Nordic Unmanned ASA – Resolution to file petition for bankruptcy

The board of directors of Nordic Unmanned ASA (the "Company") has today, 3. February 2025, resolved to file a petition for bankruptcy at Sør-Rogaland tingrett (Sør-Rogaland District Court).

The decision is based on the Company facing an immediate lack of liquidity, estimated to be in the amount of MEUR 4, mainly based on loss of bids assumed to be won, lack of expected funds for services delivered, additional unforeseen capex and financing needs in its subsidiaries. While the Company has sought to explore all realistic potential mitigating actions, this has unfortunately not led to the identification of any viable solution to the situation in time.

Questions regarding the further bankruptcy proceedings should be addressed to the bankruptcy trustee when appointed by Sør-Rogaland District Court.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock exchange announcement was published by Tarjei Lode, Chief Financial Officer in Nordic Unmanned ASA, at the time and date stated above in this announcement.