FARON PHARMACEUTICALS LTD: HOLDING(S) IN COMPANY

Faron Pharmaceuticals OyAnnouncement

Yesterday 14:15

Faron Pharmaceuticals Ltd | Company announcement | October 21, 2025 at
16:10:00 EEST

TR-1: Standard form for notification of major holdings

+--------------+-----------+-----------+--------------+-------+----------+---+
| NOTIFICATION |           |           |              |       |          |   |
| OF MAJOR     |           |           |              |       |          |   |
| HOLDINGS (to |           |           |              |       |          |   |
| be sent to   |           |           |              |       |          |   |
| the relevant |           |           |              |       |          |   |
| issuer and   |           |           |              |       |          |   |
| to the FCA   |           |           |              |       |          |   |
| in Microsoft |           |           |              |       |          |   |
| Word format  |           |           |              |       |          |   |
| if possible) |           |           |              |       |          |   |
| i            |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
|              |           |           |              |       |          |   |
|              |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 1a. Identity |           |           |    Faron     |       |          |   |
| of the       |           |           | Pharmaceuticals |       |          |   |
| issuer or    |           |           |     Ltd      |       |          |   |
| the          |           |           |              |       |          |   |
| underlying   |           |           |              |       |          |   |
| issuer of    |           |           |              |       |          |   |
| existing     |           |           |              |       |          |   |
| shares to    |           |           |              |       |          |   |
| which voting |           |           |              |       |          |   |
| rights are   |           |           |              |       |          |   |
| attached ii: |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 1b. Please   |           |           |              |       |          |   |
| indicate if  |           |           |              |       |          |   |
| the issuer   |           |           |              |       |          |   |
| is a non-UK  |           |           |              |       |          |   |
| issuer       |           |           |              |       |          |   |
| (please mark |           |           |              |       |          |   |
| with an “X”  |           |           |              |       |          |   |
| if           |           |           |              |       |          |   |
| appropriate) |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| Non-UK       |           |           |              |       |          | X |
| issuer       |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 2. Reason    |           |           |              |       |          |   |
| for the      |           |           |              |       |          |   |
| notification |           |           |              |       |          |   |
| (please mark |           |           |              |       |          |   |
| the          |           |           |              |       |          |   |
| appropriate  |           |           |              |       |          |   |
| box or boxes |           |           |              |       |          |   |
| with an “X”) |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| An           |           |           |              |       |          |   |
| acquisition  |           |           |              |       |          |   |
| or disposal  |           |           |              |       |          |   |
| of voting    |           |           |              |       |          |   |
| rights       |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| An           |           |           |              |       |          | X |
| acquisition  |           |           |              |       |          |   |
| or disposal  |           |           |              |       |          |   |
| of financial |           |           |              |       |          |   |
| instruments  |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| An event     |           |           |              |       |          |   |
| changing the |           |           |              |       |          |   |
| breakdown of |           |           |              |       |          |   |
| voting       |           |           |              |       |          |   |
| rights       |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| Other        |           |           |              |       |          |   |
| (please      |           |           |              |       |          |   |
| specify)     |           |           |              |       |          |   |
| iii: Change  |           |           |              |       |          |   |
| due the      |           |           |              |       |          |   |
| Private      |           |           |              |       |          |   |
| Placement    |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 3. Details   |           |           |              |       |          |   |
| of person    |           |           |              |       |          |   |
| subject to   |           |           |              |       |          |   |
| the          |           |           |              |       |          |   |
| notification |           |           |              |       |          |   |
| obligation   |           |           |              |       |          |   |
| iv           |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| Name         |           |           | Timo Syrjälä |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| City and     |           |           | Monaco       |       |          |   |
| country of   |           |           |              |       |          |   |
| registered   |           |           |              |       |          |   |
| office (if   |           |           |              |       |          |   |
| applicable)  |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 4. Full name |           |           |              |       |          |   |
| of           |           |           |              |       |          |   |
| shareholder(s) |           |           |              |       |          |   |
| (if          |           |           |              |       |          |   |
| different    |           |           |              |       |          |   |
| from 3.) v   |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| Name         |           |           | Acme         |       |          |   |
|              |           |           | Investments  |       |          |   |
|              |           |           | SPF Sarl     |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| City and     |           |           | Luxembourg   |       |          |   |
| country of   |           |           |              |       |          |   |
| registered   |           |           |              |       |          |   |
| office (if   |           |           |              |       |          |   |
| applicable)  |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 5. Date on   |           |           | 20.10.2025   |       |          |   |
| which the    |           |           |              |       |          |   |
| threshold    |           |           |              |       |          |   |
| was crossed  |           |           |              |       |          |   |
| or reached   |           |           |              |       |          |   |
| vi:          |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 6. Date on   |           |           | 20.10.2025   |       |          |   |
| which issuer |           |           |              |       |          |   |
| notified     |           |           |              |       |          |   |
| (DD/MM/YYYY): |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| 7. Total     |           |           |              |       |          |   |
| positions of |           |           |              |       |          |   |
| person(s)    |           |           |              |       |          |   |
| subject to   |           |           |              |       |          |   |
| the          |           |           |              |       |          |   |
| notification |           |           |              |       |          |   |
| obligation   |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
|              |   % of    |   % of    |              | Total | Total    |   |
|              |  voting   |  voting   |              |  of   | number   |   |
|              |  rights   |  rights   |              | both  | of       |   |
|              | attached  |  through  |              | in %  | voting   |   |
|              | to shares | financial |              | (8.A  | rights   |   |
|              | (total of | instruments |              |   +   | held in  |   |
|              |   8. A)   |           |              | 8.B)  | issuer   |   |
|              |           | (total of |              |       | (8.A +   |   |
|              |           |  8.B 1 +  |              |       | 8.B) vii |   |
|              |           |  8.B 2)   |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| Resulting    | 15,18     |           |              |       |          |   |
| situation on |           |           |              |       | 17.225.396 |   |
| the date on  |           |           |              |       |          |   |
| which        |           |           |              |       |          |   |
| threshold    |           |           |              |       |          |   |
| was crossed  |           |           |              |       |          |   |
| or reached   |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+
| Position of  | 15,00     |           |              |       |          |   |
| previous     | (14,997%) |           |              |       | 16.918.396 |   |
| notification |           |           |              |       |          |   |
| (if          |           |           |              |       |          |   |
| applicable)  |           |           |              |       |          |   |
+--------------+-----------+-----------+--------------+-------+----------+---+

+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
| 8. Notified  |      |      |      |      |      |      |      |      |      |
| details of   |      |      |      |      |      |      |      |      |      |
| the          |      |      |      |      |      |      |      |      |      |
| resulting    |      |      |      |      |      |      |      |      |      |
| situation on |      |      |      |      |      |      |      |      |      |
| the date on  |      |      |      |      |      |      |      |      |      |
| which the    |      |      |      |      |      |      |      |      |      |
| threshold    |      |      |      |      |      |      |      |      |      |
| was crossed  |      |      |      |      |      |      |      |      |      |
| or reached   |      |      |      |      |      |      |      |      |      |
| viii         |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| A: Voting    |      |      |      |      |      |      |      |      |      |
| rights       |      |      |      |      |      |      |      |      |      |
| attached to  |      |      |      |      |      |      |      |      |      |
| shares       |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| Class/type   |      |      |      |      |      |      | % of |      |      |
| of           |      | Number |      |      |      |      | voting |      |      |
| shares       |      | of   |      |      |      |      | rights |      |      |
| ISIN code    |      | voting |      |      |      |      |      |      |      |
| (if          |      | rights |      |      |      |      |      |      |      |
| possible)    |      | ix   |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      | Direct |      | Indirect |      |      | Direct |      | Indirect |
|              |      |      |      |      |      |      |      |      |      |
|              |      | (DTR5.1) |      | (DTR5.2.1) |      |      | (DTR5.1) |      | (DTR5.2.1) |
+--------------+------+------+------+------+------+------+------+------+------+
| FI4000153309 |      |      |      |      |      |      |      |      |      |
|              |      | 5.296.452 |      | 11.928.944 |      |      | 4,67% |      | 10,51% |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| SUBTOTAL 8.  |      |      |      |      |      |      |      |      |      |
| A            |      | 17.225.396 |      |      |      |      | 15,18% |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| B 1:         |      |      |      |      |      |      |      |      |      |
| Financial    |      |      |      |      |      |      |      |      |      |
| Instruments  |      |      |      |      |      |      |      |      |      |
| according to |      |      |      |      |      |      |      |      |      |
| DTR5.3.1R    |      |      |      |      |      |      |      |      |      |
| (1) (a)      |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| Type of      |      |      |      |      |      |      |      |      | % of |
| financial    |      | Expiration | Exercise/ |      |      | Number |      |      | voting |
| instrument   |      | date |      |      |      | of   |      |      | rights |
|              |      | x    |      |      |      | voting |      |      |      |
|              |      |      | Conversion |      |      | rights |      |      |      |
|              |      |      | Period |      |      | that |      |      |      |
|              |      |      | xi   |      |      | may  |      |      |      |
|              |      |      |      |      |      | be   |      |      |      |
|              |      |      |      |      |      | acquired |      |      |      |
|              |      |      |      |      |      | if   |      |      |      |
|              |      |      |      |      |      | the  |      |      |      |
|              |      |      |      |      |      | instrument |      |      |      |
|              |      |      |      |      |      | is   |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      | exercised/converted. |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      | SUBTOTAL |      |      |      |      |      |      |
|              |      |      | 8. B |      |      |      |      |      |      |
|              |      |      | 1    |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| B 2:         |      |      |      |      |      |      |      |      |      |
| Financial    |      |      |      |      |      |      |      |      |      |
| Instruments  |      |      |      |      |      |      |      |      |      |
| with similar |      |      |      |      |      |      |      |      |      |
| economic     |      |      |      |      |      |      |      |      |      |
| effect       |      |      |      |      |      |      |      |      |      |
| according to |      |      |      |      |      |      |      |      |      |
| DTR5.3.1R    |      |      |      |      |      |      |      |      |      |
| (1) (b)      |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| Type of      |      |      |      |      |      |      |      |      | % of |
| financial    | Expiration |      | Exercise/ |      | Physical |      |      | Number | voting |
| instrument   | date |      |      |      | or   |      |      | of   | rights |
|              | x    |      |      |      | cash |      |      | voting |      |
|              |      |      | Conversion |      |      |      |      | rights |      |
|              |      |      | Period |      | Settlement |      |      |      |      |
|              |      |      | xi   |      | xii  |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      | SUBTOTAL |      |      |      |      |
|              |      |      |      |      | 8.B.2 |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+

+--------------------+----------------+-----------------+----------------+---+
| 9. Information in  |                |                 |                |   |
| relation to the    |                |                 |                |   |
| person subject to  |                |                 |                |   |
| the notification   |                |                 |                |   |
| obligation (please |                |                 |                |   |
| mark the           |                |                 |                |   |
| applicable box     |                |                 |                |   |
| with an “X”)       |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Person subject to  |                |                 |                |   |
| the notification   |                |                 |                |   |
| obligation is not  |                |                 |                |   |
| controlled by any  |                |                 |                |   |
| natural person or  |                |                 |                |   |
| legal entity and   |                |                 |                |   |
| does not control   |                |                 |                |   |
| any other          |                |                 |                |   |
| undertaking(s)     |                |                 |                |   |
| holding directly   |                |                 |                |   |
| or indirectly an   |                |                 |                |   |
| interest in the    |                |                 |                |   |
| (underlying)       |                |                 |                |   |
| issuer xiii        |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Full chain of      |                |                 |                | X |
| controlled         |                |                 |                |   |
| undertakings       |                |                 |                |   |
| through which the  |                |                 |                |   |
| voting rights      |                |                 |                |   |
| and/or the         |                |                 |                |   |
| financial          |                |                 |                |   |
| instruments are    |                |                 |                |   |
| effectively held   |                |                 |                |   |
| starting with the  |                |                 |                |   |
| ultimate           |                |                 |                |   |
| controlling        |                |                 |                |   |
| natural person or  |                |                 |                |   |
| legal entity       |                |                 |                |   |
| (please add        |                |                 |                |   |
| additional rows as |                |                 |                |   |
| necessary) xiv     |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
|      Name xv       |  % of voting   |   % of voting   | Total of both  |   |
|                    |  rights if it  | rights through  |  if it equals  |   |
|                    |  equals or is  |    financial    |  or is higher  |   |
|                    |  higher than   | instruments if  |    than the    |   |
|                    | the notifiable | it equals or is |   notifiable   |   |
|                    |   threshold    | higher than the |   threshold    |   |
|                    |                |   notifiable    |                |   |
|                    |                |    threshold    |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Timo Syrjälä       | 4,67%          |                 | 4,67%          |   |
| (Direct)           |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Acme Investments   | 10,51%         |                 | 10,51%         |   |
| SPF Sarl           |                |                 |                |   |
| (Indirect)         |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
|                    |                |                 |                |   |
|                    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
|                    |                |                 |                |   |
|                    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
|                    |                |                 |                |   |
|                    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
|                    |                |                 |                |   |
|                    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| 10. In case of     |                |                 |                |   |
| proxy voting,      |                |                 |                |   |
| please identify:   |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Name of the proxy  |                |                 |                |   |
| holder             |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| The number and %   |                |                 |                |   |
| of voting rights   |                |                 |                |   |
| held               |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| The date until     |                |                 |                |   |
| which the voting   |                |                 |                |   |
| rights will be     |                |                 |                |   |
| held               |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
|                    |                |                 |                |   |
|                    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| 11. Additional     |                |                 |                |   |
| information xvi    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Acme Investment    |                |                 |                |   |
| SPF Sarl is fully  |                |                 |                |   |
| owned by Timo      |                |                 |                |   |
| Syrjälä            |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+

+------------------------------------------+---------------------------------+
| Place of completion                      | Monaco                          |
+------------------------------------------+---------------------------------+
| Date of completion                       | 20.10.2025                      |
+------------------------------------------+---------------------------------+