Transgene announced that, as part of the evolution of its corporate governance, the Board of Directors has proposed Alessandro Riva, MD, as Chairman of the Company. If this nomination is accepted by Company shareholders at the upcoming General Shareholder Meeting, the Board intends to appoint Dr. Riva to the position of Chairman. Dr. Riva, if confirmed as Chairman, will act as an independent member of the Board of Directors and will work closely with the Board and Transgene's CEO, Hedi Ben Brahim, to realize the potential of the Company's product portfolio to benefit patients with solid tumors.

Dr. Riva has nearly 30 years' experience in the Life Sciences industry and is currently CEO of Intima Bioscience which specializes in cell therapies for solid cancers. Prior to this role, he served as CEO of Ichnos Sciences and Executive Vice President (EVP), Global Head of Oncology Therapeutics and Cell & Gene Therapy at Gilead Sciences, where he was instrumental in the acquisition of Kite Pharma and led its integration and growth. He also managed the US and EU approvals of Yescarta, the first approved CAR-T cell therapy for adult patients with diffuse large B cell lymphoma.

Dr. Riva currently serves on the Boards of Beigene and Century Therapeutics.