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SoftOx Solutions AS Share Issue/Capital Change 2024

Apr 3, 2024

3747_dirs_2024-04-03_e19bfa21-df42-41a7-94ad-9223337d1b83.pdf

Share Issue/Capital Change

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Subscription of shares in private placement/debt conversion and grant of share warrants to primary insiders

Reference is made to Soft-Ox Solution AS' ("Company") announcement today regarding the extraordinary general meeting.

The general meeting resolved today to issue the following shares and warrants to primary insiders and their closely related companies:

Total number of
Number Total shares owned by
of shares subscription primary/closely related person
Name and posistion allocated amount after transaction Warrents
Geir Almås COB 1) 14 161 590 2 832 318 14 901 850 1 944 000
Thomas Bjarnsholt, CSO 2) 3 605 960 721 192 3 605 960 895 000
Henrik Nilsen, board member 3) 6 825 775 1 365 155 7 100 417 171 875
Olav Jarlsby, Board member 1 252 070 250 414 1 276 170 171 875
Adrian Bignami, board member 4) 2 603 330 520 666 2 603 330 171 875
Jørgen Berggrav, Board member 1 252 070 250 414 1 252 070 171 875
Elin Jørgensen (Project leader) 200 000
Ingrid Juven (COM) 5) 70 000 1 080 000
Christian Harstad (ICEO) 1 194 750

The warrant/shares are subscribed for, and existing shares are owned by his/hers wholly owned subsidiary ;

1) Hermod Farms AS

2) Medical Consulting AS

3) Cap Partners ApS

4) Nordic Scientific

5) Bonica AS

The subscription price per shares is NOK 0,2.

The warrants have a strike price of NOK 2 per share and can be exercised within 5 years from the resolution by the general meeting.