Vitrolife

Transaction in Own Shares • Jul 19, 2021

Press Release July 19, 2021 Gothenburg, Sweden

Vitrolife's share buyback program completed

During the period July 15, 2021 until July 16, 2021, Vitrolife AB (publ) has repurchased a total of 52,568 shares as part of the buyback program introduced by the Board of Directors to secure the obligations of Vitrolife (including social security contributions) relating to the long-term incentive program LTIP2021. As a result, the buyback program, which Vitrolife announced on July 14, 2021, is hereby completed since the maximum amount of shares (52,568) has been repurchased.

The buyback program was carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation").

During the period July 15, 2021 until July 16, 2021, shares were repurchased as follows:

July 15, 2021: Aggregated daily volume (number of shares): 26,284 Weighted average share price per day (SEK): 434,1554 Total daily transaction value (SEK): 11,411,341

July 16, 2021: Aggregated daily volume (number of shares): 26,284 Weighted average share price per day (SEK): 434,1478 Total daily transaction value (SEK): 11,411,141

All acquisitions have been carried out on Nasdaq Stockholm by SEB on behalf of Vitrolife. Following the acquisitions above, Vitrolife's holding of own shares amounts to 52,568. The total number of shares in Vitrolife is 118,195,878.

Gothenburg, July 19, 2021 VITROLIFE AB (publ) Thomas Axelsson, CEO

Contact persons:

Thomas Axelsson, CEO, tel: +46 31 721 80 01 Mikael Engblom, CFO, tel: +46 31 721 80 14

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Vitrolife AB (publ), Box 9080, SE-400 92 Gothenburg. Corporate ID number 556354-3452. Tel: +46 31 721 80 00. Fax: +46 31 721 80 99. E-mail: info@vitrolife.com. Website: www.vitrolife.com

The information was submitted for publication, through the agency of the contact persons set out above, at 8.30 am CET on July 19, 2021.

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.