Notification for disclosure of share participation

Sopharma AD (the “Company”) announces that on 16 November 2016 the Company received a notification for the sale of 342 680 shares, representing 0.25% of its capital, by ZUPF Allianz Bulgaria. After the transaction the share of ZUPF Allianz Bulgaria in the capital of Sopharma AD reached 4.80%.

The date of the registration of the transaction with the Central Depository is 11 November 2016.