<SEC-DOCUMENT>0001171843-26-000127.txt : 20260107
<SEC-HEADER>0001171843-26-000127.hdr.sgml : 20260107
<ACCEPTANCE-DATETIME>20260107173006
ACCESSION NUMBER:		0001171843-26-000127
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20260107
FILED AS OF DATE:		20260107
DATE AS OF CHANGE:		20260107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Alvotech
		CENTRAL INDEX KEY:			0001898416
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				981629342
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41421
		FILM NUMBER:		26516686

	BUSINESS ADDRESS:	
		STREET 1:		9, RUE DE BITBOURG
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-1273
		BUSINESS PHONE:		354 422-4500

	MAIL ADDRESS:	
		STREET 1:		9, RUE DE BITBOURG
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-1273

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Alvotech Lux Holdings S.A.S.
		DATE OF NAME CHANGE:	20211209
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_010726.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br><strong>Washington, D.C. 20549</strong></p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of January 2026</strong></p><p style="text-align: center;">Commission File Number: <strong>001-41421</strong></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Alvotech</strong></font><br>(Translation of registrant's name into English)</p><p style="text-align: center;"><strong>9, Rue de Bitbourg,<br>L-1273 Luxembourg,<br>Grand Duchy of Luxembourg</strong><br>(Address of principal executive office)</p></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br>Form 20-F [&#160;X ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;&#160; ]</p><p>&#160;</p><p>&#160;</p><!--<p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u>&#160;&#160;&#160;&#160;&#160;&#160;</u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u>&#160;&#160;&#160;&#160;&#160;&#160;</u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.&#160;</p>--><!-- Field: Page; Sequence: 1 -->
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<p style="margin: 0pt 0; font-size: 10pt"><font style="background-color: white">&nbsp;</font></p>

<p style="font-size: 10pt; margin: 0pt 0"><font style="background-color: white"><b>Incorporation by Reference</b></font></p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">This Report on Form 6-K (this &ldquo;Report&rdquo;) of Alvotech (the &ldquo;Company&rdquo;) excluding Exhibit 99.1 and 99.2 attached hereto, shall be deemed to be incorporated by reference into the Company&rsquo;s registration statements on Forms F-3 (File Nos. 333-266136, 333-273262, 333-275111 and 333-281684), the Company&rsquo;s registration statement on Form F-3ASR (File No. 333-289006), and the Company&rsquo;s registration statement on Form S-8 (File No. 333-266881) and to be a part thereof from the date on which this Report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">Exhibit 99.1 and 99.2 to this Report is being furnished and shall not be deemed &ldquo;filed&rdquo; for purposes of Section 18 of the Securities Exchange Act of 1934 (the &ldquo;Exchange Act&rdquo;) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0"><b>Company Announcements</b></p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">On January 6, 2026, the Company announced that according to a form filed with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons, <font style="color: #171717">ATP Holdings ehf. had reported the acquisition of 4,812,257 shares in Alvotech on December 17, 2025, at SEK 44.06 per share and the sale of 2,110,640 shares in Alvotech on December 19, 2025, at SEK 44.06 per share. The announcement corrected an earlier company announcement also dated January 6, 2026, which stated that the transaction on December 19, 2025, consisted of an acquisition of shares. </font>Copies of the forms are furnished herewith as Exhibit 99.1 and Exhibit 99.2.</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #171717">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #171717">&nbsp;</p>

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<p style="margin: 0; font-size: 10pt">&nbsp;</p>

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<p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font></p><p style="text-align: center;"><font style="font-size: 10pt;">&#160;</font></p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0"><tr><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Exhibit Number</strong></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr><tr><td>&#160;</td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td style="text-align: left; vertical-align: top"><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;"><a href="exh_991.htm">Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (HOS-2 form)</a></font></td></tr><tr>
<td style="text-align: left; vertical-align: top">&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td></tr>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <tr>
<td style="text-align: left; vertical-align: top"><a href="exh_992.htm">99.2</a></td><td>&nbsp;</td><td><a href="exh_992.htm">Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (HOS-2 form)</a></td></tr>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              </table>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p><p>&#160;</p><p style="text-align: center;"><strong></strong></p>

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<p style="text-align: center"><strong>SIGNATURES</strong></p><p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p><table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;Alvotech&#160;&#160;&#160;&#160;</strong></td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">(Registrant)</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr><tr valign="top"><td width="47%">Date: January 7, 2026</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ Tanya Zharov&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Tanya Zharov</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">General Counsel</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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<body style="font: 10pt Times New Roman, Times, Serif">

<p style="text-align: right; margin-top: 0; margin-bottom: 0"><b>Exhibit 99.1</b></p>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="margin-top: 0; margin-bottom: 0"><img src="cssf.jpg" alt=""></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<div style="background-color: rgb(249,245,245); padding: 10pt; border: Black 1pt solid">

<p style="margin: 0pt 14.9pt 0pt 14.8pt; font-size: 14pt; text-align: center"><b>Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (HOS-2 form)</b></p>

</div>

<p style="margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal">&nbsp;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 10pt; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">Filing reference</font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; font-size: 10pt">&nbsp;</td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.25pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">Submitted at</font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; font-size: 10pt">&nbsp;</td></tr>
  </table>
<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal">&nbsp;</font></p>

<p style="font-size: 10pt; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt"><b>1.&nbsp;&nbsp; Details of the person discharging managerial responsibilities/person closely associated</b></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 10pt; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 1.35pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">Name<sup>1</sup></font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">ATP Holdings ehf.</font></td></tr>
  </table>
<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 16.95pt"><b>2.</b></td><td><b>Reason for the notification</b></td></tr></table>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 3pt; padding-left: 1.4pt"><font style="font-size: 10pt">Position/status<sup>2</sup></font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt"><font style="font-size: 10pt">Person closely associated to R&oacute;bert Wessman (CEO and chairman)</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3.05pt; padding-left: 1.4pt"><font style="font-size: 10pt">Initial notification/Amendment<sup>3</sup></font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">Initial notification</font></td></tr>
  </table>
<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<p style="font-size: 10pt; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt"><b>3.&nbsp;&nbsp; Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</b></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 1.35pt; padding-left: 1.4pt"><font style="font-size: 10pt">Name<sup>4</sup></font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.1pt; padding-left: 1.4pt"><font style="font-size: 10pt">Alvotech</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.4pt; padding-left: 1.4pt"><font style="font-size: 10pt">LEI5</font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">222100DCZBOWV5DZ8372</font></td></tr>
  </table>
<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<p style="font-size: 10pt; text-align: justify; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt"><b>4.&nbsp; Details of the transaction(s): section to be repeated for <sup>1</sup> each type of instrument; <sup>2</sup> each type of transaction; <sup>3</sup> each date; and <sup>4</sup> each place where transactions have been conducted:</b></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: top">
    <td style="border: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt"><font style="font-size: 10pt">Description of the financial instrument, type of instrument<sup>6</sup></font></td>
    <td colspan="2" style="border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.6pt; padding-left: 2.8pt"><font style="font-size: 10pt">Shares</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3.05pt; padding-left: 1.4pt"><font style="font-size: 10pt">Identification code<sup>7</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">LU2458332611</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3pt; padding-left: 1.4pt"><font style="font-size: 10pt">Nature of the transaction<sup>8</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.6pt; padding-left: 2.8pt"><font style="font-size: 10pt">Acquisition</font></td></tr>
  <tr style="vertical-align: top">
    <td rowspan="2" style="width: 52%; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3.05pt; padding-left: 1.4pt"><font style="font-size: 10pt">Price(s) and volume(s)<sup>9</sup></font></td>
    <td style="width: 24%; border-bottom: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; padding-top: 2.65pt; padding-right: 3.9pt; padding-left: 4.2pt; text-align: center"><font style="font-size: 10pt">Price(s)</font></td>
    <td style="width: 24%; border-bottom: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; padding-top: 2.65pt; padding-right: 3.9pt; padding-left: 2.8pt; text-align: center"><font style="font-size: 10pt">Volume(s)</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 0.1pt; padding-left: 40.9pt"><font style="font-size: 10pt">44.06 SEK</font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-right: 4.2pt; padding-left: 0.3pt; text-align: center"><font style="font-size: 10pt">4,812,257 (units)</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid">
    <p style="text-align: left; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Aggregated information</p>
    <p style="margin-left: 20pt; text-align: left; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Aggregated volume<sup>10</sup></p>
    <p style="margin-left: 20pt; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Price<sup>11</sup></p></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid">
    <p style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><b>&nbsp;</b></p>
    <p style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">4,812,257</p>
    <p style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">(units) 44.06 SEK</p></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.35pt; padding-left: 1.4pt"><font style="font-size: 10pt">Date of the transaction<sup>12</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.1pt; padding-left: 1.4pt"><font style="font-size: 10pt">2025-12-17</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.4pt; padding-left: 1.4pt"><font style="font-size: 10pt">Place of transaction<sup>13</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">- XOFF</font></td></tr>
  </table>
<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt"></p>

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<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">Notes</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">1 </font><font style="font-size: 8pt">For natural persons: the first name and the last name(s). For legal persons: full name including legal form as provided for in the register where it is incorporated, if applicable.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">2 </font><font style="font-size: 8pt">For persons discharging managerial responsibilities: the position occupied within the issuer, emission allowances market participant/auction platform/auctioneer/auction monitor should be indicated, e.g. CEO, CFO. For persons closely accociated:</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Name and position of the relevant person discharging managerial responsibilities.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">3 </font><font style="font-size: 8pt">Indication that this is an initial notification or an amendment to prior notifications. In case of amendment, explain the error that this notification is amending.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">4</font> <font style="font-size: 8pt">Full name of the entity.</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">5</font> <font style="font-size: 8pt">Legal Entity Identifier code in accordance with ISO 17442 LEI code.</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">6</font> <font style="font-size: 8pt">Indication as to the nature of the instrument:</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>A share, a debt instrument, a derivative or a financial instrument linked to a share or a debt instrument;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>An emission allowance, an auction product based on an emission allowance or a derivative relating to an emission allowance.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">7</font> <font style="font-size: 8pt">Instrument identification code as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">8</font> <font style="font-size: 8pt">Description of the transaction type using, where applicable, the type of transaction identified in Article 10 of the Commission Delegated Regulation (EU) 2016/522 adopted under Article 19(14) of Regulation (EU) No 596/2014 or a specific example set out in Article 19(7) of Regulation (EU) No 596/2014. Pursuant to Article 19(6)(e) of Regulation (EU) No 596/2014, it shall be indicated whether the transaction is linked to the exercise of a share option programme.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">9 </font><font style="font-size: 8pt">Where more than one transaction of the same nature (purchases, sales, lendings, borrows, ...) on the same financial instrument or emission allowance are executed on the same day and on the same place of transaction, prices and volumes of these transactions shall be reported in this field, in a two columns form as presented above, inserting as many lines as needed. Using the data standards for price and quantity, including where applicable the price currency and the quantity currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">10</font> <font style="font-size: 8pt">The volumes of multiple transactions are aggregated when these transactions:</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Relate to the same financial instrument or emission allowance;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Are of the same nature;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Are executed on the same day;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>And are executed on the same place of transaction.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">Using the data standard for quantity, including where applicable the quantity currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">11</font> <font style="font-size: 8pt">Price information:</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>In case of a single transaction, the price of the single transaction;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>In case the volumes of multiple transactions are aggregated: the weighted average price of the aggregated transactions.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">Using the data standard for price, including where applicable the price currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">12</font> <font style="font-size: 8pt">Date of the particular day of execution of the notified transaction. Using the ISO 8601 date format: YYYY-MM-DD; UTC time.</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">13</font> <font style="font-size: 8pt">Name and code to identify the MiFID trading venue, the systematic internaliser or the organised trading platform outside of the Union where the transaction was executed as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014, or if the transaction was not executed on any of the above mentioned venues, please mention &quot;outside a trading venue&quot;.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

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<DESCRIPTION>EXHIBIT 99.2
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<p style="text-align: right; margin-top: 0; margin-bottom: 0"><b>Exhibit 99.2</b></p>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="margin-top: 0; margin-bottom: 0"><img src="cssf.jpg" alt=""></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<div style="background-color: rgb(249,245,245); padding: 10pt; border: Black 1pt solid">

<p style="margin: 0pt 14.9pt 0pt 14.8pt; font-size: 14pt; text-align: center"><b>Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (HOS-2 form)</b></p>

</div>

<p style="margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal">&nbsp;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 10pt; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">Filing reference</font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; font-size: 10pt">&nbsp;</td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.25pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">Submitted at</font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; font-size: 10pt">&nbsp;</td></tr>
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<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal">&nbsp;</font></p>

<p style="font-size: 10pt; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt"><b>1.&nbsp;&nbsp; Details of the person discharging managerial responsibilities/person closely associated</b></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 10pt; border-collapse: collapse">
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    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 1.35pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">Name<sup>1</sup></font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt; font-size: 10pt"><font style="font-size: 10pt">ATP Holdings ehf.</font></td></tr>
  </table>
<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 16.95pt"><b>2.</b></td><td><b>Reason for the notification</b></td></tr></table>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 3pt; padding-left: 1.4pt"><font style="font-size: 10pt">Position/status<sup>2</sup></font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt"><font style="font-size: 10pt">Person closely associated to R&oacute;bert Wessman (CEO and chairman)</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3.05pt; padding-left: 1.4pt"><font style="font-size: 10pt">Initial notification/Amendment<sup>3</sup></font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">Initial notification</font></td></tr>
  </table>
<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<p style="font-size: 10pt; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt"><b>3.&nbsp;&nbsp; Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</b></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: top">
    <td style="width: 50%; border: #D2D2D2 1pt solid; padding-top: 1.35pt; padding-left: 1.4pt"><font style="font-size: 10pt">Name<sup>4</sup></font></td>
    <td style="width: 50%; border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.1pt; padding-left: 1.4pt"><font style="font-size: 10pt">Alvotech</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.4pt; padding-left: 1.4pt"><font style="font-size: 10pt">LEI<sup>5</sup></font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">222100DCZBOWV5DZ8372</font></td></tr>
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<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<p style="font-size: 10pt; text-align: justify; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt"><b>4.&nbsp; Details of the transaction(s): section to be repeated for <sup>1</sup> each type of instrument; <sup>2</sup> each type of transaction; <sup>3</sup> each date; and <sup>4</sup> each place where transactions have been conducted:</b></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-style: normal"><b>&nbsp;</b></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: top">
    <td style="border: #D2D2D2 1pt solid; padding-top: 1.2pt; padding-left: 1.4pt"><font style="font-size: 10pt">Description of the financial instrument, type of instrument<sup>6</sup></font></td>
    <td colspan="2" style="border-top: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.6pt; padding-left: 2.8pt"><font style="font-size: 10pt">Shares</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3.05pt; padding-left: 1.4pt"><font style="font-size: 10pt">Identification code<sup>7</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">LU2458332611</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3pt; padding-left: 1.4pt"><font style="font-size: 10pt">Nature of the transaction<sup>8</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 0.3pt; padding-right: 187.55pt; padding-left: 2.8pt"><font style="font-size: 10pt">Acquisition Sale</font></td></tr>
  <tr style="vertical-align: top">
    <td rowspan="2" style="width: 52%; border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 3pt; padding-left: 1.4pt"><font style="font-size: 10pt">Price(s) and volume(s)<sup>9</sup></font></td>
    <td style="width: 24%; border-bottom: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; padding-top: 2.6pt; padding-right: 3.9pt; padding-left: 4.2pt; text-align: center"><font style="font-size: 10pt">Price(s)</font></td>
    <td style="width: 24%; border-bottom: #D2D2D2 1pt solid; border-right: #D2D2D2 1pt solid; padding-top: 2.6pt; padding-right: 3.9pt; padding-left: 2.8pt; text-align: center"><font style="font-size: 10pt">Volume(s)</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 0.15pt; padding-left: 40.9pt"><font style="font-size: 10pt">44.06 SEK</font></td>
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 1.25pt; padding-right: 4.2pt; padding-left: 0.3pt; text-align: center"><font style="font-size: 10pt">2,110,640 (units)</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid">
    <p style="text-align: left; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Aggregated information</p>
    <p style="margin-left: 20pt; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Aggregated volume<sup>10</sup></p>
    <p style="margin-left: 20pt; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Price<sup>11</sup></p></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid">
    <p style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><b>&nbsp;</b></p>
    <p style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">2,110,640</p>
    <p style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">(units) 44.06 SEK</p></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.4pt; padding-left: 1.4pt"><font style="font-size: 10pt">Date of the transaction<sup>12</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.15pt; padding-left: 1.4pt"><font style="font-size: 10pt">2025-12-19</font></td></tr>
  <tr style="vertical-align: top">
    <td style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; border-left: #D2D2D2 1pt solid; padding-top: 1.35pt; padding-left: 1.4pt"><font style="font-size: 10pt">Place of transaction<sup>13</sup></font></td>
    <td colspan="2" style="border-right: #D2D2D2 1pt solid; border-bottom: #D2D2D2 1pt solid; padding-top: 2.1pt; padding-left: 1.4pt"><font style="font-size: 10pt">- XOFF</font></td></tr>
  </table>
<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt"></p>

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<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">Notes</p>

<p style="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">1 </font><font style="font-size: 8pt">For natural persons: the first name and the last name(s). For legal persons: full name including legal form as provided for in the register where it is incorporated, if applicable.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">2 </font><font style="font-size: 8pt">For persons discharging managerial responsibilities: the position occupied within the issuer, emission allowances market participant/auction platform/auctioneer/auction monitor should be indicated, e.g. CEO, CFO. For persons closely accociated:</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Name and position of the relevant person discharging managerial responsibilities.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">3 </font><font style="font-size: 8pt">Indication that this is an initial notification or an amendment to prior notifications. In case of amendment, explain the error that this notification is amending.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">4</font> <font style="font-size: 8pt">Full name of the entity.</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">5</font> <font style="font-size: 8pt">Legal Entity Identifier code in accordance with ISO 17442 LEI code.</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">6</font> <font style="font-size: 8pt">Indication as to the nature of the instrument:</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>A share, a debt instrument, a derivative or a financial instrument linked to a share or a debt instrument;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>An emission allowance, an auction product based on an emission allowance or a derivative relating to an emission allowance.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">7</font> <font style="font-size: 8pt">Instrument identification code as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">8</font> <font style="font-size: 8pt">Description of the transaction type using, where applicable, the type of transaction identified in Article 10 of the Commission Delegated Regulation (EU) 2016/522 adopted under Article 19(14) of Regulation (EU) No 596/2014 or a specific example set out in Article 19(7) of Regulation (EU) No 596/2014. Pursuant to Article 19(6)(e) of Regulation (EU) No 596/2014, it shall be indicated whether the transaction is linked to the exercise of a share option programme.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">9 </font><font style="font-size: 8pt">Where more than one transaction of the same nature (purchases, sales, lendings, borrows, ...) on the same financial instrument or emission allowance are executed on the same day and on the same place of transaction, prices and volumes of these transactions shall be reported in this field, in a two columns form as presented above, inserting as many lines as needed. Using the data standards for price and quantity, including where applicable the price currency and the quantity currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">10</font> <font style="font-size: 8pt">The volumes of multiple transactions are aggregated when these transactions:</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Relate to the same financial instrument or emission allowance;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Are of the same nature;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>Are executed on the same day;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>And are executed on the same place of transaction.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">Using the data standard for quantity, including where applicable the quantity currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">11</font> <font style="font-size: 8pt">Price information:</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>In case of a single transaction, the price of the single transaction;</i></font></td></tr></table>

<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.45pt"></td><td style="width: 14.15pt"><font style="font-size: 8pt">&bull;</font></td><td><font style="font-size: 8pt"><i>In case the volumes of multiple transactions are aggregated: the weighted average price of the aggregated transactions.</i></font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">Using the data standard for price, including where applicable the price currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">12</font> <font style="font-size: 8pt">Date of the particular day of execution of the notified transaction. Using the ISO 8601 date format: YYYY-MM-DD; UTC time.</font></p>

<p style="font-size: 10pt; font-style: italic; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt">&nbsp;</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-size: 8pt; font-style: normal">13</font> <font style="font-size: 8pt">Name and code to identify the MiFID trading venue, the systematic internaliser or the organised trading platform outside of the Union where the transaction was executed as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014, or if the transaction was not executed on any of the above mentioned venues, please mention &quot;outside a trading venue&quot;.</font></p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font-size: 10pt; font-style: italic; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
