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Report of transactions of shares and related securities of Bavarian Nordic by persons holding managerial responsibilities and/or persons/companies closely associated with such

COPENHAGEN, Denmark, March 12, 2026 – Bavarian Nordic A/S (OMX: BAVA) has today received information about the following transactions of the Company’s shares/related securities by persons holding managerial responsibilities and/or persons/companies closely associated with such, which are hereby reported in accordance with Article 19 of Regulation No. 596/2014 on Market Abuse and Implementing Regulation 2016/523. The transactions relate to the vesting of restricted stock units (RSUs) under the sh

articleBavarian Nordic A/sMarch 12, 20265/company/bavarian-nordic-as/news/report-of-transactions-of-shares-and-related-securities-of-bavarian-nordic-by-persons-holding-managerial-responsibilities-andor-personscompanies-closely-associated-with-such
Report of transactions of shares and related securities of Bavarian Nordic by persons holding managerial responsibilities and/or persons/companies closely associated with such

About this update from Bavarian Nordic A/s

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Bavarian Nordicmanagerial responsibilitiesrestricted stock unitsInitial notificationtransactionsfinancial instrumentAcquisition of sharestransaction