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

23 Jan 2026 14:36 CET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S
REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY
OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.

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 a private placement at a subscription price of NOK 0.0725, with Long
State subscribing for 45 000 000 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 48 708 339.88 divided into 2 435 416 994 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.

More information:
Access the news on Oslo Bors NewsWeb site