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Press release

ChemoTech: Full Management and Board Subscribes to the Warrant Program Adopted by the AGM

Scandinavian ChemoTech

Scandinavian Chemotech AB announces that the entire management team and board of directors have fully subscribed to the warrant programs approved by shareholders at the Annual General Meeting held on 13 May 2024.

The warrant program includes 470,000 warrants allocated to management and 690,000 to the board of directors. Both programs have been fully subscribed, underscoring the strong alignment of interests between company leadership and shareholders.

"This is a clear signal of commitment and confidence from both our board and management in the future of Scandinavian ChemoTech," said Robin Sukhia, Chairman. "The participation serves as a quality stamp for the company and reflects the shared belief in our long-term vision and growth potential."

The Strike Price for the warrants is 4,50 SEK with a subscription period between 1 September 2028 and 31 October 2028. The valuation was made by a third party using the Black and Scholes model to make the program neutral from any discounts or taxable benefits.

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