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Photocure ASA

Share Issue/Capital Change • Jun 8, 2020

3714_rns_2020-06-08_7159e06d-f8ea-4b53-bda6-6ba3774d19da.pdf

Share Issue/Capital Change

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Photocure ASA - share capital increase registered

Oslo, Norway, 8 June 2020: Reference is made to the stock exchange announcement by Photocure ASA ("Photocure") published 2 May 2019 regarding a share capital increase as part of the employee long-term incentive program for restricted shares in the company.

The issuance of 10,245 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of Photocure is NOK 12,055,010 divided on 24,110,020 shares, each with a par value of NOK 0.50.

For further information, please contact: Photocure CFO Erik Dahl Tel: +47 450 55 000 E-mail: [email protected]

www.photocure.com

This information is subject of the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act.