NVE to Continue in Russell 3000 Index

EDEN PRAIRIE, Minn.-June 24, 2024-NVE Corporation is set to be included in the Russell 3000 and Russell 2000 Indexes for the second consecutive year, according to lists issued by FTSE Russell. Equity markets will open July 1 with the newly reconstituted Russell US Indexes.

Links to Russell and other indexes that include NVE can be found in the "Investors" section of NVE's website (www.nve.com).

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data.

Statements used in this announcement that relate to future plans, events, or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K and other reports filed with the SEC.

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