Specific shareholder update

Episurf Medical (Nasdaq: EPIS B) today announces that the company has been informed that its previous shareholder Kaupthing ehf., has as a part of a controlled monetisation of its asset portfolio, now completed the sale of all of its shares in Episurf Medical. The exit was completed on the 17th of September 2018 in a block sale to a group of Nordic private investors. At the end of 2017, Kaupthing ehf. held 501,335 shares in Episurf Medical, representing approximately 3.1% of Episurf Medical’s share capital.

For more  information, please contact:

Pål Ryfors, CEO, Episurf Medical

Tel:+46 (0) 709 62 36 69

Email: pal.ryfors@episurf.com

About Episurf Medical

Episurf Medical is endeavoring to bring people with painful joint injuries a more active, healthier life through the availability of minimally invasive and personalised treatment alternatives. Episurf Medical’s Episealer® personalised implants and Epiguide® surgical drill guides are developed for treating localized cartilage injury in joints. Episurf Medical’s μiFidelity® system enables implants to be cost-efficiently tailored to each individual’s unique injury for the optimal fit and minimal intervention. Episurf Medical’s head office is in Stockholm, Sweden. Its share (EPIS B) is listed on Nasdaq Stockholm. For more information, go to the company’s website: www.episurf.com.