Media Release - ad hoc announcement pursuant to Art. 53 LR

PolyPeptide Group appoints Neil Thompson as Director Global Sales and Marketing and member of the Executive Committee, succeeding Jan Christensen

Zug, December 1, 2021 - PolyPeptide Group AG, a global leader in peptide development and manufacturing, today announced the appointment of Neil Thompson as Director Global Sales and Marketing and member of the Executive Committee. As per 1 January 2022, he will succeed Jan Christensen, who will step down after 11 years in the role.

PolyPeptide CEO Raymond De Vré comments: "The two worked together over many years in customer facing roles. This internal succession ensures continuity and reflects well on our internal talent pool. I am excited that Neil accepted the new challenge, and I am grateful to Jan for his inspiring and exemplary leadership. Together with the sales and operations teams, Jan was instrumental in developing today's leading position of PolyPeptide. I am convinced that with Neil's unique mix of technical and sales experience, we are in an excellent position to capture the growth opportunities ahead of us."

Neil James Thompson (49, British) joined PolyPeptide in 2004 and held various sales and business development roles, most recently, since 2019, as Group Commercial Director. He graduated from Liverpool John Moores University with a Bachelor of Science degree in Applied Chemistry and Biochemistry.

Jan Christensen (61, Danish) joined PolyPeptide in 2002 as Head of Generics Europe, then had various positions with increasing responsibilities. In 2010 he was appointed Director Global Sales and Marketing. After stepping down from his executive position in January 2022, Mr. Christensen will support selected business development projects before retiring towards the end of 2022.

Contact
Michael Stäheli, Head of Investor Relations & Corporate Communications
michael.staeheli@polypeptide.com, +41 41 723 20 34

About PolyPeptide
PolyPeptide is a Contract Development & Manufacturing Organization (CDMO) focusing on proprietary and generic GMP-grade peptides used by pharmaceutical and biotech companies in approved pharmaceutical products, drugs in clinical development as well as in generic products. Dating back to 1952, PolyPeptide today manufactures around one-half of all currently approved peptide drug substances with a global footprint of six GMP-certified facilities in Europe, the U.S. and India. As a multinational company with more than 1'000 employees, its diversity brings breadth, depth of knowledge and experience to the group. PolyPeptide has grown organically and by selective acquisition of existing expertise, culminating in its position today as a leader in outsourced peptide manufacturing. PolyPeptide's shares (SIX: PPGN) are listed on the Swiss Stock Exchange. For more information, visit polypeptide.com.

Disclaimer
This release contains certain forward-looking statements that reflect the current views of management. Such statements are subject to known and unknown risks, uncertainties and other factors that may cause actual developments to differ materially from those expressed or implied in this release. PolyPeptide is providing the information in this release as of this date and, except as required by applicable laws or regulations, does not undertake any obligation to update any statements contained in it as a result of new information, future events or otherwise.