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Faron Pharmaceuticals Ltd: Holding(s) in Company

Faron Pharmaceuticals Ltd | Company announcement | December 04, 2025 at
18:00:00 EET

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           |          |           |               |       |          |   |
| acquisition  |          |           |               |       |          |   |
| or disposal  |          |           |               |       |          |   |
| of financial |          |           |               |       |          |   |
| instruments  |          |           |               |       |          |   |
+--------------+----------+-----------+---------------+-------+----------+---+
| An event     |          |           |               |       |          |   |
| changing the |          |           |               |       |          |   |
| breakdown of |          |           |               |       |          |   |
| voting       |          |           |               |       |          |   |
| rights       |          |           |               |       |          |   |
+--------------+----------+-----------+---------------+-------+----------+---+
| Other        |          |           |               |       |          | x |
| (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   |          |           | 03.12.2025    |       |          |   |
| which the    |          |           |               |       |          |   |
| threshold    |          |           |               |       |          |   |
| was crossed  |          |           |               |       |          |   |
| or reached   |          |           |               |       |          |   |
| vi:          |          |           |               |       |          |   |
+--------------+----------+-----------+---------------+-------+----------+---+
| 6. Date on   |          |           | 04.12.2025    |       |          |   |
| 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    | financial |               | (8.A  | rights   |   |
|              |  shares  | instruments |               |   +   | held in  |   |
|              |  (total  |           |               | 8.B)  | issuer   |   |
|              | of 8. A) | (total of |               |       | (8.A +   |   |
|              |          |  8.B 1 +  |               |       | 8.B) vii |   |
|              |          |  8.B 2)   |               |       |          |   |
+--------------+----------+-----------+---------------+-------+----------+---+
| Resulting    | 14,96    |           |               |       |          |   |
| situation on |          |           |               |       | 17.120.400 |   |
| the date on  |          |           |               |       |          |   |
| which        |          |           |               |       |          |   |
| threshold    |          |           |               |       |          |   |
| was crossed  |          |           |               |       |          |   |
| or reached   |          |           |               |       |          |   |
+--------------+----------+-----------+---------------+-------+----------+---+
| Position of  | 15,18    |           |               |       |          |   |
| previous     |          |           |               |       | 17.225.396 |   |
| 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 |      |      |      |      |      |      |      |      |      |
|              |      | 5.185.528 |      | 11.934.872 |      |      | 4,53% |      | 10,43% |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| SUBTOTAL 8.  |      |      |      |      |      |      |      |      |      |
| A            |      | 17.120.400 |      |      |      |      | 14,96% |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
|              |      |      |      |      |      |      |      |      |      |
+--------------+------+------+------+------+------+------+------+------+------+
| 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       | 4,53%          |                 | 4,53%          |   |
| (Direct)           |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Acme Investments   | 10,43%         |                 | 10,43%         |   |
| 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    |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+
| Faron press        |                |                 |                |   |
| release dated      |                |                 |                |   |
| 3.12.2025, number  |                |                 |                |   |
| of registered      |                |                 |                |   |
| company shares     |                |                 |                |   |
| increased to       |                |                 |                |   |
| 114.420.465 due to |                |                 |                |   |
| share issue.       |                |                 |                |   |
| Acme Investment    |                |                 |                |   |
| SPF Sarl is fully  |                |                 |                |   |
| owned by Timo      |                |                 |                |   |
| Syrjälä            |                |                 |                |   |
+--------------------+----------------+-----------------+----------------+---+

+------------------------------------------+---------------------------------+
| Place of completion                      | Monaco                          |
+------------------------------------------+---------------------------------+
| Date of completion                       | 04.12.2025                      |
+------------------------------------------+---------------------------------+

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