Arctic Bioscience - Mandatory notification of trade

14 Feb 2023 11:51 CET

Daniele Mancinelli, CTO in Arctic Bioscience, has today bought 6.840 shares in
Arctic Bioscience at an average price of NOK 12,05 per share. Following the
transaction, Daniele Mancinelli holds 6.840 shares and 101.570 share options in
Arctic Bioscience personally, and 76.180 shares indirect through 60% ownership
in Futuron AS.

Please refer to the attached notification of trading for further details.

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities
Trading Act § 5-12.

For more information, please contact:

Jone R. Slinning

CFO

Phone: +47 948 75 469

E-mail: jone@arctic-bioscience.com

About Arctic Bioscience

Arctic Bioscience is a biotech company developing and commercializing
pharmaceutical and nutraceutical products based on unique bioactive marine
compounds.

The company is developing HRO350 - a novel investigational drug candidate.
HRO350 is being developed for treatment of patients with mild-to-moderate
psoriasis. This is a large patient group in need of new effective medicines with
beneficial safety profile.

Nutraceuticals from Arctic Bioscience are sold globally as bulk ingredients as
well as finished goods under the ROMEGA® brand.

Arctic Bioscience is led by a team of highly competent people with experience in
developing marine oils and experience from global pharmaceutical companies.

More information:
Access the news on Oslo Bors NewsWeb site

582334_20230214_Appendix_3_Notifying_Transactions_Daniele_Mancinelli.pdf