Norsk Titanium AS · OSL:NTI
Norsk Titanium AS — Q3 2026 Earnings Presentation
12 slides from Norsk Titanium AS's earnings presentation, Nov 5, 2026
Slide 1: Q3 2026 Operational Update
Q3 2026 Operational Update 5 November 2026
Slide 2: Q3 2026 Key Highlights
Q 3 2 0 2 6 K ey H ig h lig h ts Fin an cials R even u e an d o th er in c o m e (U S D m ) • Revenue and o ther inco m e trip led to U S D 2.1m in Q 3 ~8 • M o nthly cash b urn d o wn to U S D 2.2m , fro m U S D 2.4m in Q 3 2025 5.0 4.1 2.8 • C ash b alance o f U S D 27.2m at 30 S ep tem b er 2.1 0
Slide 3: Progress Across All Three Revenue Streams
Progress Across All Three Revenue Streams Transitioning to a commercially driven manufacturing business Core OEM Programs Short-Cycle Sales RPD® Ecosystem Convert qualified aerospace and defense Scale short-cycle revenue and expand industrial Establish a scalable commercial model for RPD® Strategy p
Slide 4: Core OEMs - Aerostructures and Engines: Higher Airbus Volumes and First Rolls-Royce Purchase Order
Core OEMs - Aerostructures and Engines: Higher Airbus Volumes and First Rolls-Royce Purchase Order Aerostructures Engines Approved supplier for development activities • Higher serial deliveries to Airbus of the A350 Lower Frame • Received Rolls-Royce purchase order in October for a titanium Fitting
Slide 5: Core OEMs - Defense: Expanding Defense Activities Across Production and Qualification Programs
Core OEMs - Defense: Expanding Defense Activities Across Production and Qualification Programs High-rate missile defense program Funded development and qualification Production programs with defense primes Undisclosed Defense Prime DIB-EDGE INITIATIVE • In process of receiving qualification order, •
Slide 6: Short-Cycle Industrial Markets: Higher Semiconductor Volumes and First Production Parts Delivered in Energy
Short-Cycle Industrial Markets: Higher Semiconductor Volumes and First Production Parts Delivered in Energy Semiconductors: Hittech • Continued deliveries under the USD 1.5m order through Q1 2027 • Purchase orders in hand for deliveries through Q3 2027 Titanium carrier trays • 2027 revenue now likel
Slide 7: RPD® Ecosystem: First RPD® Machine Installed at Airbus in Varel, Germany
RPD® Ecosystem: First RPD® Machine Installed at Airbus in Varel, Germany Installed at Airbus in Varel Industrializing RPD® with Airbus Scalable commercial model Cooperation and Research Agreement signed June 2026 Machine sales or Technology Supporting leasing licensing services • Merke IV® machine o
Slide 8: Financial Review: Higher Revenue and Cash Burn Down Year-over-Year
Financial Review: Higher Revenue and Cash Burn Down Year-over-Year Revenue and other income (USDm) Revenue tripled in Q3 YoY 2025 2026 2026e • USD 2.1m in Q3, up from USD 0.7m Q3 last year ~8 • Serial production USD 0.6m, from more Airbus and Hittech deliveries 5.0 4.1 • Development and services USD
Slide 9: Uniquely Positioned to Convert Demand to Profitable Growth
Uniquely Positioned to Convert Demand to Profitable Growth Targeting 30% EBITDA-margin when operating at scale Long-term revenue and profitability roadmap Key drivers: Revenue (USDm) EBITDA (USDm) Full utilization of current 1: Volume growth capacity Operating leverage Significant Scaling an already
Slide 10: Summary and Outlook
Summary and Outlook • Q3 revenue and other income tripled year-over-year, funded development programs and higher serial production • Commercial momentum across core OEM and Industrial programs, including finalizing a major defense qualification order, Rolls-Royce purchase order, and higher Airbus an
Slide 11: Q&A
Q&A
Slide 12: Norsk Titanium
Norsk Titanium >USD 500m ~USD 150m invested* market cap 35 machines Parts supplier RPD 700 tons capacity direct replacement USD 300m 200+ patents revenue capacity granted US & Norway 125+ locations employees Material specification 3 markets qualified presence 12 Norsk Titanium AS © 2026 * >USD 400m