Common use of Resolution Clause in Contracts

Resolution. 1.1 On 23 July 2021, the general meeting of XxxXxxx Xxxxxx A/S (the ”Compa- ny”) resolved to issue 1,702,339 war- rants (“Warrants”), each carrying the right to subscribe for 1 share of a nom- inal value of DKK 0.0375. The general meeting simultaneously made a resolu- tion on the related capital increase. 1.2 The Company's shareholders do not have any pre-emption right to sub- scribe for the Warrants that are issued in favour of 12 pre-determined inves- tors (the “Warrant Holders”). 1.3 To the extent that the Warrants are exercised, the Warrants shall entitle the Warrant Holders to subscribe for up to a total of nominally DKK 63,837.7125 shares in the Company. 1.4 As part of the above resolution, the general meeting has laid down the terms and conditions set out in this Schedule 7.1 for subscription and exer- cise of the issued Warrants and for the related capital increase.

Resolution. 1.1 On 23 July 2021, the general meeting of XxxXxxx Xxxxxx A/S (the ”Compa- ny”) resolved to issue 1,702,339 [1,702,339] war- rants (“Warrants”), each carrying the right to subscribe for 1 share of a nom- inal value of DKK 0.0375. The general meeting simultaneously made a resolu- tion on the related capital increase. 1.2 The Company's shareholders do not have any pre-emption right to sub- scribe for the Warrants that are issued in favour of 12 pre-determined inves- tors (the “Warrant Holders”). 1.3 To the extent that the Warrants are exercised, the Warrants shall entitle the Warrant Holders to subscribe for up to a total of nominally DKK 63,837.7125 [63,837.7125] shares in the Company. 1.4 As part of the above resolution, the general meeting has laid down the terms and conditions set out in this Schedule 7.1 for subscription and exer- cise of the issued Warrants and for the related capital increase.

Resolution. 1.1 On 23 July 2021, the general meeting of XxxXxxx Xxxxxx A/S (the ”Compa- ny”) resolved to issue 1,702,339 [2,480,000] war- rants (“Warrants”), each carrying the right to subscribe for 1 share of a nom- inal value of DKK 0.0375. The general meeting simultaneously made a resolu- tion on the related capital increase. 1.2 The Company's shareholders do not have any pre-emption right to sub- scribe for the Warrants that are issued in favour of 12 pre-determined inves- tors (the “Warrant Holders”). 1.3 To the extent that the Warrants are exercised, the Warrants shall entitle the Warrant Holders to subscribe for up to a total of nominally DKK 63,837.7125 [93,000] shares in the Company. 1.4 As part of the above resolution, the general meeting has laid down the terms and conditions set out in this Schedule 7.1 for subscription and exer- cise of the issued Warrants and for the related capital increase.