EVAXION BIOTECH A/S _____ American Depositary Shares Representing _____ Ordinary Shares UNDERWRITING AGREEMENTUnderwriting Agreement • October 26th, 2021 • Evaxion Biotech a/S • Biological products, (no disgnostic substances) • New York
Contract Type FiledOctober 26th, 2021 Company Industry JurisdictionEvaxion Biotech A/S, a company incorporated under the laws of the Kingdom of Denmark (the “Company”), proposes, subject to the terms and conditions contained herein, to sell to you and the other underwriters (the “Underwriters”) named on Schedule I to this Underwriting Agreement (the “Agreement”), for whom you are acting as Representative (the “Representative”), an aggregate of _____ American Depositary Shares (the “Firm Shares”), each representing one (1) ordinary share, DKK 1 nominal value, of the Company (the “Ordinary Shares”) (“ADSs” shall mean the American Depositary Shares of the Company, each ADS representing one (1) Ordinary Share). The respective amounts of the Firm Shares to be purchased by each of the several Underwriters are set forth opposite their names on Schedule I hereto. In addition, the Company proposes to grant to the Underwriters an option to purchase up to an additional _____ ADSs (the “Option Shares”) from the Company for the purpose of covering over-allotments