<p>RNS 編號：9666M 摩根士丹利 2025 年 12 月 29 日</p>
<p><strong>表格 38.5(b)</strong></p>
<p><strong>愛爾蘭收購委員會</strong></p>
<p><strong>根據 1997 年愛爾蘭收購委員會法第 38.5(b) 條款的披露，收購規則，2013</strong></p>
<p><strong>與未被認可的中介身份的相關豁免主要交易者的交易，或與被認可的中介身份但不以客户服務身份進行交易</strong></p>
<p><strong>1. 關鍵信息</strong></p>
<table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>豁免主要交易者名稱</td>
<td>摩根士丹利</td>
</tr>
<tr>
<td>交易公司</td>
<td>Avadel Pharmaceuticals PLC</td>
</tr>
<tr>
<td>相關證券的類別（披露的交易相關）(注 1)</td>
<td>0.01 美元普通股</td>
</tr>
<tr>
<td>交易日期</td>
<td>2025 年 12 月 24 日</td>
</tr>
</tbody>
</table>
<p><strong>2. 利益和空頭頭寸</strong></p>
<p><strong>(a) 在相關證券類別中的利益和空頭頭寸（交易後）(注 2)</strong></p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td>多頭</td>
<td>空頭</td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>數量</td>
<td>(%)</td>
<td>數量</td>
<td>(%)</td>
</tr>
<tr>
<td>(1) 相關證券</td>
<td>720,066</td>
<td>(0.73)</td>
<td>486,150</td>
<td>(0.49)</td>
</tr>
<tr>
<td>(2) 衍生品（非期權）</td>
<td>39,256</td>
<td>(0.04)</td>
<td>63,843</td>
<td>(0.06)</td>
</tr>
<tr>
<td>(3) 期權和購買/出售協議</td>
<td>0</td>
<td>(0.00)</td>
<td>0</td>
<td>(0.00)</td>
</tr>
<tr>
<td>總計</td>
<td>759,322</td>
<td>(0.77)</td>
<td>549,993</td>
<td>(0.56)</td>
</tr>
</tbody>
</table>
<p><strong>(b) 在公司相關證券中的利益和空頭頭寸，除了交易的類別 (注 2)</strong></p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>相關證券類別：</td>
<td>多頭</td>
<td>空頭</td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>數量</td>
<td>(%)</td>
<td>數量</td>
<td>(%)</td>
</tr>
<tr>
<td>(1) 相關證券</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(2) 衍生品（非期權）</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(3) 期權和購買/出售協議</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>總計</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<p>3. 交易 (注 3)</p>
<p><strong>(a) 購買和銷售</strong></p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>購買/銷售</td>
<td>相關證券數量</td>
<td>每單位價格 (注 4)</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>55,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>55,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入部分回報）</td>
<td>7,600</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入部分回報）</td>
<td>50,900</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入部分回報）</td>
<td>2,300</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>55,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>31,492</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入新股）</td>
<td>1,600</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入新股）</td>
<td>29,200</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入新股）</td>
<td>3,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入新股）</td>
<td>690</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入全額回報）</td>
<td>690</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入部分回報）</td>
<td>415</td>
<td>不適用</td>
</tr>
</tbody>
</table>
<p><strong>(b) 衍生品交易（非期權交易）</strong></p>
<ul>
<li>產品名稱，例如 CFD</li>
<li>交易性質 (注 5)</li>
<li>相關證券數量 (注 6)</li>
<li>每單位價格 (注 4)</li>
</ul>
<p><strong>(c) 關於現有相關證券的期權交易</strong></p>
<p><strong>(i) 寫入、出售、購買或變更</strong></p>
<ul>
<li>產品名稱，例如看漲期權</li>
<li>寫入、出售、購買、變更等</li>
<li>相關證券數量 (注 7)</li>
<li>行使價格</li>
<li>類型，例如美式、歐式等</li>
<li>到期日</li>
<li>每單位支付/收到的期權費用 (注 4)</li>
</ul>
<p><strong>(ii) 行使</strong></p>
<ul>
<li>產品名稱，例如看漲期權</li>
<li>證券數量</li>
<li>每單位行使價格 (注 4)</li>
</ul>
<p><strong>(d) 其他交易（包括新證券的交易）(注 3)</strong></p>
<ul>
<li>交易性質 (注 7)</li>
<li>詳情</li>
<li>每單位價格（如適用）(注 4)</li>
</ul>
<p><strong>4. 其他信息</strong></p>
<p><strong>與期權或衍生品相關的協議、安排或理解</strong></p>
<ul>
<li>任何披露人與任何其他人之間關於本表中提到的任何期權下相關證券的投票權的協議、安排或理解的完整細節，或關於本表中提到的任何衍生品的相關證券的投票權或未來收購或處置的協議。如果沒有，應予以説明。</li>
<li>無</li>
</ul>
<p>是否附有補充表格 8？ (注 9) 是</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>披露日期</td>
<td>2025 年 12 月 25 日</td>
</tr>
<tr>
<td>聯繫人姓名</td>
<td>Papa Lette 和 Andrzej Szyszka</td>
</tr>
<tr>
<td>電話號碼</td>
<td>+33(1) 4212 1459 / +48(22) 317 4817</td>
</tr>
<tr>
<td>與之相關的要約人/被要約人名稱</td>
<td>Avadel Pharmaceuticals PLC</td>
</tr>
<tr>
<td>關係性質 (注 9)</td>
<td>被要約人的顧問</td>
</tr>
</tbody>
</table>
<p><strong>補充表格 38.5(b)</strong></p>
<p><strong>愛爾蘭收購委員會</strong></p>
<p><strong>根據 1997 年愛爾蘭收購委員會法第 38.5(b) 條款的披露，收購規則，2013</strong></p>
<p><strong>開放頭寸的詳細信息</strong></p>
<p><strong>開放頭寸 (注 1)</strong></p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>產品名稱，例如看漲期權</td>
<td>寫入或購買</td>
<td>相關證券數量</td>
<td>行使價格 (注 2)</td>
<td>類型，例如美式、歐式等</td>
<td>到期日</td>
</tr>
<tr>
<td>互換</td>
<td>出售</td>
<td>84</td>
<td>0.0000</td>
<td>不適用</td>
<td>2026 年 3 月 13 日</td>
</tr>
<tr>
<td>互換</td>
<td>購買</td>
<td>33,762</td>
<td>0.0000</td>
<td>不適用</td>
<td>2026 年 1 月 20 日</td>
</tr>
</tbody>
</table>
<p>註釋</p>
<p>1. 如果存在開放的期權頭寸或開放的衍生品頭寸（除 CFD 外），應提供完整的細節。任何現有的購買或出售協議的完整細節也必須在本表中提供。</p>
<p>2. 所有價格和其他貨幣金額必須註明貨幣。</p>
<p>有關披露要求的完整細節，請參見規則 8 和 38.5。如果有疑問，請諮詢委員會。</p>
<p>此信息由 RNS 提供，倫敦證券交易所的新聞服務。RNS 獲得金融行為監管局的批准，作為英國的主要信息提供者。有關使用和分發此信息的條款和條件可能適用。有關更多信息，請聯繫 rns@lseg.com 或訪問 www.rns.com。</p>
<p>RNS 可能會使用您的 IP 地址以確認遵守條款和條件，分析您與本通信中包含的信息的互動，並將此分析以匿名方式與他人分享，作為我們商業服務的一部分。有關 RNS 和倫敦證券交易所如何使用您提供的個人數據的更多信息，請參見我們的隱私政策。結束 ITPEAXANADKSFEA</p>

高盛

Avadel制藥

<p>高盛公司（Goldman Sachs & Co. LLC）根據愛爾蘭收購委員會的規定披露了對 Avadel Pharmaceuticals plc 的交易情況。截至 2025 年 12 月 24 日，高盛在 Avadel 的每股 0.01 美元普通股中持有 720,066 個多頭頭寸和 486,150 個空頭頭寸。報告包括各種交易的詳細信息，包括股票的買賣，並指出高盛是被收購方 Avadel Pharmaceuticals 的顧問。該披露於 2025 年 12 月 25 日發佈，並附有補充表格</p>

<p>RNS Number : 9666M Goldman Sachs &amp; Co. LLC 29 December 2025</p>
<div class="lb-trans"><p>RNS 編號：9666M 摩根士丹利 2025 年 12 月 29 日</p>
</div><p><strong>FORM 38.5(b)</strong></p>
<div class="lb-trans"><p><strong>表格 38.5(b)</strong></p>
</div><p><strong>IRISH TAKEOVER PANEL</strong></p>
<div class="lb-trans"><p><strong>愛爾蘭收購委員會</strong></p>
</div><p><strong>DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013</strong></p>
<div class="lb-trans"><p><strong>根據 1997 年愛爾蘭收購委員會法第 38.5(b) 條款的披露，收購規則，2013</strong></p>
</div><p><strong>DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY</strong></p>
<div class="lb-trans"><p><strong>與未被認可的中介身份的相關豁免主要交易者的交易，或與被認可的中介身份但不以客户服務身份進行交易</strong></p>
</div><p><strong>1. KEY INFORMATION</strong></p>
<div class="lb-trans"><p><strong>1. 關鍵信息</strong></p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>Name of exempt principal trader</td>
<td>GOLDMAN SACHS &amp; CO. LLC</td>
</tr>
<tr>
<td>Company dealt in</td>
<td>AVADEL PHARMACEUTICALS PLC</td>
</tr>
<tr>
<td>Class of relevant security to which the dealings being disclosed relate (Note1)</td>
<td>USD 0.01 ordinary shares</td>
</tr>
<tr>
<td>Date of dealing</td>
<td>24 December 2025</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>豁免主要交易者名稱</td>
<td>摩根士丹利</td>
</tr>
<tr>
<td>交易公司</td>
<td>Avadel Pharmaceuticals PLC</td>
</tr>
<tr>
<td>相關證券的類別（披露的交易相關）(注 1)</td>
<td>0.01 美元普通股</td>
</tr>
<tr>
<td>交易日期</td>
<td>2025 年 12 月 24 日</td>
</tr>
</tbody>
</table>
</div><p><strong>2. INTERESTS AND SHORT POSITIONS</strong></p>
<div class="lb-trans"><p><strong>2. 利益和空頭頭寸</strong></p>
</div><p><strong>(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)</strong></p>
<div class="lb-trans"><p><strong>(a) 在相關證券類別中的利益和空頭頭寸（交易後）(注 2)</strong></p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td>Long</td>
<td>Short</td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>Number</td>
<td>(%)</td>
<td>Number</td>
<td>(%)</td>
</tr>
<tr>
<td>(1) Relevant securities</td>
<td>720,066</td>
<td>(0.73)</td>
<td>486,150</td>
<td>(0.49)</td>
</tr>
<tr>
<td>(2) Derivatives (other than options)</td>
<td>39,256</td>
<td>(0.04)</td>
<td>63,843</td>
<td>(0.06)</td>
</tr>
<tr>
<td>(3) Options and agreements to purchase/sell</td>
<td>0</td>
<td>(0.00)</td>
<td>0</td>
<td>(0.00)</td>
</tr>
<tr>
<td>Total</td>
<td>759,322</td>
<td>(0.77)</td>
<td>549,993</td>
<td>(0.56)</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td>多頭</td>
<td>空頭</td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>數量</td>
<td>(%)</td>
<td>數量</td>
<td>(%)</td>
</tr>
<tr>
<td>(1) 相關證券</td>
<td>720,066</td>
<td>(0.73)</td>
<td>486,150</td>
<td>(0.49)</td>
</tr>
<tr>
<td>(2) 衍生品（非期權）</td>
<td>39,256</td>
<td>(0.04)</td>
<td>63,843</td>
<td>(0.06)</td>
</tr>
<tr>
<td>(3) 期權和購買/出售協議</td>
<td>0</td>
<td>(0.00)</td>
<td>0</td>
<td>(0.00)</td>
</tr>
<tr>
<td>總計</td>
<td>759,322</td>
<td>(0.77)</td>
<td>549,993</td>
<td>(0.56)</td>
</tr>
</tbody>
</table>
</div><p><strong>(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)</strong></p>
<div class="lb-trans"><p><strong>(b) 在公司相關證券中的利益和空頭頭寸，除了交易的類別 (注 2)</strong></p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>Class of relevant security:</td>
<td>Long</td>
<td>Short</td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>Number</td>
<td>(%)</td>
<td>Number</td>
<td>(%)</td>
</tr>
<tr>
<td>(1) Relevant securities</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(2) Derivatives (other than options)</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(3) Options and agreements to purchase/sell</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Total</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>相關證券類別：</td>
<td>多頭</td>
<td>空頭</td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>數量</td>
<td>(%)</td>
<td>數量</td>
<td>(%)</td>
</tr>
<tr>
<td>(1) 相關證券</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(2) 衍生品（非期權）</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(3) 期權和購買/出售協議</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>總計</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
</div><p>3. DEALINGS (Note 3)</p>
<div class="lb-trans"><p>3. 交易 (注 3)</p>
</div><p><strong>(a) Purchases and sales</strong></p>
<div class="lb-trans"><p><strong>(a) 購買和銷售</strong></p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>Purchase/sale</td>
<td>Number of relevant securities</td>
<td>Price per unit (Note 4)</td>
</tr>
<tr>
<td>Sale (Borrow Full Return)</td>
<td>55,000</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Borrow Full Return)</td>
<td>55,000</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Borrow Partial Return)</td>
<td>7,600</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Borrow Partial Return)</td>
<td>50,900</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Borrow Partial Return)</td>
<td>2,300</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Borrow Full Return)</td>
<td>55,000</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Borrow Full Return)</td>
<td>31,492</td>
<td>N/A</td>
</tr>
<tr>
<td>Purchase (Borrow New)</td>
<td>1,600</td>
<td>N/A</td>
</tr>
<tr>
<td>Purchase (Borrow New)</td>
<td>29,200</td>
<td>N/A</td>
</tr>
<tr>
<td>Purchase (Borrow New)</td>
<td>3,000</td>
<td>N/A</td>
</tr>
<tr>
<td>Sale (Loan New)</td>
<td>690</td>
<td>N/A</td>
</tr>
<tr>
<td>Purchase (Loan Full Return)</td>
<td>690</td>
<td>N/A</td>
</tr>
<tr>
<td>Purchase (Loan Partial Return)</td>
<td>415</td>
<td>N/A</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>購買/銷售</td>
<td>相關證券數量</td>
<td>每單位價格 (注 4)</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>55,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>55,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入部分回報）</td>
<td>7,600</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入部分回報）</td>
<td>50,900</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入部分回報）</td>
<td>2,300</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>55,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入全額回報）</td>
<td>31,492</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入新股）</td>
<td>1,600</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入新股）</td>
<td>29,200</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入新股）</td>
<td>3,000</td>
<td>不適用</td>
</tr>
<tr>
<td>銷售（借入新股）</td>
<td>690</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入全額回報）</td>
<td>690</td>
<td>不適用</td>
</tr>
<tr>
<td>購買（借入部分回報）</td>
<td>415</td>
<td>不適用</td>
</tr>
</tbody>
</table>
</div><p><strong>(b) Derivatives transactions (other than options transactions)</strong></p>
<div class="lb-trans"><p><strong>(b) 衍生品交易（非期權交易）</strong></p>
</div><ul>
<li>Product name, e.g. CFD</li>
<li>Nature of transaction (Note 5)</li>
<li>Number of relevant securities (Note 6)</li>
<li>Price per unit (Note 4)</li>
</ul>
<div class="lb-trans"><ul>
<li>產品名稱，例如 CFD</li>
<li>交易性質 (注 5)</li>
<li>相關證券數量 (注 6)</li>
<li>每單位價格 (注 4)</li>
</ul>
</div><p><strong>(c) Options transactions in respect of existing relevant securities</strong></p>
<div class="lb-trans"><p><strong>(c) 關於現有相關證券的期權交易</strong></p>
</div><p><strong>(i) Writing, selling, purchasing or varying</strong></p>
<div class="lb-trans"><p><strong>(i) 寫入、出售、購買或變更</strong></p>
</div><ul>
<li>Product name,e.g. call option</li>
<li>Writing, selling, purchasing, varying etc.</li>
<li>Number of securities to which the option relates (Note 7)</li>
<li>Exercise price</li>
<li>Type, e.g. American, European etc.</li>
<li>Expiry date</li>
<li>Option money paid/received per unit (Note 4)</li>
</ul>
<div class="lb-trans"><ul>
<li>產品名稱，例如看漲期權</li>
<li>寫入、出售、購買、變更等</li>
<li>相關證券數量 (注 7)</li>
<li>行使價格</li>
<li>類型，例如美式、歐式等</li>
<li>到期日</li>
<li>每單位支付/收到的期權費用 (注 4)</li>
</ul>
</div><p><strong>(ii) Exercising</strong></p>
<div class="lb-trans"><p><strong>(ii) 行使</strong></p>
</div><ul>
<li>Product name,e.g. call option</li>
<li>Number of securities</li>
<li>Exercise price per unit (Note 4)</li>
</ul>
<div class="lb-trans"><ul>
<li>產品名稱，例如看漲期權</li>
<li>證券數量</li>
<li>每單位行使價格 (注 4)</li>
</ul>
</div><p><strong>(d) Other dealings (including transactions in respect of new securities) (Note 3)</strong></p>
<div class="lb-trans"><p><strong>(d) 其他交易（包括新證券的交易）(注 3)</strong></p>
</div><ul>
<li>Nature of transaction (Note 7)</li>
<li>Details</li>
<li>Price per unit (if applicable) (Note 4)</li>
</ul>
<div class="lb-trans"><ul>
<li>交易性質 (注 7)</li>
<li>詳情</li>
<li>每單位價格（如適用）(注 4)</li>
</ul>
</div><p><strong>4. OTHER INFORMATION</strong></p>
<div class="lb-trans"><p><strong>4. 其他信息</strong></p>
</div><p><strong>Agreements, arrangements or understandings relating to options or derivatives</strong></p>
<div class="lb-trans"><p><strong>與期權或衍生品相關的協議、安排或理解</strong></p>
</div><ul>
<li>Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.</li>
<li>NONE</li>
</ul>
<div class="lb-trans"><ul>
<li>任何披露人與任何其他人之間關於本表中提到的任何期權下相關證券的投票權的協議、安排或理解的完整細節，或關於本表中提到的任何衍生品的相關證券的投票權或未來收購或處置的協議。如果沒有，應予以説明。</li>
<li>無</li>
</ul>
</div><p>Is a Supplemental Form 8 attached? (Note 9) YES</p>
<div class="lb-trans"><p>是否附有補充表格 8？ (注 9) 是</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>Date of disclosure</td>
<td>25 December 2025</td>
</tr>
<tr>
<td>Contact name</td>
<td>Papa Lette and Andrzej Szyszka</td>
</tr>
<tr>
<td>Telephone number</td>
<td>+33(1) 4212 1459 / +48(22) 317 4817</td>
</tr>
<tr>
<td>Name of offeree/offeror with which connected</td>
<td>AVADEL PHARMACEUTICALS PLC</td>
</tr>
<tr>
<td>Nature of connection (Note 9)</td>
<td>Advisor to Offeree</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>披露日期</td>
<td>2025 年 12 月 25 日</td>
</tr>
<tr>
<td>聯繫人姓名</td>
<td>Papa Lette 和 Andrzej Szyszka</td>
</tr>
<tr>
<td>電話號碼</td>
<td>+33(1) 4212 1459 / +48(22) 317 4817</td>
</tr>
<tr>
<td>與之相關的要約人/被要約人名稱</td>
<td>Avadel Pharmaceuticals PLC</td>
</tr>
<tr>
<td>關係性質 (注 9)</td>
<td>被要約人的顧問</td>
</tr>
</tbody>
</table>
</div><p><strong>SUPPLEMENTAL FORM 38.5(b)</strong></p>
<div class="lb-trans"><p><strong>補充表格 38.5(b)</strong></p>
</div><p><strong>IRISH TAKEOVER PANEL</strong></p>
<div class="lb-trans"><p><strong>愛爾蘭收購委員會</strong></p>
</div><p><strong>DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013</strong></p>
<div class="lb-trans"><p><strong>根據 1997 年愛爾蘭收購委員會法第 38.5(b) 條款的披露，收購規則，2013</strong></p>
</div><p><strong>DETAILS OF OPEN POSITIONS</strong></p>
<div class="lb-trans"><p><strong>開放頭寸的詳細信息</strong></p>
</div><p><strong>OPEN POSITIONS (Note 1)</strong></p>
<div class="lb-trans"><p><strong>開放頭寸 (注 1)</strong></p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>Product name,e.g. call option</td>
<td>Written or purchased</td>
<td>Number of relevant securities to which the option or derivative relates</td>
<td>Exercise price (Note 2)</td>
<td>Type, e.g. American, European etc.</td>
<td>Expiry date</td>
</tr>
<tr>
<td>Swap</td>
<td>Sold</td>
<td>84</td>
<td>0.0000</td>
<td>N/A</td>
<td>13/03/2026</td>
</tr>
<tr>
<td>Swap</td>
<td>Purchased</td>
<td>33,762</td>
<td>0.0000</td>
<td>N/A</td>
<td>20/01/2026</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>產品名稱，例如看漲期權</td>
<td>寫入或購買</td>
<td>相關證券數量</td>
<td>行使價格 (注 2)</td>
<td>類型，例如美式、歐式等</td>
<td>到期日</td>
</tr>
<tr>
<td>互換</td>
<td>出售</td>
<td>84</td>
<td>0.0000</td>
<td>不適用</td>
<td>2026 年 3 月 13 日</td>
</tr>
<tr>
<td>互換</td>
<td>購買</td>
<td>33,762</td>
<td>0.0000</td>
<td>不適用</td>
<td>2026 年 1 月 20 日</td>
</tr>
</tbody>
</table>
</div><p>Notes</p>
<div class="lb-trans"><p>註釋</p>
</div><p>1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form.</p>
<div class="lb-trans"><p>1. 如果存在開放的期權頭寸或開放的衍生品頭寸（除 CFD 外），應提供完整的細節。任何現有的購買或出售協議的完整細節也必須在本表中提供。</p>
</div><p>2. For all prices and other monetary amounts, the currency must be stated.</p>
<div class="lb-trans"><p>2. 所有價格和其他貨幣金額必須註明貨幣。</p>
</div><p>For full details of disclosure requirements, see Rules 8 and 38.5 of the Rules. If in doubt, consult the Panel.</p>
<div class="lb-trans"><p>有關披露要求的完整細節，請參見規則 8 和 38.5。如果有疑問，請諮詢委員會。</p>
</div><p>This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.</p>
<div class="lb-trans"><p>此信息由 RNS 提供，倫敦證券交易所的新聞服務。RNS 獲得金融行為監管局的批准，作為英國的主要信息提供者。有關使用和分發此信息的條款和條件可能適用。有關更多信息，請聯繫 rns@lseg.com 或訪問 www.rns.com。</p>
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