Filing of Amendment No. 1 to Preliminary Prospectus on Form F-1 with U.S. Securities and Exchange Commission

Company Announcement
14 September 2022

On 14 September 2022, Alvotech filed Amendment No. 1 to the Registration Statement on Form F-1 (the “Preliminary Prospectus”), previously filed on 22 July 2022 with the U.S. Securities and Exchange Commission (the “SEC”). This Amendment No. 1 to the Form F-1 Registration Statement is attached as a PDF.

Alvotech made this filing in connection with the registration of 15,306,122 Ordinary Shares, $0.01 nominal value per share by YA II PN, LTD., a Cayman Islands exempt limited partnership (“Yorkville”). Alvotech may at its discretion, elect to issue and sell to Yorkville, from time to time after the date of the Preliminary Prospectus, pursuant to a standby equity purchase agreement entered into with Yorkville on April 18, 2022 (the “SEPA”), in which Yorkville has committed to purchase from Alvotech, at Alvotech’s direction, up to $150,000,000 of Ordinary Shares, subject to terms and conditions specified in the SEPA, as further described in Alvotech’s Company Description, dated 21 June 2022, as supplemented with a supplement, dated 22 June 2022 (the “Company Description”). 

The filing is required pursuant to the Securities Act, and once Alvotech’s Preliminary Prospectus on Form F-1, as amended, has been declared effective by the SEC, Shares in Iceland, as well as other Shares and warrant referred to in the Preliminary Prospectus, will be considered registered under the Securities Act, as described in the Company Description.

Alvotech Investor Relations
Benedikt Stefansson
alvotech.ir[at]alvotech.com

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