Grant of share options

Oslo, Norway, May 26, 2023 - Reference is made to the Annual General Meeting (AGM) in Nykode Therapeutics ASA held on May 11, 2023, where the grant of share options to certain members of the Board was approved. A total of 75,000 share options with a strike price of NOK 27.87 per share have been granted in accordance with the terms set out in the minutes from the AGM.

Please see further details in attached document.