Emplicure AB (publ) ("Emplicure" or the "Company") announces the outcome of the exercise of warrants of series TO1, which were issued during the second quarter of 2021. A total of 5,902,512 warrants of series TO1 were exercised, corresponding to approximately 61.5 percent of outstanding warrants of series TO1, for subscription of 5,902,512 shares at a subscription price of SEK 2.09 per share. Through the exercise of the warrants of series TO1, Emplicure receives approximately SEK 12.3 million before issue costs.

Johan Wieslander, who is a board member of Emplicure AB (publ) ("Emplicure" or the "Company"), has acquired an additional 1,500,000 warrants of series TO1, in addition to the warrants previously held by him that have already been exercised for subscription of shares in the Company. Johan Wieslander  has exercised the the additional 1,500,000 warrants for subscription of 1,500,000 shares in the Company, meaning that the Company receives approximately SEK 3.1 million.

Today, May 11 2022, is the last day for trading with warrants of series TO1 in Emplicure AB (publ) ("Emplicure" or the "Company"). The subscription period runs up to and including May 13 2022. Each warrant of series TO1 entitles the holder to subscribe for one (1) new share in the Company at a price of SEK 2.09 per share.

Members of the board of directors and management team of Emplicure AB (publ) ("Emplicure" or the "Company") intend to exercise held warrants of series TO1 and enter into a lock-up undertaking comprising all securities held by such persons at the time of the undertaking as well as the shares obtained through exercise of the warrants of series TO1. The number of warrants of series TO1 that the board of directors and the management team intend to exercise amounts to 588,227 warrants, corresponding to 6.1 percent of outstanding warrants of series TO1, corresponding to a subscription of 588,277 new shares to a value of approximately SEK 1.2 million. The lock-up commitments comprise 31.5 percent of the shares in the Company, calculated based on the number of shares in the Company at the time of this press release, and the commitments run up to and including 31 December 2022. The lock-up commitments also include the subscribed shares in connection with the exercise of warrants of series TO1. If all the warrants of series TO1 are exercised, the lock-up commitments will comprise 23.4 percent of the shares in the Company.

Today, April 29 2022, the subscription period for warrants of series TO1 in Emplicure AB (publ) ("Emplicure" or "the Company") begins. The subscription period runs up to and including 13 May 2022. Each warrant of series TO1 entitles the holder to subscribe for one (1) new share in the Company at a price of SEK 2.09 per share. In order for the warrants not to expire without value, it is required that the holder actively subscribes for shares no later than 13 May 2022, or alternatively sells the warrants no later than 11 May 2022.

During the second quarter of 2021, Emplicure AB (publ) ("Emplicure" or "the Company") issued 9,600,000 warrants of series TO1. Each warrant entitles the holder to subscribe for one (1) new share in the Company. According to the board of directors' resolution, which was resolved pursuant to the authorization by the annual general meeting held on 13 April 2021, the subscription price for the warrants of series TO1 shall be set at 70 percent of the volume-weighted average price of the Company's share on Nasdaq First North Growth Market during the measurement period from and including 12 April 2022 up to and including 27 April 2022, provided however that the subscription price may not be determined to an amount less than the quota value for the Company's shares and not be determined to an amount exceeding SEK 6.23 per share. The volume-weighted average price of the Company's share during the measurement period amounted to approximately SEK 2.98 and the subscription price has thus been set at SEK 2.09. Subscription of shares with through the exercise of warrants of series TO1 shall be made during the period from and including 29 April 2022 up to and including 13 May 2022.

Under årets första kvartal har vi tagit viktiga steg i arbetet med att vidareutveckla och optimera formuleringarna i våra två huvudprojekt, Empli03 och Amp01, där vi följer den plan vi presenterade i samband med börsintroduktionen.

Our objective with Amp01 is to offer an enhanced customer experience through a significantly longer release profile of both nicotine and flavor, than what exists on the market today

Amplicon will premiere two products at the Global Forum on Nicotine, which will be held in Warsaw on 16-18 June 2022. The world's largest annual conference in the tobacco and nicotine industry attracts a large number of visitors with experts, media, consumers, and industry professionals from many countries.

The annual general meeting in Emplicure AB (publ) (the "Company") was held on Wednesday 6 April 2022 in the premises of United Spaces, Rådhuset Vaksalagatan 2, Uppsala.