(Oslo, Norway - June 13, 2022) Nordic Credit Rating (NCR) has today assigned a
first-time long-term issuer rating of 'BBB' with a 'Stable' outlook to Nordic
Semiconductor ASA.

NCR comments: "Our 'BBB' long-term issuer rating on Norwegian semiconductor
company Nordic Semiconductor ASA reflects the company's strong balance sheet and
low financial leverage. The rating also reflects the company's strong position
in growing niche markets within wireless communication technology and the
internet of Things (IoT) in particular, including products that help monitor
various kinds of environmental impact. Nordic Semiconductor has strong customer
relationships with world-leading technology companies."

The credit reports from Nordic Credit Rating was published today and can be
found here: https://nordiccreditrating.com/.

For further information, please contact:
Pål Elstad, CFO Nordic Semiconductor ASA Phone: +47 991 66 293
Ståle Ytterdal, SVP IR Nordic Semiconductor ASA Phone: +47 930 37 430

About Nordic Semiconductor: 
Nordic Semiconductor has been a pioneer in ultra- low power wireless solutions,
from proprietary technologies for PC accessories to today's Bluetooth low energy
and multiprotocol products and long-range cellular IoT solutions. Nordic
Semiconductor is the clear market leader in the ultra-low power wireless
segment, serving a growing market in consumer electronics, wearables, building
and retail, healthcare and an increasing number of other verticals and
applications. Nordic Semiconductor (NOD) is a public company listed on the Oslo
stock exchange in Norway. 

For more information go to www.nordicsemi.com 
This information is subject to the disclosure requirements according to §5-12 in
the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange