Berlin, Germany - NOXXON Pharma N.V. (Euronext Growth Paris: ALNOX), a biotechnology company focused on improving cancer treatments by targeting the tumor microenvironment (TME), announced the results of its 2022 annual general meeting of shareholders (AGM), which took place on June 29, 2022, at 02.00 p.m. CEST. Shareholders representing a total of 9.33% of the total issued and outstanding share capital on June 1, 2022, were represented in person or by proxy.

All proposed resolutions submitted to the AGM were approved, including the company name change from 'NOXXON Pharma N.V.' to 'TME Pharma N.V.'

Aram Mangasarian, CEO of NOXXON Pharma, commented: 'Our new name, TME Pharma, reflects the company's transformation into an oncology biotech and matches our strategy to deliver best-in-class therapeutics targeting the tumor microenvironment (TME) in the most aggressive cancers. We believe that our unique approach enables anti-cancer treatment combinations that will have a greater therapeutic impact in cancer indications that respond poorly to available therapies.'

The company has reserved a new trading symbol, ALTME, and plans to submit notice of the company name change to the Euronext Growth Paris. The company expects to trade under the new symbol within the next few weeks. Until then, it intends to continue trading under its current stock symbol, ALNOX.

Contact:

NOXXON Pharma

N.V. Aram Mangasarian, Ph.D.

Chief Executive Officer

Tel: +49 (0) 30 726247 0

E: amangasarian@noxxon.com

About NOXXON

NOXXON's oncology-focused pipeline acts on the tumor microenvironment (TME) and the cancer immunity cycle by breaking the tumor protection barrier and blocking tumor repair. By neutralizing chemokines in the TME, NOXXON's approach works in combination with other forms of treatment to weaken tumor defenses against the immune system and enable greater therapeutic impact. NOXXON's lead program NOX-A12 has delivered final top-line data from a Keytruda combination trial in metastatic colorectal and pancreatic cancer patients published at the ESMO conference in September 2020 and in July 2021 the company announced its Phase 2 study, OPTIMUS, to further evaluate safety and efficacy of NOX-A12 in combination with Merck's Keytruda and two different chemotherapy regimens as secondline therapy in patients with metastatic pancreatic cancer. NOXXON is also studying NOX-A12 in brain cancer in combination with radiotherapy which has been granted orphan drug status in the US and EU for the treatment of certain brain cancers. GLORIA, a trial of NOX-A12 in combination with radiotherapy in newly diagnosed brain cancer patients who will not benefit clinically from standard chemotherapy has delivered top-line data from all three dose-escalation cohorts showing consistent tumor reductions and objective tumor responses. Additionally, GLORIA has been expanded to assess the benefit of NOX-A12 with other treatment combinations, radiotherapy + bevacizumab and radiotherapy + pembrolizumab. The company's second clinical-stage asset NOX-E36 is a Phase 2 TME asset targeting the innate immune system. NOXXON plans to test NOX-E36 in patients with solid tumors. Further information can be found at: www.noxxon.com.

Disclaimer

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