Boad of Directors

The Board of Directors of SOPHARMA AD (the “Company”) hereby informs that in order to facilitate the operational work of Sopharma AD, the Board of Directors decided to appoint Ivan Badinski, MPharm, director of Cooperation and Licenses, Sopharma AD as procurator of the company. Mr. Badinski has been working in Sopharma AD since 1997 as a member of the Board of Directors of the Company. At the end of 1997 he became its Chief Commercial Officer, and from August 1998 to October 2000 its CEO, then continued his work in the company and today occupies the position of Cooperation and Licenses Director.

This fact was entered in the Trade Register on 25 September 2015.