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Bavarian Nordic

Director's Dealing May 29, 2020

3354_rpt_2020-05-29_82f08019-b858-4549-919e-ed146c2533fe.pdf

Director's Dealing

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Company Announcement

Report of transactions of shares and related securities of Bavarian Nordic by persons holding managerial responsibilities and/or persons/companies closely associated with such

COPENHAGEN, Denmark, May 29, 2020 – Bavarian Nordic A/S (OMX: BAVA, OTC: BVNRY) has today received information about the following transactions of the company's shares/related securities by persons holding managerial responsibilities and/or persons/companies closely associated with such.

1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Paul Chaplin
2. Reason for the notification
a) Position/status President and Chief Executive Officer of Bavarian
Nordic A/S
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Bavarian Nordic A/S
b) LEI 2138006JCDVYIN6INP51
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument,
type of instrument
Shares
Identification code DK0015998017
b) Nature of the transaction Sale
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 198.80
DKK 198.90
DKK 199.00
DKK 199.10
DKK 199.30
DKK 199.50
DKK 199.55
DKK 199.70
DKK 199.80
DKK 199.90
DKK 200.00
DKK 200.05
DKK 200.10
DKK 200.20
DKK 200.40
DKK 200.60
DKK 200.80
DKK 200.90
DKK 201.00
DKK 201.10
DKK 202.20
54
43
58
1,430
75
312
109
17
958
1,111
1,811
82
159
7,171
2,002
1,682
1,942
231
5,401
196
2,816
DKK 201.30 153
DKK 201.40 2,315
DKK 201.50 563
DKK 201.60 3,091
DKK 201.70 345
DKK 201.80 2,462
DKK 201.90 486
DKK 202.00 3,798
DKK 202.20 810
DKK 202.40 909
DKK 202.60 1,186
DKK 202.80 835
DKK 203.00 3,487
DKK 203.20 2,702
d) Aggregated information
-
Aggregated volume
50,802
-
Price
DKK 10,223,659.20
e) Date of the transaction 2020-05-29
f) Place of the transaction Nasdaq Copenhagen A/S, XCSE

About Bavarian Nordic

Bavarian Nordic is a fully integrated biotechnology company focused on the development, manufacture and commercialization of life-saving vaccines. We are a global leader in smallpox vaccines and have been a longterm supplier to the U.S. Strategic National Stockpile of a non-replicating smallpox vaccine, which has been approved by the FDA under the trade name JYNNEOS®, also for the protection against monkeypox. The vaccine is approved as a smallpox vaccine in Europe under the trade name IMVANEX® and in Canada under the trade name IMVAMUNE®. Our commercial product portfolio furthermore contains market-leading vaccines Rabipur®/RabAvert® against rabies and Encepur® against tick-borne encephalitis. Using our live virus vaccine platform technology, MVA-BN®, we have created a diverse portfolio of proprietary and partnered product candidates designed to save and improve lives by unlocking the power of the immune system, including an investigational Ebola vaccine, licensed to Janssen. For more information visit www.bavarian-nordic.com.

Contacts

Europe: Rolf Sass Sørensen, Vice President Investor Relations, Tel: +45 61 77 47 43 US: Graham Morrell, Paddock Circle Advisors, [email protected], Tel: +1 781 686 9600

Company Announcement no. 34 / 2020

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