Lytix Biopharma AS: Recommendation from the Nomination and Compensation Committee to the Annual General Meeting, resignation by board Chair

22 Apr 2025 21:18 CEST

Oslo, 22 April 2025 – Reference is made to the notice of the Annual General
Meeting in Lytix Biopharma AS (the "Company") which will be held on Tuesday 29
April 2025 at 13.00 CEST at the Company’s main office at Sandakerveien 138, 0484
Oslo, Norway.

The Company’s Nomination and Compensation Committee (NCC) has submitted its
formal recommendation to the General Meeting. The recommendation includes
proposals for the election of board members, the election of the Chair of the
Board, and the remuneration of the Board of Directors and the Nomination
Committee.

The recommendation is enclosed with this announcement and is also available on
the Company’s website: www.lytixbiopharma.com

Following the NCC’s recommendation, the Company has received a notice of
resignation from Marie Roskrow, Chair of the Board of Directors.

The Board and management wish to express their sincere gratitude to Marie
Roskrow for her leadership and dedication over the past two years. During her
tenure as Chair, she has played an important role in guiding the company through
a critical phase of development and in positioning Lytix for continued success.
Her contributions are highly valued and appreciated.

For further information, please contact:
Gjest Breistein, CFO
E-mail: gjest.breistein@lytixbiopharma.com
Phone: +47 952 60 512

About Lytix
Based in Oslo, Norway, Lytix Biopharma is a clinical-stage biotech company with
a highly novel technology based on world leading research in host-defense
peptide-derived molecules. Lytix Biopharma’s lead product, LTX-315, is a
first-in-class oncolytic molecule representing a new principle to boost
anti-cancer immunity. Lytix Biopharma has a pipeline of molecules that can work
in many different cancer indications and treatment settings, both as mono- and
combination therapy.

More information:
Access the news on Oslo Bors NewsWeb site

644086_Stock Exchange Notice - NCC Recommendation to AGM - Lytix Biopharma AS.pdf
644086_2025 Lytix Biopharma - Recommendation from the NCC - 2025-04-22.pdf