Oslo, 27 August 2022, Lytix Biopharma AS, has today been notified that the
following transaction has been completed by a primary insider in Lytix Biopharma
AS: North Murray AS, a close associate of Gert W. Munthe, Chairman and primary
insider in Lytix Biopharma AS, has bought 125,000 shares at an average price of
NOK 7.9714 per share. After the transaction, North Murray AS holds 2,935,359
shares in Lytix Biopharma AS. 

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

This information is subject to the disclosure requirements in the EU Market
Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act. 

For further information, please contact: Gjest Breistein, CFO,
gjest.breistein@lytixbiopharma.no, +47 9526 0512