by Norwegian Block Exchange AS (the "Company") earlier today, on 18 November 2024, regarding the planned partly underwritten rights issue with preferential subscription rights for existing shareholders to raise gross proceeds of up to NOK 17 million (the "Rights Issue").

Date on which the terms and conditions of the preferential rights issue were announced: 18 November 2024

Last day including right: 20 November 2024

Ex-date: 21 November 2024

Record Date: 22 November 2024

Date of approval: 20 November 2024

Maximum number of new shares: 68,518,518

Subscription price: NOK 0.27

Ratio preferential rights: Each existing shareholder as of 20 November 2024 (and being registered as such in Euronext Securities Oslo, the Norwegian Central Securities Depository, (the VPS) as at the expiry of 22 November 2024 (the record date)) will be granted 0.499978 subscription rights for each share registered as held by the shareholder. The number of subscription rights granted to each existing shareholder will be rounded down to the nearest whole subscription right.

Subscription ratio: 1:1 (number of new shares per subscription right)

Manager: Norne Securities AS

Will the rights be listed: The Company will apply for trading of the preferential rights on the Oslo Euronext Growth

ISIN for the preferential rights: To be announced when clarified

This information is published in accordance with the requirements of the Continuing Obligations.


For more information, please contact:

Stig Kjos-Mathisen, CEO Norwegian Block Exchange AS

Email: stig.aleksander.kjos-mathisen@nbx.com

Tel: +47 93 28 75 72

About Norwegian Block Exchange (NBX):

NBX is a financial services company building products and services based on digital assets. NBX has an E-money license, is registered with the Norwegian Financial Supervisory Authority, and is listed on Oslo Stock Exchange Euronext Growth. NBX issued the first and only credit card with Bitcoin cashback globally.