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Regulatory press release

Zelluna ASA: Disclosure of large shareholding

Zelluna
In accordance with the Norwegian Securities Trading Act Section 4-3, Inven2 AS (
"Inven2" ) hereby notifies that its ownership interest in Zelluna ASA
("Zelluna") has fallen below the 10% threshold following the share capital
increase in Zelluna through the private placement on November 3(rd) 2025.

Previous shareholding : 10,79%

New shareholding : 9,01%

Total number of shares held: 2,207,034

The reduction in ownership is due to dilution as result of the private
placement. Inven2 has not sold any shares.

This notification is submitted pursuant to section 4-3 of the Norwegian
Securities Trading Act and the Osl rule Book II - Issuer Rules.
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