SoftOx Solutions AS — Share Issue/Capital Change 2021

Feb 2, 2021

SoftOx Solutions AS: Exercise of share options and share capital increase

SoftOx Solutions AS: Exercise of share options and share capital increase

Primary insiders of SoftOx Solutions AS have exercised a total of 83 312 options distributed as follows:

- Glenn Gundersen, Medical Director at SoftOx Solutions AS, has exercised a total of 1 000 shares at strike price of NOK 30 per share.

- Hans Petter Grette, Director Sales and Marketing at SoftOx Solutions AS, has exercised a total of 1 312 shares at strike price of NOK 30 per share.

- Ingrid Juven, Member of Advisory Board in SoftOx Solutions AS, has exercised a total of 70 000 shares at strike price of NOK 12,80 per share.

- Geir Utigard, CMC at SoftOx Solutions AS, has exercised a total of 11 000 shares at strike price of NOK 30 per share.

Each option gives a right to receive one share in SoftOx Solutions AS. The share capital of SoftOx Solutions AS will be NOK 176 446,04 consisting of 8 822 302 shares, each with a par value of NOK 0,02. The share issues will be registered in The Register of Business Enterprises (Foretaksregisteret).

For further information, please contact:

Geir Almås, CEO of SoftOx Solutions AS

Mail: geir.almaas@soft-ox.com

Mobile: +47 977 59 071

About SoftOx Solutions AS

SoftOx Solutions AS (SoftOx, listed on the Oslo Stock Exchange Euronext Growth)

is a Norwegian MedTech company based in Oslo with the aim of helping to combat

major threats to human health, namely the emergence of antimicrobial resistance

(AMR), biofilm infections in chronic wounds and the spread of viruses. For more

information on SoftOx, visit www.soft-ox.com