Current report 35/2021 – Summary of subscription of ordinary D-series bearer shares in Celon Pharma S.A.

Date prepared: 07/29/2021

Abbreviated name of the issuer: CELON PHARMA S.A.

Subject: Summary of subscription of ordinary D-series bearer shares in Celon Pharma S.A.

Legal basis: Article 56 subs. 1 point 2 of the Act on Public Offering – current and periodical information

Management Board of Celon Pharma S.A. _"The Company”_ provides information regarding the completed subscription of newly issued ordinary D-series shares of the Company, each giving the right to one vote, with a nominal value of PLN 0.1 each. _"Offered Shares"_ held pursuant to Resolution No. 4 of the Extraordinary General Meeting of the Company of February 16, 2021 _current report 9/2021_ and the resolution on the share capital increase under the authorized capital adopted by the Management Board of the Company on May 10, 2021. _current report 22/2021_, as amended by a resolution of the Management Board of the Company of May 25, 2021. _current report 29/2021_:

1. Subscription start and end date:
Subscriptions for the Offered Shares took place from July 2, 2021 to July 12, 2021. Subscriptions and payments made by Eligible Investors who are Individual Investors were accepted on July 2-5, 2021, and subscriptions and payments made by Individual Investors other than Eligible Investors were accepted on July 2-6, 2021. The acceptance of subscriptions made by Institutional Investors, including Eligible Investors who are Institutional Investors, took place from July 8 to 12, 2021.

2. Date of allocation of securities:
Offered Shares were allocated on July 15, 2021.

3. Number of securities subscribed:
The total number of Offered Shares was 6,000,000 _six million_, with the number of Offered Shares offered by the Company to Individual Investors being 185,678 _one hundred eighty-five thousand six hundred seventy-eight_, which constituted 3.1% of all the Offered Shares, and the number of Offered Shares offered by the Company to Institutional Investors being 5,814,322 _five million eight hundred fourteen thousand three hundred twenty-two_, which constituted 96.9% of all the Offered Shares.

4. Reduction rate in individual tranches:
Reduction did not take place.

5. Number of securities subscribed for:
Subscriptions have been made for 6,000,000 _six million_ Offered Shares.

6. The number of securities allotted in the conducted subscription:
The number of allotted Offered Shares was 6,000,000 _six million_.

7. The price at which the securities were subscribed:
The Offered Price for the Offered Shares was set at PLN 36.00 _thirty-six zlotys_ per Offered Share.

8. The number of persons who subscribed for securities in individual tranches:
Subscriptions for Offered Shares were made by 71 investors, including 8 Individual Investors and 63 Institutional Investors.

9. The number of persons to whom securities were allotted in the conducted subscription in individual tranches:
The Offered Shares were allocated to 71 investors, including 8 Individual Investors and 63 Institutional Investors.

10. Name of the underwriter:
The Company has not concluded any underwriting contracts.

11. Value of the conducted subscription, understood as the product of the number of securities included in the offer and the issue price:
The value of the conducted subscription was equal to PLN 216,000,000.

12. The amount of total costs which were included in the costs of issue;


Given that as at the date of publication of this current report, a final settlement of all the costs of the issue of the Offered Shares has not been carried out, information regarding the above-mentioned costs, together with a breakdown into the costs of preparing and conducting the offering, remuneration of the underwriters, drawing up the issue prospectus and promotion of the offering, will be made public by the Company in a separate current report, immediately after receiving all settlements from the entities involved in the process of preparing and conducting the offering.

13. The average cost of conducting the subscription per unit of security subscribed:
Given the lack of a final settlement of all costs of the issue of the Offered Shares as at the date of publication of this current report, the average cost of conducting the subscription per Offered Share will be made public by the Company in a separate current report, immediately after all settlements from the entities involved in the process of preparing and conducting the offering have been received.

14. Method of paying for the securities covered:
The Offered Shares have been acquired solely in exchange for cash contributions.