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Notification of major holdings - Pentwater

On September 3, 2025, Pentwater Capital Management LP notified Ondine Biomedical Inc. that it crossed a threshold related to financial instruments, triggering a notification of major holdings. The total percentage of shares outstanding through financial instruments reached 4.002313%, representing 20,746,666 shares. This change is up from the previous notification of 3.679492%. The event also triggered a change in the breakdown of shares outstanding. Disclaimer*

Ondine Biomedical, Inc.September 4, 20255
Notification of major holdings - Pentwater

About this update from Ondine Biomedical, Inc.

S tandard form for notification of major holdings   NOTIFICATION OF MAJOR HOLDINGS 1a. Identity of the issuer or the underlying issuer of existing shares: Ondine Biomedical Inc 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate) Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of shares An acquisition or disposal of financial instruments X An event changing the breakdown of shares outstanding X Other (please specify): 3. Details of person subject to the notification obligation Name Pentwater Capital Management LP City and country of registered office (if applicable) Naples , United States 4. Full name of shareholder(s) (if different from 3.) Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached: 03/09/2025 6. Date on which issuer notified (DD/MM/YYYY): 03/09/2025 7. Total positions of person(s) subject to the notification obligation % of shares outstanding (total of 8. A) % of shares outstanding through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of shares outstanding held in issuer Resulting situation on the date on which threshold was crossed or reached 4.002313% 4.002313% 20,746,666.00 Position of previous notification (if applicable) 3.679492% 3.679492%       8. Notified details of the resulting situation on the date on which the threshold was crossed or reached v A: Shares Class/type of shares ISIN code (if possible) Number of shares outstanding % of shares outstanding Direct   Indirect   Direct   Indirect   SUBTOTAL 8. A     B 1: Financial Instruments as an entitlement to acquire Type of financial instrument Expiration date Exercise/ Conversion Period Number shares that may be acquired if the instrument is exercised/converted. % of shares outstanding SUBTOTAL 8. B 1     B 2: Financial Instruments with similar economic effect Type of financial instrument Expiration date Exercise/ Conversion Period Physical or cash settlement Number of shares % of shares outstanding Swap Cash Settlement 20,746,666.00 4.002313%   SUBTOTAL 8.B.2 20,746,666.00 4.002313%                     9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer Full chain of controlled undertakings through which the shares and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) X Name % of shares outstanding if it equals or is higher than the notifiable threshold % of shares outstanding through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Matthew Halbower MCH PWCM Holdings Inc. Pentwater Capital Management LP 4.002313% 4.002313%   10. Additional information   Place of completion Naples Date of completion 03/09/2025  

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