Lifecare ASA: Mandatory notification of trade

05 Mar 2026 10:40 CET

Reference is made to the stock exchange announcement by Lifecare ASA (the
"Company") on 2 March 2026 regarding the commencement of the exercise period
for Warrants Series 1 issued in connection with the partially underwritten
rights issue completed in January 2026. Each warrant entitles the holder to
subscribe for one new share in the Company at an exercise price of NOK 0.3342
per share.

The exercise period for Warrants Series 1 commenced on 2 March 2026 and
expires at 16:30 (CET) on 13 March 2026 (the "Exercise Period").

Warrants Series 1 are listed and tradable on Euronext Oslo Børs under the
ticker code "LIFEJ". Trading in Warrants Series 1 will be halted five trading
days prior to the expiry of the Exercise Period in order to facilitate
settlement of exercised warrants. Consequently, Warrants Series 1 will be
tradable up to and including 6 March 2026 at 16:30 (CET).

Warrants Series 1 not sold on or before 6 March 2026 at 16:30 (CET) or not
exercised on or before 13 March 2026 at 16:30 (CET) will lapse without
compensation. Holders of Warrants Series 1 who do not exercise their warrants
may experience dilution of their shareholding in the Company.

The Company has been informed that Morten Foros Krohnstad, Chair of the Board
and primary insider of the Company, has purchased 1,000,000 Warrants Series 1
at a price of NOK 0.0118 per warrant.

Following this transaction, Morten Foros Krohnstad holds 0 shares and
1,000,000 Warrants Series 1 in the Company.

Please see the attached notification form for further details.

About us
Lifecare ASA is a medical sensor company developing technology for sensing and
monitoring of various body analytes. Lifecare's focus is to bring the next
generation of Continuous Glucose Monitoring systems to market. Lifecare
enables osmotic pressure as sensing principle. Lifecare's sensor technology is
suitable for identifying and monitoring the occurrence of a wide range of
analytes and molecules in the human body and in pets.

Contacts
For further information, please contact:

Joacim Holter, CEO, joacim.holter@lifecare.no, +47 40 05 90 40

Renete Kaarvik, CFO, renete.kaarvik@lifecare.no, +47 94 83 82 42

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication,
through the agency of the contact persons set out above, at 2026-03-05 10:40
CET.

More information:
Access the news on Oslo Bors NewsWeb site

667561_Lifecare ASA- Mandatory notification of trade.pdf
667561_260305 PDMR Attachment Morten Foros Krohnstad.pdf