NorthWest Biotherapeutics Inc (NWBO)

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The author, First Berlin, or a company associated with First Berlin reached an agreement with the Northwest Biotherapeutics Inc. for preparation of a financial analysis for which remuneration is owed.

First Berlin notes that is has concluded a contract with the issuer to prepare financial analyses and is paid for that by the issuer.

First Berlin F.S.B. Investment-Beratungsgesellschaft mbH (hereafter FBIB), a company of the First Berlin Group, holds a stake
of under 0.5% of the shares in the company which has been covered in this analysis