Update on progress regarding Multi-Project-Wafer ("MPW")

Lokotech AS, a wholly owned subsidiary of Harmonychain AS, today met with the company's ASIC design partners where the status of MPW was reviewed.

Lokotech AS is pleased to inform you that the progress on MPW is going as expected and production of the MPW has started.

This information is mandatory according to § 5-12 of the Norwegian Securities Trading Act.

This information constitutes inside information and is subject to the duty to provide information in accordance with the Market Abuse Regulation (MAR). The message is published on behalf of Harmonychain AS by Ola Stene-Johansen, CEO, at 18.50, on the 16th of November 2022.