EVAXION AS

Ticker: EVAX CUSIP: 29970R303 Class: ADR

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (6)

Stonepine Capital Management, LLC

Value ($000) $95 Shares 20,000

Point72 Asset Management, L.P.

Value ($000) $158 Shares 33,100

WESBANCO BANK INC

Value ($000) $48 Shares 10,000

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

Value ($000) $38 Shares 8,000

ROYAL BANK OF CANADA

Value ($000) $19 Shares 3,900

EverSource Wealth Advisors, LLC

Value ($000) $13 Shares 2,707

Institution	Shares	Value ($000)
Stonepine Capital Management, LLC	20,000	$95
Point72 Asset Management, L.P.	33,100	$158
WESBANCO BANK INC	10,000	$48
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	8,000	$38
ROYAL BANK OF CANADA	3,900	$19
EverSource Wealth Advisors, LLC	2,707	$13

Increased Positions (3)

RHUMBLINE ADVISERS

Value ($000) $101 (+183.6%) Shares 21,090 (+123.5%)

Value ($000) $15 (+383525.0%) Shares 3,217 (+321600.0%)

GAMMA Investing LLC

Value ($000) $18 (+47.3%) Shares 3,841 (+16.1%)

Institution	Prev Shares	Curr Shares	Change
RHUMBLINE ADVISERS	9,435	21,090	+11,655 (+123.5%)
UBS Group AG	1	3,217	+3,216 (+321600.0%)
GAMMA Investing LLC	3,308	3,841	+533 (+16.1%)

Decreased Positions (3)

Ikarian Capital, LLC

Value ($000) $356 (+18.5%) Shares 74,698 (-6.6%)

BOOTHBAY FUND MANAGEMENT, LLC

Value ($000) $88 (-1.5%) Shares 18,426 (-22.3%)

SBI Securities Co., Ltd.

Value ($000) $0 (+21.3%) Shares 62 (-4.6%)

Institution	Prev Shares	Curr Shares	Change
Ikarian Capital, LLC	80,000	74,698	-5,302 (-6.6%)
BOOTHBAY FUND MANAGEMENT, LLC	23,728	18,426	-5,302 (-22.3%)
SBI Securities Co., Ltd.	65	62	-3 (-4.6%)