ExpreS2ion appoints new CFO

Hørsholm, Denmark, August 18, 2020 – ExpreS2ion Biotech Holding AB (“ExpreS2ion” or the “Company”) hereby announces that it has appointed Mr. Keith Alexander as new Chief Financial Officer (CFO). Mr. Alexander brings more than 20 years of corporate banking and strategy consulting experience and will initially be focused on strengthening the Company’s financial strategies and investor relations function. Mr. Alexander will begin his employment on October 1, 2020 and be based out of ExpreS2ion’s headquarters in Hørsholm, Denmark. The appointment of Mr. Alexander follows the strategy transformation announced earlier this year.

Mr. Alexander (44) joins ExpreS²ion with over 20 years of experience in investment markets, investor communications, corporate strategy and business development. He joins ExpreS²ion from Danske Bank Asset Management, where he was responsible for the Fixed Income & Credit Advisory & Product Specialist function. He has held previous positions at Danske Capital as Head of North America, and at J.P. Morgan in New York City as Vice President, Strategy & Business Development, and Vice President, Equity Research. He has an MBA from The Wharton School of the University of Pennsylvania in Philadelphia, PA, USA, and a B.Sc. in Industrial Management with a minor in Biological Sciences from Purdue University in West Lafayette, Indiana, USA.

ExpreS²ion’s CEO Bent Frandsen comments:

“I am very pleased that Keith has decided to join the next stage of ExpreS²ions journey. His experience will be a great asset as we move forward with the strategy transformation we announced in the beginning of 2020. The first order of business is to support with financial aspects in ExpreS²ion’s transformation to a pipeline-driven business model, including all the requirements needed to be ready to exercise our option on AV001.”

Certified Adviser

Svensk Kapitalmarknadsgranskning AB

Telefon: +46 11 32 30 732

E-post: ca@skmg.se

For further information about ExpreS²ion, please contact:

Bent U. Frandsen, CEO
Telephone: +45 4256 6869
E-mail: buf@expres2ionbio.com

About ExpreS²ion

ExpreS²ion Biotechnologies ApS is a fully owned Danish subsidiary of ExpreS²ion Biotech Holding AB with company register number 559033-3729. ExpreS²ion has developed a unique technology platform, ExpreS², for fast and efficient non-clinical development and production of complex proteins for new vaccines and diagnostics. ExpreS² is regulatorily validated for clinical supply. The platform includes functionally modified glycosylation variants for enhanced immunogenicity and pharmacokinetics. Since 2010, the Company has produced more than 300 proteins and 40 virus-like particles (VLPs) in collaboration with leading research institutions and companies. Since 2017, ExpreS²ion develops novel VLP based vaccines through its joint venture AdaptVac ApS. For additional information, please visit www.expres2ionbio.com and www.adaptvac.com.