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FORM 7 MONTHLY PROGRESS REPORT Name of Listed Issuer: Algernon Pharmaceuticals Inc. (the Issuer or the Company). Trading Symbol: AGN Number of Outstanding Listed Securities: 152,420,198 Date: February

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The number of outstanding listed refers to the total number of shares of a company's stock that are currently held by all shareholders, including institutional investors and company insiders.

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Publicly traded companies are required to file the number of outstanding listed shares with regulatory bodies such as the SEC to provide transparency to investors.

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To fill out the number of outstanding listed, a company must accurately report the total shares that are currently issued, minus any treasury shares held by the company.

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The purpose of reporting the number of outstanding listed is to inform investors about the ownership of the company's stock, which is crucial for assessing company valuation and performance.

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Companies must report the total number of shares outstanding, including any changes due to new issuance, buybacks, or stock splits.

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