X0306 4 2020-11-09 0 0001401040 DiaMedica Therapeutics Inc. DMAC 0001490476 Kellen Scott TWO CARLSON PARKWAY, SUITE 260 MINNEAPOLIS MN 55447 0 1 0 0 CFO and Secretary Voting Common Shares, no par value per share 2020-11-09 4 P 0 2000 4.1933 A 12290 D The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.1824 to $4.21, inclusive. The reporting person undertakes to provide to DiaMedica Therapeutics Inc., any security holder of DiaMedica Therapeutics Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4. /s/ Amy Culbert, attorney-in-fact 2020-11-10