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Nykode Therapeutics ASA Director's Dealing 2021

May 7, 2021

3695_dirs_2021-05-07_f48e2707-ec7f-402c-a1d2-25051f890598.pdf

Director's Dealing

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COMPANY ANNOUNCEMENT

Mandatory notification of exercise of warrants

Oslo, Norway, May 7, 2021 – Vaccibody AS announced that primary insider Agnete B. Fredriksen, President and CSO, has today exercised a total of 330,000 warrants with expiry date of May 13, 2021. The 330,00 shares have been subscribed for at a strike price of NOK 0.65 per share.

About Vaccibody

Vaccibody AS, is a clinical-stage biopharmaceutical company, dedicated to the discovery and development of vaccines and novel immunotherapies. The Company develops vaccines for the treatment cancer and infectious diseases. Vaccibody's vaccine technology specifically targets antigens to Antigen Presenting Cells, which are essential for inducing rapid, strong and longlasting antigen-specific immune responses and elicit efficacious clinical responses. Its lead product candidates include VB10.NEO, a cancer neoantigen vaccine, which is exclusively outlicensed to Genentech and is in phase I/IIa clinical trial for the treatment of melanoma, lung- , head and neck, renal-, and bladder cancer; and VB10.16, a therapeutic vaccine for the treatment of human papilloma virus 16 induced malignancies, such as cervical cancer and cancer of the head & neck. Further, the Company has collaborations with Roche and Nektar Therapeutics within oncology.

Additionally, Vaccibody intends to leverage the potential of its platform in infectious disease indications, including its second-generation COVID-19 vaccine program, VB10.COV2.

Vaccibody's shares are traded on Euronext Growth (Oslo), a trading platform operated by Euronext, the leading Pan-European market infrastructure. The ticker code is VACC. Further information about Vaccibody may be found at http://www.vaccibody.com

Contact for Vaccibody:

CEO Michael Engsig Vaccibody AS Cell: +45 6173 1509 [email protected]

1 Details of the person discharging managerial responsibilities
a) Name Agnete Brunsvik Fredriksen
b) Position President and CSO
2 Reason for notification
a) Initial notification/
Amendment
Initial
3 Details of issuer
a) Name Vaccibody AS
b) LEI 254900UKQHWYZJD22017
বা 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
Warrants with shares in Vaccibody AS (ISIN: NO0010714785) as
underlying
b) Nature of the
transaction
Exercise of rights
C) Price(s) and volume(s) Price(s) Volume(s)
0.65 330,000
Aggregated information Price(s) Volume(s)
-Average price and 0.65 330,000
aggregated volume
el Date of the transaction 07.05.2021
f) Place of the transaction MERK - Euronext Growth Oslo