AVALANCHE BIOTECHNOLOGIES IN

CUSIP: 05337G107 Class: COM

Rhenman & Partners Asset Management AB's Holding History (CIK: 0001599882)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 154,006 Value ($000) $796 Avg Close — Range —

Q4 2015

Shares 154,006 Value ($000) $1,466 Avg Close — Range —

Q3 2015

Shares 154,006 Value ($000) $1,269 Avg Close — Range —

Q2 2015

Shares 154,006 Value ($000) $2,501 Avg Close — Range —

Q1 2015

Shares 43,000 Value ($000) $1,742 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	154,006	$796	—	—
Q4 2015	154,006	$1,466	—	—
Q3 2015	154,006	$1,269	—	—
Q2 2015	154,006	$2,501	—	—
Q1 2015	43,000	$1,742	—	—