Catalent, Inc. announced that current board member and lead independent director J. Martin Carroll has been unanimously selected by its Board of Directors to succeed John Chiminski and serve as Chair following Mr. Chiminski's retirement. Mr. Chiminski, who led Catalent for more than 13 years as CEO and was succeeded by Alessandro Maselli on July 1, 2022, will retire from his remaining responsibilities on June 30, 2023, upon completion of his transitional year as Executive Chair of Catalent's Board of Directors. Director Rolf Classon will also retire from the Board as of the Company's next annual meeting in October 2023, having reached the Board's mandatory retirement age, and Director Peter Zippelius, the designee of investors affiliated with Leonard Green & Partners pursuant to a Stockholders' Agreement with the Company, will retire from the Board at the end of January 2023 in accordance with the terms of that agreement, since those investors no longer own the minimum threshold required for designating a director.

Following the retirements of Messrs. Chiminski, Classon, and Zippelius, the Board will be reduced to 11 directors, including 9 independent members, 3 female members, and 2 ethnically or racially diverse members.