Valbiotis announced the appointment of Frédéric PELONG to the Company's Board of Directors. Frédéric PELONG joined Valbiotis on June 1 as Chief Financial Officer to support the Company's expansion. His arrival comes at a key moment in Valbiotis' history as it approaches its commercialization phase, with the upcoming market release of TOTUM•63 as part of a strategic partnership with Nestlé Health Science and of TOTUM•70, expected no later than the first half of 2024.

Frédéric PELONG aged 48, brings a wealth of experience in finance, acquired over more than twenty years working for mid-caps and major international groups managing high-profile brands. Former Financial Audit Manager at E&Y, Frédéric PELONG then held various cross-functional financial positions at Pernod Ricard before becoming Chief Financial Officer of the Swiss subsidiary. He was subsequently appointed Chief Financial Officer of the Christofle Group, and more recently Audika.

Over his career, he has acquired a solid expertise in supporting growth and development in new markets, mastering a wide variety of business models. Frédéric PELONG is a graduate of Kedge and holds a DECF accounting and financial diploma.