On September 4, 2026, the Board of Directors of NordAmps AB (publ) (“NordAmps” or the “Company”) resolved, by virtue of the authorization granted at the annual general meeting held on 30 June 2026, to carry out a new issue of common shares in connection with the Company’s admission to trading on Nasdaq First North Growth Market (the “Offering”). The Offering is directed to the general public in Sweden and to institutional and professional investors in Sweden and internationally.

The Offering comprises a maximum of 4,850,000 new common shares to be subscribed for at a price of SEK 15.50 per share, which means that the Company will receive approximately SEK 75.2 million upon full subscription before transaction costs.

Of the total issue proceeds, approximately SEK 25.5 million is expected to be settled through set-off or conversion of existing loans, while approximately SEK 49.6 million is expected to be paid in cash. Following transaction costs of approximately SEK 5.7 million, the net cash proceeds to the Company amount to approximately SEK 43.9 million.

Through the Offering, the share capital will, upon full subscription, increase by SEK 375,677.7692 from SEK 500,000 to SEK 875,677.7692 and the number of shares by 4,850,000 from 6,455,000 to 11,305,000. For existing shareholders who do not participate in the Offering, this entails a dilution effect of approximately 42.9 percent of the capital and the votes in the Company, based on the number of shares and votes in the Company prior to the Offering.

NordAmps has received subscription undertakings from existing shareholders and external investors, including members of the Board of Directors and senior executives, totaling approximately SEK 61.6 million, corresponding to approximately 81.9 percent of the Offering. Of this amount, approximately SEK 36.0 million is to be paid in cash and approximately SEK 25.5 million is to be settled through set-off of existing loans.

The gross cash proceeds therefore amount to approximately SEK 49.6 million, and the net cash proceeds to approximately SEK 43.9 million after transaction costs of approximately SEK 5.7 million.

The general public in Sweden and Finland, together with institutional and professional investors, are hereby invited to subscribe for shares in the Company in accordance with the terms and conditions set out in this Memorandum and in the Company Description.

Members of the Board of Directors, senior executives and larger shareholders have entered into customary lock-up undertakings between 6-15 months from the first day of trading at Nasdaq First North Growth Market.

Trading in the Company’s share is expected to commence on Nasdaq First North Growth Market on 30 September 2026.

NordAmps designs and develops high-performance circuits for communication systems in which demands on speed, sensitivity and energy efficiency are continuously increasing. The Company’s first commercial focus is radio frequency applications, where low-noise amplifiers (LNAs) are the first product category to be brought to market. Over time, NordAmps intends to widen its offering to further RF components and, subsequently, to additional communication technologies. The Company’s proprietary transistor technology is the key enabler of this circuit performance.

The Company builds on more than two decades of nanoelectronics research at Lund University. NordAmps was founded in 2017 by Professors Lars-Erik Wernersson and Erik Lind together with Lars Tilly, and has since developed from a research-based spin-off into a company focused on high-performance circuits for the communication systems of the future. The technology platform combines the performance characteristics of III-V materials with the scalability and cost efficiency of silicon-based manufacturing, and the Company operates a fabless business model in which manufacturing and industrialization are carried out together with external partners. A significant milestone was reached in 2025 through the collaboration with Finnish research institute VTT, which is intended to establish a European and scalable production chain.

Growth in the market for high-performance communication circuits is driven by rising data traffic, the build-out of AI infrastructure, stricter energy-efficiency requirements and an increasing need for scalable semiconductor solutions. To address these trends, NordAmps is now taking the step from technology development to industrialization and commercialization, and the Board of Directors has resolved to carry out the Offering in connection with the listing on Nasdaq First North Growth Market.

The Company mainly intends to use the net cash proceeds from the Offering for the following activities, without any particular order of priority:

1. Securing working capital through September 2027
2. Completing industrialization and production scale-up together with VTT and other production partners
3. Financing customer projects, test systems and deliveries
4. Continued product and technology development
5. General corporate purposes

The intended allocation, without any order of priority, of the net cash proceeds is expected to be approximately 25 percent for industrialization, production scale-up and the collaboration with VTT, approximately 43 percent for customer projects, test systems and product development, and approximately 32 percent for general corporate purposes.

Through the listing, investors, customers, strategic partners and employees are given the opportunity to take part in NordAmps’ continued development. A listing also improves the Company’s access to the capital market, enables share-related incentive programmes, strengthens recruitment and increases awareness of NordAmps and its technology platform.