Nordic Semiconductor (NOD) AGM 2026 summary

Opening remarks and agenda

• Meeting opened by the Chair, welcoming shareholders to a virtual AGM and introducing the meeting chair.

• Attendance confirmed: 136 million shares represented, 69% of total shares.

• Agenda items introduced and approved, including election of meeting chair and approval of agenda.

Financial performance review

• Revenue reached $668 million in 2025, a 31% year-over-year increase from 2024.

• Gross margins at 52% (51% adjusted), showing significant improvement.

• EBITDA was $67 million, with a 10% EBITDA margin.

• Cash position at year-end was $307 million, up $20 million year-over-year.

• Market leadership in BLE with 32% share of end product certifications.

Strategic initiatives and plans

• Successful integration of Memfault, Atlazo, and Neuton, strengthening software, cloud, and lifecycle capabilities.

• On track for 20% long-term revenue growth and 25% EBITDA margin within five years from 2024.