Zelluna ASA: Disclosure of large shareholding

Reference  is made to the  stock exchange announcement made  by Zelluna ASA (the
"Company")  on  18 June  2026 regarding  the  total  allocation of 3,143,958 new
shares  in the Company in a private  placement and a retail offering, consisting
of  2,972,973 new shares in the private  placement and 170,985 new shares in the
retail offering through Nordnet Bank AB.

Inven2  AS holds 1,439,325 shares  in the Company,  corresponding to 4.9% of the
total  number of shares and  votes in the Company  following the issuance of the
new  shares. Consequently, the  shareholding of Inven2  AS has crossed below the
5% threshold pursuant to Section 4-2 of the Norwegian Securities Trading Act.

This  disclosure is  made pursuant  to Section  4-2 of the  Norwegian Securities
Trading Act.