Notification of insider transaction

Realfiction Holding AB (“Realfiction”) announces that CLAPE Holding ApS (“CLAPE”), owned by Realfiction’s founders CEO Clas Dyrholm and Head of R&D Peter Simonsen, sold 136,590 TO1 warrants at a price of 1,10 DKK per warrant to a long-term investor on 15 November 2021. The sole reason for this trade was to make sure that Realfiction receives the funding connected to the exercise of these warrants, as the founders were not able to secure the capital needed themselves. The founders remain strongly committed to the future of the company, with CLAPE owning 3,005,000 shares (16.47% of outstanding shares and votes per 30 September 2021).

The sale was conducted as a so-called block trade by Mangold Fondkommission, in the afternoon of 15 November 2021, to minimize the effect on the regular trading price and volume.