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Flerie AB Net Asset Value 2025

May 7, 2025

6601_rns_2025-05-07_ea9ffd7f-266c-40d9-9c79-69d01f6bbda8.pdf

Net Asset Value

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NET ASSET VALUE – 30 April 2025

On the 30 April 2025 Flerie AB's Net Asset Value (NAV) was SEK 3,965 million and NAV per share was SEK 50.79.

Share of portfolio
company
Fair value
(MSEK)
Part of NAV per share
(SEK)
Share of
NAV
Allocation of NAV
Product Development
Prokarium 42% 452 5.80 11.4%
Xspray Pharma 18% 231 2.96 5.8%
Empros Pharma 79% 204 2.62 5.2%
KAHR Medical 31% 182 2.33 4.6%
Lipum 57% 182 2.33 4.6%
Atrogi 37% 176 2.25 4.4%
Xintela 61% 165 2.11 4.1%
Microbiotica 10% 129 1.65 3.2%
Geneos Therapeutics 12% 93 1.19 2.3%
AnaCardio 14% 69 0.89 1.7%
Mendus 24% 60 0.77 1.5%
Toleranzia 53% 60 0.77 1.5%
EpiEndo Pharmaceuticals 9% 54 0.70 1.4%
Synerkine Pharma 43% 54 0.70 1.4%
Vitara Biomedical 11% 48 0.62 1.2%
Buzzard Pharmaceuticals 14% 32 0.40 0.8%
Sixera Pharma 24% 27 0.35 0.7%
Egetis Therapeutics 2% 22 0.28 0.6%
Alder Therapeutics 21% 17 0.22 0.4%
Amarna Therapeutics 58% 11 0.14 0.3%
Strike Pharma 16% 9 0.11 0.2%
Total 2,277 29.17 57.4%
Commercial Growth
Symcel 30% 192 2.46 4.8%
NorthX Biologics 92% 189 2.42 4.8%
Chromafora 30% 73 0.93 1.8%
Nanologica 43% 47 0.61 1.2%
Frontier Biosolutions 2% 18 0.23 0.5%
Bohus Biotech 45% 17 0.21 0.4%
Total 536 6.87 13.5%
Limited Partnerships, total 90 1.15 2.3%
Assets related to Portfolio
companies
266 3.41 6.7%
Other assets and liabilities 795 10.18 20.0%
Net asset value 3,965 50.79 100.0%

For more information:

Ted Fjällman, CEO Email: [email protected]

Flerie in brief

Flerie is an active long-term life science investor, with a broad and diversified portfolio of innovative companies based on pioneering science. We invest in product development and commercial growth opportunities globally alongside other leading investors, focusing predominantly on private companies that are otherwise difficult to access. Flerie's active ownership model, broad network and resources support and accelerate the development of the portfolio projects, creating value for shareholders. Flerie AB's ordinary share is listed on Nasdaq Stockholm with the ticker FLERIE. For further information please visit www.flerie.com

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NET ASSET VALUE – 30 April 2025