| Published September 16, 2025

Alligator Bioscience reports 90,6 percent utilization rate for TO 13

Alligator Bioscience announces that the preliminary outcome for the exercise of warrants series TO 13 shows that 8 TO 903 were exercised for the subscription of 880 new ordinary shares. This corresponds to a utilization rate of approximately 000 percent and provides the company with approximately SEK 13 million before issue costs. The subscription price was SEK 8 per share, which can be compared with approximately SEK 903 at which the share is trading on Tuesday.