Embla Medical hf — Director's Dealing 2021

May 25, 2021

Reykjavik, 25 May 2021

ÖSSUR

LIFE WITHOUT LIMITATIONS

Managers Transactions

Össur hf. has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in Össur hf. made by persons discharging managerial responsibilities in Össur hf. and/or persons closely related with them.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Christian Robinson
2.	Reason for the notification
a)	Position/status	EVP B&S SBU and Americas
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Össur hf.
b)	LEI	213800K2AVTAFWJ4DP64
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 Identification code	Shares, Ticker: OSSR
IS0000000040
b)	Nature of the transaction	Purchase of shares through the exercise of an option in accordance with a share option agreement made on 22 May 2017, in line with the Company's share option program implemented on 27 May 2015. See announcement No. 24/2015 for further details on the share option program, including the key terms and conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s)
		DKK 26.66 50,000 (Settled by a transfer of 10,714 shares to the PDMR. The value of the remaining 39,286 shares (less the aggregate exercise price of all 50,000 shares) was used to cover the PDMR's income tax liability arising on the exercise of the option of 50,000 shares. The price used in the calculation of the value of the

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| | | | shares was the closing price on Nasdaq Copenhagen on 19 May 2021.) |
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| d) | Aggregated information
— Aggregated volume
— Price | Aggregated Volume: 50,000
Price: DKK 26.66 | |
| e) | Date of the transaction | 2021-05-19 | |
| f) | Place of the transaction | Outside of trading venue | |