MPW design handed over to production partner for participation in MPW.

Reference is made to the stock exchange announcement dated 15.06.2022. Lokotech AS, a wholly owned subsidiary of Harmonychain AS, has today received confirmation from the ASIC designers that the MPW design has been handed over to the MPW production partner. We are now awaiting confirmation from the MPW production partner that the design has been received and accepted. Subject to such acceptance by the production partners, and subject to the design not having serious defects or deficiencies, we expect participation in the MPW run which starts in July.

It is expected that the physical prototype is completed and tested around new years.

«Lokotech AS is entering a new phase, where customer contact and planning of future production will be central. It is a pleasure to announce that we have now handed over the design.», Comments CEO Ola Stene-Johansen This information is subject to the disclosure requirements in accordance with the Securities Trading Act § 5-12. This information constitutes inside information and is subject of the obligation to provide information in according to the Market Abuse Regulation (MAR). The message is published on behalf of Harmonychain AS by Ola Stene-Johansen, CEO, at 11.26, 14th of July 2022.