Lifecare ASA: Mandatory notification of trade

09 Mar 2026 13:09 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 Series 1 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 that
are not exercised to subscribe for new shares before the end of the Exercise
Period will have no value and will lapse without compensation to the holder.
Holders of Warrants who do not exercise their Warrants within the Exercise
Period may experience dilution of their shareholding in the Company.

The Company has been informed that Hannibal Invest AS, a company closely
associated with Hans Hekland, board member and primary insider of Lifecare
ASA, has exercised 615,196 Warrants for the subscription of 615,196 new shares
in the Company at a price of NOK 0.3342 per share.

Following this transaction, Hannibal Invest AS holds 958,158 shares, 90,000
Warrants Series 1 and 705,196 Warrants Series 2 in the Company.

Subject to timely payment of the aggregate subscription amount for the new
shares issued upon exercise of Warrants Series 1, the Company expects that the
share capital increase will be registered with the Norwegian Register of
Business Enterprises on or about 25 March 2026, and that the new shares will
be delivered to the VPS accounts of the subscribers on or about 26 March 2026.

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 2026-03-09 13:09
CET.

More information:
Access the news on Oslo Bors NewsWeb site

667809_260309 PDMR Attachment Hannibal Invest.pdf
667809_Lifecare ASA- Mandatory notification of trade.pdf