Nordhealth AS – Primary insider notice

Helsinki, Finland, 16 November 2023: Three Plus Group Luxembourg SA ("TPG"), a majority owned company and close associate of Charles MacBain, CEO and primary insider of Nordhealth AS (the "Company"), has today entered into an agreement to transfer 4,904,387 class A shares and 29,794,638 class B shares, in total 34,699,025 shares held by TPG in the Company to Boxwood Holdings Ltd ("Boxwood"), a company which is also majority owned and a close associate of Charles MacBain. Simultaneously, Boxwood has approved the subsequent transfer of such Company shares to the Boxwood shareholders, namely Charles MacBain and members of his family. 

The transfers, being made pursuant to a reorganization, do not alter the ultimate beneficial ownership of the Company shares. Following the transfers, Charles MacBain will retain the power to vote and, with certain exceptions, dispose of the Company shares held by his family members. 

Following the reorganization, TPG and Boxwood will own 0 shares in the Company, and Charles MacBain and his family members will own 12,328,210 class A shares and 29,794,638 class B shares, in total 42,122,848 shares.

Please refer to the attached notification of trading for further details.

For further information, please contact:

Charles MacBain, CEO

charles.macbain@nordhealth.com

+44 75 3903 2200

About Nordhealth

Nordhealth is a publicly listed, fast-growing cloud-based healthcare SaaS company on a mission to redefine digital healthcare. We build software that empower veterinary and therapy professionals to provide the best possible care experiences to their patients. Our products serve more than 70,000 veterinary and therapy professionals across 44 countries. Headquartered in Helsinki, Finland, Nordhealth has a solid footprint in the Nordic region and a growing presence internationally, with around 400 employees working either remotely or from offices (collaboration hubs). Visit the company's website at nordhealth.com (http://www.nordhealth.com)

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