Chief Medical Officer (CMO) Anders Bylock, has today announced that he will make his last day at Alzinova on May 28, 2023. Anders has previously announced that he wishes to leave the Company for personal reasons sometime in 2023 and Alzinova had previously initiated a recruitment process to find a replacement. That work is progressing, and the Company is now trying to accelerate the recruitment process as a result of Anders leaving already at the end of May 2023. The tasks that Anders Bylock has had will, during a transition period, be covered by Alzinova's management team and medical advisors.

CEO Kristina Torfgård comments:
"We are very sad that Anders Bylock is leaving us at Alzinova and fully understand his decision. A dialogue has been conducted during the year and we expected the decision to come, hence we had already initiated a recruitment process to find a replacement. Anders has been an important part of the management team and contributed a lot to the development during the four years he has worked with us. We would like to extend our warmest thanks for Anders' efforts!"

Resigning CMO Anders Bylock comments:
"It has been very exciting and fun to work at Alzinova together with the team. Unfortunately, I have to prioritize retirement and health, so I am not able to stay on. I look forward to following the progress from the sidelines and seeing the next generation of Alzheimer's drugs being developed."