BerGenBio

BerGenBio ASA: Increase of share capital, exercise of share options

Bergen, Norway, 31 August 2021

The Board of Directors in BerGenBio ASA (the "Company") (OSE: BGBIO) have, to

fulfil the Company's obligations under the share option agreements and in

accordance with the authorization granted by the general meeting on 19 March

2021, resolved to increase the Company's share capital by NOK 1,500 by issuance

of 15,000 new shares. The new shares are subscribed for by option owners who

wishes and are entitled to exercise options in accordance with the Company's

option scheme. Each option gives a right to receive one share in the Company.

The subscription price is in accordance with the prevailing options price

pursuant to the Company´s option scheme, in average NOK 10.62 per share. The

exercised options will expire on 3 September 2021 if not exercised.

The capital increase is expected to be registered within 7 days, and following

the issuance of the new shares, the issued share capital of BerGenBio ASA will

be NOK 8,824,775.50 consisting of 88,247,755 shares, each with a par value of

NOK 0.10.

-End-

Contacts

Rune Skeie

Interim CEO and CFO, BerGenBio ASA

Forward looking statements

This announcement may contain forward-looking statements, which as such are not

historical facts, but are based upon various assumptions, many of which are

based, in turn, upon further assumptions. These assumptions are inherently

subject to significant known and unknown risks, uncertainties and other

important factors. Such risks, uncertainties, contingencies and other important

factors could cause actual events to differ materially from the

expectations expressed or implied in this announcement by such forward-looking

statements.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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