CEO Martin Olin steps down

10 Oct 2024 21:31 CEST

Bergen, Norway, 10 October 2024 - BerGenBio ASA (OSE: BGBIO), a clinical-stage
biopharmaceutical company developing novel, selective AXL inhibitors for severe
unmet medical need, announces today that CEO, Martin Olin will be leaving the
company to pursue other opportunities. Martin will remain in his position during
a transition period.

"On behalf of the Board of Directors, I want to thank him for his work and
leadership over the last three years. Martin has since he joined navigated the
company through a strategic transition and established a solid platform for the
further development of bemcentinib. On behalf of the company, I wish him all the
best in his new endeavors", said Anders Tullgren, Chairman of BerGenBio.

The Board of Directors has initiated a succession process and will actively work
with the management to support and review the business requirements.

"I have thoroughly enjoyed my past three years at BerGenBio. It has been a
privilege to lead the company and contribute to developing a medicine that can
potentially be of great importance to a large number of patients. The company
has a very competent team and an exciting time ahead, and I will follow its path
and progress closely," said Martin Olin.

Anders Tullgren
Chairman of the Board of Directors

Contact requests through:

ir@bergenbio.com

or

Rune Skeie, CFO, BerGenBio ASA
rune.skeie@bergenbio.com

or

Jan Lilleby
jl@lillebyfrisch.no

+47 90 55 16 98

About BerGenBio ASA

BerGenBio is a clinical-stage biopharmaceutical company focused on developing
transformative drugs targeting AXL as a potential cornerstone of therapy for
aggressive diseases, including cancer and severe respiratory infections. The
Company is focused on its proprietary lead candidate, bemcentinib, a potentially
first-in-class selective AXL inhibitor in development for STK11 mutated NSCLC
and severe respiratory infections. BerGenBio is based in Bergen, Norway with a
subsidiary in Oxford, UK. The company is listed on the Oslo Stock Exchange
(ticker: BGBIO). For more information, visit www.bergenbio.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act.

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