KalVista Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

KALV 01.08.2025

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CAMBRIDGE, Mass.&SALISBURY, England--(BUSINESS WIRE)--Jan. 8, 2025--KalVista Pharmaceuticals, Inc.(NASDAQ: KALV) today announced that the compensation committee of KalVista’s board of directors granted nine newly-hired employees inducement options to purchase an aggregate of 61,000 shares ofKalVistacommon stock onJanuary 2, 2025as inducements material to each employee entering into employment withKalVista. The options have an exercise price that is equal to the closing price ofKalVistacommon stock on the grant date.

Additionally, onJanuary 6, 2025, the Committee granted one newly-hired employee inducement options to purchase an aggregate of 50,000 shares ofKalVistacommon stock as an inducement material to such employee entering into employment withKalVista. The options have an exercise price that is equal to the closing price ofKalVistacommon stock on the grant date.

One-fourth of the options vest on the one-year anniversary of the vesting commencement date and the remainder vest in equal monthly installments over the next three years, in each case subject to the newly-hired employees’ continued service with the company. Each stock option has a 10-year term and is subject to the terms and conditions ofKalVista'sAmended and Restated 2021 Equity Inducement Plan and a stock option agreement covering the grant.

The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4).

AboutKalVista Pharmaceuticals, Inc.

KalVista Pharmaceuticals, Inc.is a global pharmaceutical company whose mission is to develop and deliver life-changing oral medicines for people affected by rare diseases with significant unmet needs. Sebetralstat, our novel, investigational candidate for the oral, on-demand treatment of hereditary angioedema, is under regulatory review by the FDA with a PDUFA goal date ofJune 17, 2025. We have also completed Marketing Authorization Applications for sebetralstat to theEuropean Medicines Agencyand multiple other countries.

For more information, please visitwww.kalvista.comor follow us on social media at@KalVistaandLinkedIn.

View source version onbusinesswire.com:https://www.businesswire.com/news/home/20250108787745/en/

KalVista Pharmaceuticals, Inc.Media:Jenn SnyderVice President, Corporate Affairs(857) 356-0479jennifer.snyder@kalvista.com

Investors:Ryan BakerHead, Investor Relations(617) 771-5001ryan.baker@kalvista.com

Source:KalVista Pharmaceuticals, Inc.

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