Changes to the Management Board
EQS-News: Marinomed Biotech AG / Key word(s): Personnel
   Marinomed Biotech AG: Changes to the Management Board

   31.01.2025 / 12:10 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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    Marinomed Biotech AG: Changes to the Management Board

     • CFO Pascal Schmidt is resigning at the end of January 2025
     • Gabriele Ram, former Wienerberger AG, takes over the management of the
       finance department on an interim basis
     • Restructuring proceedings successfully completed, financing of the
       Company secured by the sale of the Carragelose business unit

   Korneuburg, Austria, 31. January 2025 – Marinomed Biotech AG (VSE:MARI)
   announces that CFO Pascal Schmidt is leaving the Company as of January
   31^st, 2025. Gabriele Ram will be taking over the administration of the
   financial agendas on an interim basis. Mrs. Ram brings extensive financial
   experience to Marinomed. In the past 10 years, she has held several
   C-Level positions in various companies in Germany and Austria. Until
   recently, she served as CFO for Wienerberger Piping Solutions, a former
   business unit of the stock-listed Wienerberger AG.

   “We would like to thank Pascal for his many years of commitment to
   Marinomed. We have experienced some exciting times together, starting with
   the IPO in 2019. Recently, the challenges we faced were quite demanding,
   but we were able to overcome them also thanks to his help. We wish him all
   the best and are pleased to welcome Gabriele Ram, an experienced financial
   expert, to our team”, Andreas Grassauer, CEO of Marinomed, says. “With the
   restructuring proceedings officially ended, we are now back in control and
   are focusing on the future. Most importantly, we are handing over the
   Carragelose business to Unither Pharmaceuticals, which paves the way for
   fully dedicating ourselves to the commercialization of the Marinosolv
   technology platform.”

   Simon Nebel, Chairman of Supervisory Board, comments: “In the name of the
   Supervisory Board of Marinomed I thank Pascal for his valuable work. We
   wish him all the best and much success for his future endeavors.”

   About Marinomed Biotech AG

   Marinomed Biotech AG is an Austrian, science-based biotech company with a
   growing development pipeline and globally marketed therapeutics. The
   Company develops innovative patent-protected products in the therapeutic
   areas immunology and virology based on the platform Marinosolv® and the
   virus-blocking activity of Carragelose®. The Marinosolv® technology
   improves the solubility and bioavailability of hardly soluble compounds
   and is used to develop new therapeutics for autoreactive immune disorders.
   The virology segment includes Carragelose®-based over-the-counter (OTC)
   products to prevent and treat respiratory viral infections that are
   partnered in more than 40 countries. The Company is headquartered in
   Korneuburg, Austria, and is listed on the Vienna Stock Exchange
   (VSE:MARI). For further information, please visit:
   (1)https://www.marinomed.com.

   For further inquiries contact:

   Marinomed Biotech AG
   PR & IR: Lucia Ziegler
   T: +43 2262 90300 158
   E-Mail: (2)pr@marinomed.com 
   E-Mail: (3)ir@marinomed.com

   Disclaimer

   This press release contains forward-looking statements, which are based on
   current views, expectations and projections of the management of Marinomed
   Biotech AG about future events. These forward-looking statements are
   subject to risks, uncertainties and assumptions that could cause actual
   results, performance or events to differ materially from those described
   in, or expressed or implied by, such statements. The current views,
   expectations and projections of the management of Marinomed Biotech AG may
   be identified by the context of such statements or words such as
   “anticipate,” “believe”, “estimate”, “expect”, “intend”, “plan”, “project”
   and “target”. Forward-looking statements are only valid as of the date
   they are made and Marinomed Biotech AG does not assume any obligation to
   update, review or revise any forward-looking statements contained in this
   press release whether as a result of new information, future developments
   or otherwise. Marinomed, Marinosolv® and Carragelose® are registered
   trademarks of Marinomed Biotech AG. These trademarks may be owned or
   licensed in select locations only.

    

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   31.01.2025 CET/CEST This Corporate News was distributed by EQS Group.
   www.eqs.com

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   Language:    English
   Company:     Marinomed Biotech AG
                Hovengasse 25
                2100 Korneuburg
                Austria
   Phone:       +43 2262 90300
   E-mail:      office@marinomed.com
   Internet:    www.marinomed.com
   ISIN:        ATMARINOMED6
   WKN:         A2N9MM
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
                Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
                (Official Market)
   EQS News ID: 2079095


    
   End of News EQS News Service


   2079095  31.01.2025 CET/CEST

References

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   2. mailto:pr@marinomed.com
   3. mailto:ir@marinomed.com

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