EOS Announces New Composition of Board of Directors and Convening of Annual Shareholders' Meeting

Regulatory News:

EOS imaging (Euronext, FR0011191766 - EOSI - Eligible PEA - PME) (the "Company"), a leader in 2D/3D orthopedic medical imaging and software solutions for 3D anatomical modeling and surgical planning, announced that its Board of Directors met today to acknowledge the change of control of the Company following the completion of the first tender offer initiated by Alphatec Holdings, Inc. (Nasdaq: ATEC) (“ATEC”), as a result of which, ATEC holds 89.1% of the common shares and voting rights of the Company¹ and 57.2% of the outstanding OCEANEs. The tender offer has been reopened as of May 17 through June 2, 2021 (included).

Pursuant to the tender offer agreement entered into by the two companies in December 2020², the Board of Directors has co-opted, at the request of ATEC, Messrs. Pat Miles, Eric Dasso and Tyson Marshall as Company directors.³ These directors replace Messrs. Mike Lobinsky, Antoine Vidal and Eric Beard.

These co-optations will be submitted for ratification at the next shareholders' meeting on June 29, 2021. The Board of Directors comprises six directors⁴, of which, two are independent. The governance in place remains in compliance with the principles of the French Commercial Code and the Middlenext Code to which the Company refers.

Mr. Gérard Hascoët remains Chairman of the Board of Directors and Mr. Mike Lobinsky continues to exercise his functions as Chief Executive Officer.

“EOS understands the need for safe, reliable and reproducible clinical information from diagnosis through follow-up and shares in ATEC’s drive to better inform surgery by coupling objective clinical information with compelling approach-based spine technologies” said Pat Miles, ATEC’s Chairman and Chief Executive Officer. “As we finalize the tender offer process, our immediate priority now turns to the integration of ATEC’s technology with EOS’ valuable clinical information to improve spine surgery and further accelerate the adoption and pull-through of our entire portfolio. We are excited to begin this next chapter together.”

“I am delighted with the strong success of the tender offer initiated by Alphatec Holdings, now the majority shareholder of EOS imaging with nearly 90% of the share capital,” said Gérard Hascoët, Chairman of the Board of Directors of EOS imaging. “The appointments of Pat Miles, Eric Dasso and Tyson Marshall as directors will provide the appropriate governance with complementary expertise to lead the integration of the product and service offerings of both companies. I look forward to working with them to ensure the appropriate transition for the successful implementation of this new business plan.”