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Source: Thin Film Electronics ASA

THIN: Key Information In Relation To The Reverse Share Split To Be Carried Out by Thin Film Electronics ASA

Reference is made to the Extraordinary General Meeting in Thin Film Electronics ASA (“Thinfilm”) held on 23 October 2019, in which it was resolved to, inter alia, carry out a 20:1 reverse share split of Thinfilm’s shares with effect 7 trading days after the date of the Extraordinary General Meeting or at such later date as determined by the company’s board of directors. Following completion of the reverse share split, the composition of Thinfilm’s share capital will be changed from 1,171,871,617 shares, each having a par value of NOK 0.11, to 58,593,581 shares, each having a par value of NOK 2.20.

Date on which the corporate action was made public:                 2 October 2019
Share consolidation ratio:                                                         20 old shares give 1 new share
Last day including right:                                                           31 October 2019
Ex-date:                                                                                   1 November 2019
Record date:                                                                             4 November 2019
Date of approval:                                                                     23 October 2019

For further information on the reverse split, please contact:

Mallorie Burak
Email: Mallorie.burak@thinfilmnfc.com
Tel: +1 408 503-7312

This information is published in accordance with the requirements of Continuing obligations to the Oslo Stock Exchange.