Cereno Scientific AB

Every warrant of series TO3 gives the right to subscribe for one (1) new share of series B in the Company. The subscription price for subscription of shares through the exercise of warrants corresponds to 70 percent of the volume-weighted average price paid for the Company’s shares during the period from February 19, 2024, until and including March 1, 2024, but not less than the share’s quota value (currently SEK 0.10) and not more than SEK 1.60.

The exercise period for subscription of shares through the exercise of the warrants of series TO3 will take place from March 5, 2024, until and including March 19, 2024.

Subscription and guarantee commitments: 70%.