MAY 10, 2023

Biophytis announced the launch of a round of fundraising for approximately 2 million euros based on issuing new shares for professional investors, as defined below, and retail investors (through the PrimaryBid platform) (the “Operation”).

• Capital increases as part of a global offering comprising an offer reserved for professional investors and a public offering for retail investors through the PrimaryBid platform.
• The PrimaryBid offering will close on May 10 2023 at 10pm Paris time and the offering reserved for professional investors will close on May 11, 2023 before start of trading (subject to early closure).
• The price of EUR 0.0222 per new share, representing a discount of 25% to the Volume-Weighted Average Price to the average closing price of Biophytis over the last five trading days, from 3 to 9 May 2023, equal to EUR 0.0296, and a discount of 25.25% to the closing price as at 10 May 2023