Zelluna ASA - Mandatory notification of trade

Reference is made to the private placement (the "Private Placement") and the retail offering through PrimaryBid (the "PrimaryBid Offering") announced by Zelluna ASA on 3 November 2025. Please see the attached PDMR-forms related to (i) allocation of shares in the Private Placement; and (ii) share lending to facilitate settlement of tranche 1 of the Private Placement and the PrimaryBid Offering.

Attachment

• 20251104 - PDMR attachment

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