Patrys Limited announced that Ms. Suzy Jones will be retiring as a Director of the company effective from close of business on 15 September 2023. Ms. Jones joined the Patrys Board in 2011 and has played a pivotal role in the Company's evolution over the last decade. Her corporate strategy, drug development and business development guidance helped Patrys gain access to novel technologies and expand its portfolio.

Ms Jones also leveraged her global network to attract industry experts to support Patrys' mission. Ms. Jones is Founder and Managing Partner of DNA Ink LLC, a life sciences advisory firm in San Francisco and prior to starting her own firm, spent 20 years at Genentech where she served in roles in immunology research, product development and business development. Ms. Jones' departure aligns with the Company's previously noted vision to refresh its Board of Directors in keeping with good governance practices.

Ms. Jones has on-going obligations as co-founder of an antibody drug conjugate company and consultant CBO to her DNA Ink clients. Patrys has now commenced searching for a new Non-Executive Director to help contribute to its next phase of growth as it becomes a clinical-stage therapeutic development company.