Arecor Therapeutics plc

("Arecor" or the "Company")

BOARD CHANGE

ARECOR ANNOUNCES SUSAN LOWTHER TO STEP DOWN AS CHIEF FINANCIAL OFFICER

Cambridge, UK, 23 April 2024: Arecor Therapeutics plc (AIM: AREC), the biopharmaceutical group advancing today's therapies to enable healthier lives, today announced that Susan Lowther has decided to step down from her role as Chief Financial Officer, Company Secretary and as a Board Director, to pursue new opportunities.

A search for Susan's successor is underway and her last day with Arecor is expected to be on the 22 July, to ensure an effective handover.

Sarah Howell, Chief Executive Officer of Arecor, said: "On behalf of the Board and all at Arecor, I want to thank Susan for her contributions over the past five years, in our transition to a public company and growth as a business. We wish her every success in her future plans."

Susan Lowther, Chief Financial Officer of Arecor, said: "I am proud to have been Arecor's first Chief Financial Officer and of our achievements as a business, and believe the Company is well placed for further growth. I will watch the future progress with interest."

-ENDS-

For more information, please contact:

Notes to Editors

About Arecor

Arecor Therapeutics plc is a globally focused biopharmaceutical company transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products. By applying our innovative proprietary technology platform, Arestat™, we are developing an internal portfolio of proprietary products in diabetes and other indications, as well as working with leading pharmaceutical and biotechnology companies to deliver therapeutic products. The Arestat™ platform is supported by an extensive patent portfolio. 

For further details please see our website, www.arecor.com