JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree, as of September 17, 2021, that only one statement containing the information required by Schedule 13G, and each amendment thereto, need be filed with respect to the ownership by each of the undersigned of shares of common stock, par value $0.0001 per share, of Clarus Therapeutics Holdings, Inc., and such statement to which this Joint Filing Agreement is attached as is filed on behalf of each of the undersigned.
| BRACEBRIDGE CAPITAL, LLC |
| BY: | /s/ Gabriel Sunshine |
| Name: Gabriel Sunshine | |
| Title: Authorized Signatory |
| FFI FUND LTD. |
| BY: | /s/ Gabriel Sunshine |
| Name: Gabriel Sunshine | |
| Title: Authorized Signatory |
| FYI LTD. |
| BY: | /s/ Gabriel Sunshine |
| Name: Gabriel Sunshine | |
| Title: Authorized Signatory |
| OLIFANT FUND, LTD. |
| BY: | /s/ Gabriel Sunshine |
| Name: Gabriel Sunshine | |
| Title: Authorized Signatory |
[Signature Page to Joint Filing Agreement]