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SCANDION ONCOLOGY Press Release September 21 , 2021 Scandion Oncology A / S : Notice convening an Extraordinary General Meeting We hereby convene an Extraordinary General Meeting of Scandion Oncology A / S ( the " Company ” ) on Wednesday October 6 , 2021 at 3 p.m. to be held at the Company's address Fruebjergvej 3 , DK - 2100 Copenhagen Ø , Denmark . We recommend shareholders to cast their votes by correspondence or proxy and watch the general meeting via webcast . On Monday September 27 , 2021 at 3 p.m. the Company will host a call to elaborate on the proposals to issue warrants . Access to this call will be available at the following link : https://tv.streamfabriken.com/scandion-oncology-egm-information-call-2021 Agenda for the Extraordinary General Meeting 1. Election of chairman 2. Proposal regarding authorization to issue of warrants and any related capital increase 3. Proposal to amend article 9.2 of the Company's articles of association regarding employee representation in the Board of Directors 4. Any proposals received Proposals Re . 1. Election of chairman The Board of Directors proposed that Søren Brinkmann is appointed chairman . Re . 2. Proposal regarding authorization to issue of warrants and any related capital increase The Board of Directors prioritizes that incentives for shareholders , employees and board members are closely aligned , and that the Company can offer competitive remuneration packages to current and future employees . Consequently , the Board of Directors wishes to ensure that all employees and board members are part of the Company's warrant incentive program , and that the allocated warrants are attractive and represent a major upside for the individual . It is the intention to grant warrants over time in amounts corresponding to a general benchmark of international companies comparable to Scandion Oncology , as reflected in the table below : Scandion Oncology A / S - Symbion Fruebjergvej 3 DK 2100 Copenhagen - Denmark www.scandiononcology.com - CVR No. 38613391 Page 1 of 5