Press Release

Stockholm, Sweden, April 30, 2024

As previously announced, Mendus AB (publ) (“Mendus”) carried out a capital raise of units in July 2023 wherein the exercise period for the warrants issued in the capital raise was during April. In total, 144,043,202 warrants were exercised for subscription of 144,043,202 shares in Mendus.

As a result thereof, the number of shares and votes in Mendus has changed. The issue of shares subscribed for by way of exercising warrants has resulted in an increase in the number of shares from 863,148,371 shares to 1,007,191,573 shares.

As of April 30, 2024, the last trading day of the month, there was a total of 1,007,191,573 shares and votes in Mendus.

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