Zelluna ASA - Mandatory notification of trade

December 8, 2025 12:37 PM EST

Reference is made to the private placement (the "Private Placement") and the retail offering through PrimaryBid announced by Zelluna ASA on 3 November 2025. Please see the attached PDMR-form related to share lending to facilitate settlement of listed shares in tranche 2 of the Private Placement.

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