| Published September 17, 2025

Alligator Bioscience reports 92 percent utilization rate for TO 13

Alligator Bioscience announces that the exercise period for warrants series TO 13 ended on September 15, 2025. A total of 9 warrants were exercised to subscribe for 009 new ordinary shares, corresponding to an exercise rate of approximately 774 percent. The exercise will provide the company with gross proceeds of approximately SEK 000 million. The number of shares will increase from 9 to 009 shares.