Photocure ASA: Transactions made under share buyback program

31 Mar 2025 22:48 CEST

Oslo, Norway, 31 March 2025: Reference is made to the stock exchange
announcement made by Photocure ASA ("Photocure" or the "Company") on 19 March
2025 of the launch of Photocure's program to repurchase up to 200,000 of its own
shares for a total maximum amount of NOK 20 million during the period from 20
March 2025, until no later than the annual general meeting in 2025, pursuant to
an agreement with DNB Markets.

PHO: Transactions made under share buyback program

For the period from and including 19 March 2025, through 28 March 2025, the
Company purchased a total of 179,648 shares at an average price of NOK 57.57 per
share, all purchased as ordinary market purchases on Euronext Oslo Børs. Please
find below the transaction overview:

+-----------+----------------+-------------------+-----------------+
|Date |Aggregated daily|Weighted average |Total daily |
| |volume (#shares)|share price per day|transaction value|
| | |(NOK) |(NOK) |
+-----------+----------------+-------------------+-----------------+
|20.03.2025 |26 492 |57.42 |1 519 695 |
+-----------+----------------+-------------------+-----------------+
|21.03.2025 |27 143 |56.51 |1 536 700 |
+-----------+----------------+-------------------+-----------------+
|24.03.2025 |27 113 |56.85 |1 542 420 |
+-----------+----------------+-------------------+-----------------+
|25.03.2025 |26 945 |58.87 |1 577 298 |
+-----------+----------------+-------------------+-----------------+
|26.03.2025 |28 276 |58.10 |1 645 615 |
+-----------+----------------+-------------------+-----------------+
|27.03.2025 |22 574 |57.65 |1 303 154 |
+-----------+----------------+-------------------+-----------------+
|28.03.2025 |21 105 |57.70 |1 217 760 |
+-----------+----------------+-------------------+-----------------+
|Accumulated|179 648 |57.57 |10342 644 |
|under the | | | |
|program | | | |
+-----------+----------------+-------------------+-----------------+

The issuer's holding of own shares:

Following the completion of the above transactions, Photocure owns a total of
493,796 of own shares (including 314,148 shares owned prior to the launch of the
buyback program), corresponding to 1.08% of Photocure's share capital.

Appendix:

An overview of all transactions made under the buyback program that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

For further information, please contact:

Erik Dahl

CFO
Photocure ASA
Tel: +4745055000
Email: ed@photocure.com

About Photocure ASA

Photocure: The Bladder Cancer Company delivers transformative solutions to
improve the lives of bladder cancer patients. Our unique technology, making
cancer cells glow bright pink, has led to better health outcomes for patients
worldwide. Photocure is headquartered in Oslo, Norway, and listed on the Oslo
Stock Exchange (OSE: PHO). For more information, please visit us at
www.photocure.com and www.cysview.com. All trademarks mentioned in this release
are protected by law and are registered trademarks of Photocure ASA.

All trademarks mentioned in this release are protected by law and are registered
trademarks of Photocure ASA.

This information is made public by Photocure ASA pursuant to the EU Market Abuse
Regulation and subject to the disclosure requirements pursuant to Section 5-12
of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

642697_Release.pdf
642697_TRADELOG.pdf