Nordic Semiconductor Investor Presentation — July 2022

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Quarterly Presentation

© Nordic Semiconductor

The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (“relevant

persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents.

This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any pe rson to underwrite, subscribe

for or otherwise acquire securities in Nordic Semiconductor ASA (The Company). The release, publication or distribution of th is presentation in certain

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inform themselves about, and observe, such restrictions.

This presentation includes and is based, inter alia, on forward -looking information and contains statements regarding the future in connection with The

Company’s growth initiatives, profit figures, outlook, strategies and objectives. All forward -looking information and statements in this presentation are

based on current expectations, estimates and projections about global economic conditions, the economic conditions of the reg ions and industries that

are major markets for The Company. These expectations, estimates and projections are generally identifiable by statements con taining words such as

“expects”, “believes”, “estimates” or similar expressions.

Important factors may lead to actual profits, results and developments deviating substantially from what has been expressed o r implied in such

statements. Although The Company believes that its expectations and the presentation are based upon reasonable assumptions, i t can give no assurance

that those expectations will be achieved or that the actual results will be as set out in the presentation.

The Company is making no representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the presentation, and

neither The Company nor any of its directors, officers or employees will have any liability to you or any other persons resul ting from your use.

This presentation was prepared in connection with the Q2 results released on July 12, 2022. Information contained herein will not be updated. The

following slides should also be read and considered in connection with the information given orally during the presentation.Disclaimer

2© Nordic Semiconductor

Revenue of USD 200 million (+36%)

Severely impacted by wafer supply

EBITDA of USD 51.9 million