2 October 2026

Oncoinvent ASA – Disclosure of large shareholding

Oslo, 2 October 2026: Reference is made to the stock exchange announcement published by Oncoinvent ASA (the “Company”) on 22 September 2026 regarding completion of a private placement and retail offering of in total 1,650,000 new shares at a subscription price of NOK 90 per share (the “Private Placement”), and the mandatory notification of trade and shareholding disclosure published on 23 September 2026 regarding the allocation of new shares to, and temporary share lending by, Linc AB.

In connection with the Private Placement, Linc AB temporarily lent 555,362 existing and unencumbered shares in the Company to ABG Sundal Collier ASA and DNB Carnegie, a part of DNB Bank ASA, acting as managers in the Private Placement (the “Managers”), solely to facilitate delivery-versus-payment (“DVP”) settlement of shares allocated to investors in the Private Placement. Following registration of the share capital increase pertaining to the Private Placement with the Norwegian Register of Business Enterprises, the Managers have now re-delivered the temporarily lent shares to Linc AB, together with the 192,888 new shares allocated to Linc AB in the Private Placement.

Following re-delivery of all temporarily lent shares and the shares allocated in the Private Placement, Linc AB holds 748,250 shares and votes in the Company, equal to 12.21% of the total number of shares and votes in the Company, thereby crossing above the 5% and 10% reporting thresholds pursuant to the NSTA on a consolidated basis, as also described in the announcement made on 23 September 2026.

This information is subject to the disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.

For further information, please contact:

Oystein Soug, Chief Executive Officer
Email: IR@oncoinvent.com



Øystein Soug

Chief Executive Officer

soug@oncoinvent.com

Oystein Soug has over 15 years of experience in biotechnology, holding several management positions. Most recently, Mr. Soug was CEO of Arxx Therapeutics, where he led the company to initiate the clinical programme and was responsible for the merger with Dutch pharma company Oxitope Pharma to create Calluna Pharma. Prior to Arxx, he served as CFO and then CEO of Targovax, an Oslo listed biotechnology company, which went public during Mr. Soug’s tenure. Mr. Soug started his career in biotech as CFO of Oslo-listed radiopharmaceutical company Algeta. During this period, the company conducted a successful phase 3 trial, launched its radium-223 based prostate cancer drug Xofigo® and out-licensed the drug. Mr. Soug co-led the sale of the company to Bayer in 2014.

Mr. Soug holds an MSc in Economics and
Financial Markets from Universität St. Gallen in Switzerland in 1997

Anders Månsson

Chief Executive Officer

mansson@oncoinvent.com

Anders Månsson is a business executive with over 25 years of experience from management roles in the pharmaceutical industry, focusing on commercialisation and M&A + licensing. Mr. Månsson has held leading roles in the industry both in his native Sweden and in other European countries, and he has worked extensively with the USA and Asia as focus markets in global roles.

Mr. Månsson holds a B.Sc. degree in Business & Economics from Lund’s University in Sweden as well as an MBA from Business School Lausanne in Switzerland. He has a broad-based industrial experience, featuring both large multinational companies such as Meda, Ferring & LEO Pharma, and including leading roles in start-ups and smaller biotech companies. On top of his executive role in Oncoinvent, Mr. Månsson holds two non-executive director positions serving on the board of EQL Pharma AB as well Immetric AB, the latter being an investment company focusing on life science.