Photocure ASA: Exercise of employee share options

Oslo, Norway, 3 June 2022: Reference is made to the stock exchange release by Photocure ASA ("Photocure" or the "Company") published on 1 June 2022 regarding exercise of share options. The price for option shares sold by the primary insiders, has been determined at a price of NOK 102.072 per share. The primary insiders having exercised options has used the net proceeds from the sale of option shares to purchase shares in Photocure at a price per share of NOK 102.072 as follows: · Dan Schneider, President and CEO, has purchased 29,435 shares · Erik Dahl, CFO, has purchased 5,887 shares Primary insider notifications pursuant to the market abuse regulation article 19 are attached. For further information, please contact: Photocure CFO Erik Dahl Tel: +47 450 55 000 Email: ed@photocure.com About Photocure ASA Photocure: The Bladder Cancer Company delivers transformative solutions to improve the lives of bladder cancer patients. Our unique technology, making cancer cells glow bright pink, has led to better health outcomes for patients worldwide. Photocure is headquartered in Oslo, Norway, and listed on the Oslo Stock Exchange (OSE: PHO). For more information, please visit us at www.photocure.com, www.hexvix.com or www.cysview.com All trademarks mentioned in this release are protected by law and are registered trademarks of Photocure ASA. This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading Act.