Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of eleven new and existing employees.

Erik Hellman [new employee], Financial Planning & Analysis and primary insider in Thinfilm, today received 450,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Erik Hellman and close associates hold or control 450,000 SRs in Thinfilm.

Stacey Nelson [new employee], Accountant and primary insider in Thinfilm, today received 400,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Stacey Nelson and close associates hold or control 400,000 SRs in Thinfilm.

Doris Pon [new employee], Director, Accounting and primary insider in Thinfilm, today received 700,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Doris Pon and close associates hold or control 700,000 SRs in Thinfilm.

Suresh Maharaj [new employee], Manager, Global Accounting and primary insider in Thinfilm, today received 450,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Suresh Maharaj and close associates hold or control 450,000 SRs in Thinfilm.

Kevin Barber, CEO and primary insider in Thinfilm, today received 15,664,508 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

As announced on 19 November 2018, Kevin Barber, the Company’s CEO, received 15,000,000 conditional subscription rights in Thinfilm. It has been agreed that 7,500,000 of such subscription rights shall terminate, in return for the conditions being removed on the remaining 7,500,000 subscription rights.  Following these transactions, Kevin Barber and close associates hold or control 46,601,940 SRs in Thinfilm.

Mallorie Burak, CFO and primary insider in Thinfilm, today received 4,410,492 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Mallorie Burak and close associates hold or control 13,770,492 SRs in Thinfilm.

Arvind Kamath, EVP, Technology Development and primary insider in Thinfilm, today received 6,475,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Arvind Kamath and close associates hold or control 7,525,000 SRs in Thinfilm.

Giampaolo Marino, EVP, Hardware Solutions and primary insider in Thinfilm, today received 4,000,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Giampaolo Marino and close associates hold or control 6,000,000 SRs in Thinfilm.

Shannon Fogle, VP, Global Human Resources and primary insider in Thinfilm, today received 3,340,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Shannon Fogle and close associates hold or control 3,660,000 SRs in Thinfilm.

Aditi Chandra, VP, Technology Development and primary insider in Thinfilm, today received 2,705,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Aditi Chandra and close associates hold or control 3,295,000 SRs in Thinfilm.

Vivian Lam, HR and Executive Assistant and primary insider in Thinfilm, today received 335,000 subscription rights ("SRs") under Thinfilm's 2019 Subscription Rights Incentive Plan.

Following the transaction, Vivian Lam and close associates hold or control 365,000 SRs in Thinfilm.

The vesting schedule for the SRs for the existing employees is 1/12 of the subscription rights will vest and become exercisable every three months on each January 15, April 15, July 15 and October 15, so that each Option is fully vested approximately three years after the Grant Date with the Vesting Commencement Date of 15, July 2019.

The vesting schedule for the SRs for the new employees 1/3 of the subscription rights will vest on the first anniversary of the Vesting Commencement Date and 1/8 of the remaining Options will vest and become exercisable every three months thereafter on each January 15, April 15, July 15 and October 15, so that each Option is fully vested approximately three years after the Grant Date.

The subscription rights expire on 28 May 2024.

3 September 2019

Thin Film Electronics ASA

This information is subject of the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.