Annual General Meeting of Kuros Biosciences approves all resolutions

The Annual General Meeting approved the Annual Report, the Annual Financial Statements, and Consolidated Financial Statements for the year 2021 and took note of the Reports of the Auditors. Shareholders granted discharge to the Board and the persons entrusted with the Management, voted in favor of the proposed appropriation of the Annual Results and approved the compensation for the members of the Board of Directors and the Executive Committee.

Clemens van Blitterswijk was re-elected as Chairman and Leanna Caron, Joost de Bruijn, Scott P. Bruder, Oliver Walker and Chris Fair were re-elected as members of the Board. Leanna Caron, Chris Fair and Oliver Walker were re-elected as members of the Compensation Committee. The law firm Keller KLG, Zurich was re-elected as independent Proxy. PricewaterhouseCoopers were confirmed for another one-year term as the Company’s auditor.

The Annual General Meeting further approved with the required 2/3 majority the adjustment to the articles of association regarding

• the increase of the Conditional Share Capital for Bonds or Similar Debt Instruments (allowing the issuance of up to 4’650’000 shares in total with a nominal value of CHF 0.10 each),
• the increase of the Conditional Share Capital for Employees, Persons of Comparable Positions and Board Members (allowing the issuance of up to 3’995’213shares in total with a nominal value of CHF 0.10 each),
• and the creation of Authorized Share Capital (allowing the issuance of up to 4’650’000 shares in total with a nominal value of CHF 0.10 CHF until December 31, 2022).

The Annual General Meeting took place at the Company’s headquarters in Schlieren without the physical presence of the shareholders and only voting through the independent proxy was permitted.  15,518,179 shares or 47.3% of a total of 32,811,378 shares were represented.

Forward Looking Statements

This media release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. You are urged to consider statements that include the words “will” or “expect” or the negative of those words or other similar words to be uncertain and forward-looking. Factors that may cause actual results to differ materially from any future results expressed or implied by any forward-looking statements include scientific, business, economic and financial factors. Against the background of these uncertainties, readers should not rely on forward-looking statements. The Company assumes no responsibility for updating forward-looking statements or adapting them to future events or developments.