Subscriptions by primary insiders and employees under Lifecare Employee Share Purchase Program – Registration of new share capital

Bergen, Norway 26.7.22Reference is made to Stock Exchange Announcement 15 July 2022 regardingsubscriptions under Lifecare Employee Share Purchase Program and the share issueresolved by Lifecare's Board of Directors.

Employees in the Lifecare Group have been allocated in total 124 719 shares, ofwhich primary insiders Joacim Holter (Lifecare CEO) and Prof. Andreas Pfützner(Lifecare CSO) both have been allocated 20 000 shares representing theindividual maximum subscription under the program.

The share capital increase has now been registered with the Norwegian Registerof Business Enterprises (Nw. Foretaksregisteret). The new share capital of theCompany is NOK 39 946 296,20, divided into 99 865 742 shares, each with anominal value of NOK 0.4 Further informationJoacim Holter, CEO, Lifecare AS,, +47 40 05 90 40

This information is considered to be inside information pursuant to the EUMarket Abuse Regulation and is subject to the disclosure requirements pursuantto Section 5-12 the Norwegian Securities Trading Act. This stock exchangeannouncement was published by Joacim Holter, CEO at Lifecare AS, on 26.7.2022 at10:00 CET.