SoftOx Solutions AS: SoftOx Solutions AS exercises on the financing facility with Long State Investments Limited

28 Nov 2025 14:31 CET

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Reference is made to the stock notice from SoftOx Solutions AS (the "Company")
on 14 August 2025 regarding the financing facility with Long State Investments
Limited.

Softox Solutions AS ("SoftOx") today announces that the board of directors has
resolved on a private placement at a subscription price of NOK 0.0604, with Long
State subscribing for 60 000 000 shares in the Company. The subscription price
corresponds to the procedure outlined in the Equity Placement Agreement. In
accordance with the financing facility, Long State received a placement
commission on market terms.

Following the private placements, the new share capital of the Company will be
NOK 47 808 339.88 divided into 2 390 416 994 shares, each with a par value of
NOK 0.02.

For more information on the financing facility, please see the Company's stock
exchange release dated 14 August 2025.

Deviation from shareholders' preferential rights

The board of directors has considered the private placement in light of the
equal treatment principles under the Norwegian Securities Trading Act and Oslo
Børs' Oslo Rule Book II – Membership and Trading Rules and Oslo Børs' Circular
no. 2/2014, and is of the opinion that the waiver of the preferential rights
inherent in the following private placement is considered necessary in the
interest of time and successful completion in order to secure funding of SoftOx.
Taking into consideration the time, costs, and expected terms of alternative
methods of securing the necessary funding, the board of directors concluded that
the completion of the private placements, including the waiver of the
preferential rights inherent to the private placements, is in the common
interest of the shareholders of SoftOx. Further, the board assessed whether a
subsequent offering should be carried out. As the private placement is limited
and considering the cost inherent in a subsequent offering, the board concluded
that a subsequent offering shall not be carried out.

For further information, please contact:
Ulrik Spork, COB Soft Solutions AS, +45 31 38 83 87
Ingrid Juven, CFO SoftOx Solutions AS, +47 918 76 165
Mail: ir@soft-ox.com

About SoftOx Solutions AS:
SoftOx Solutions AS (ticker: SOFTX) is a clinical-stage pharmaceutical company
listed on Euronext Growth Oslo. The company is developing highly effective
pan-antimicrobial pharmaceuticals targeting bacteria, viruses, and fungi. The
technology is based on extensive research and development in partnership with
leading Nordic research institutes.

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