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BerGenBio

Board/Management Information Jan 6, 2022

3555_rns_2022-01-06_d0b6fbb3-d64d-4019-94b0-f0c5d092ae26.html

Board/Management Information

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BERGENBIO APPOINTS ANDERS TULLGREN AS CHAIRMAN OF BOARD

BERGENBIO APPOINTS ANDERS TULLGREN AS CHAIRMAN OF BOARD

Bergen, Norway, 6 January 2022- BerGenBio ASA (OSE:BGBIO), a clinical-stage

biopharmaceutical company developing novel, selective AXL kinase inhibitors for

severe unmet medical need, announces today the appointment of Anders Tullgren to

succeed Sveinung Hole as Chairman of the Board of Directors, effective today.

Sveinung Hole has been Chairman of the Board since March 2019 and will continue

to serve as a Board Member.

Anders Tullgren has over 35 years of global experience in both large

pharmaceutical and small/mid-size biotech environments, with senior leadership

roles in the United States, Germany, France, the United Kingdom, and the Nordic

region. He spent over 20 years at Bristol Myers Squibb, most recently as

President, Intercontinental Region at the firm, with responsibility across 30

countries, 5,000 employees and a turnover of over 2.7 billion USD. Anders has in

his career worked with several oncology products and was leading the successful

launch of BMS immuno-oncology portfolio in the intercontinental region.

Anders is an experienced non-executive director with current Board and Chair

positions at Branding Science Ltd (UK), Xbrane Biopharma AB (Sweden), Farmalisto

(Panama) and Dizlin Pharmaceuticals AB (Sweden). He holds an MSc in

Pharmaceutical Studies from Uppsala University (Sweden) and a Diploma in

Marketing & Business Administration from MIS (Sweden).

Martin Olin, Chief Executive Officer of BerGenBio, commented: "We're delighted

to welcome Anders Tullgren as Chairman. Anders' experience and deep knowledge of

development, commercialization and growth planning is highly valuable in our

journey to provide novel therapeutic modalities to treat severe diseases. I'd

like to take this opportunity to thank Sveinung for his excellent leadership of

the Board during the past few years, which have seen a number of important

milestones as we progress our clinical trials."

On his appointment as Chairman of the Board, Anders Tullgren said: "It is an

honor to have the opportunity to take on the role of Chairman and to work within

an incredible company and alongside a strong leadership team. I look forward to

supporting BerGenBio as it advances the progression of its lead candidate,

bemcentinib, and working closely with Martin, Sveinung and the rest of the

Board."

-End-

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 immune-evasive, therapy resistant cancers. The

company's proprietary lead candidate, bemcentinib, is a potentially first-in

-class selective AXL inhibitor in a broad phase II clinical development

programme focused on combination and single agent therapy in cancer and COVID

-19. A first-in-class functional blocking anti-AXL antibody, tilvestamab, is

undergoing phase I clinical testing. In parallel, BerGenBio is developing a

potential companion diagnostic test to identify patient populations most likely

to benefit from AXL inhibition: this is expected to facilitate more efficient

registration trials supporting a precision medicine-based commercialisation

strategy.

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

Contacts

Martin Olin CEO, BerGenBio ASA

[email protected]

Rune Skeie, CFO, BerGenBio ASA

[email protected]

International Media Relations

Mary-Jane Elliott, Chris Welsh, Lucy Featherstone

Consilium Strategic Communications

[email protected]

+44 20 3709 5700

Forward looking statements

This announcement may contain forward-looking statements, which as such are not

historical facts, but are based upon various assumptions, many of which are

based, in turn, upon further assumptions. These assumptions are inherently

subject to significant known and unknown risks, uncertainties, and other

important factors. Such risks, uncertainties, contingencies and other important

factors could cause actual events to differ materially from the expectations

expressed or implied in this announcement by such forward-looking statements.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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