Clover Announces Executive Leadership Appointments - Seite 2

Lily Yang has over 20 years of experience in human resources, corporate culture innovation, and organizational change management, working across Greater China, the rest of Asia, and the U.S. She has served as Clover’s Senior Vice President of Human Resources since May 2021. Prior to Clover, she was Vice President of People and Culture at WeWork Greater China, where she was part of the global executive leadership team. At WeWork, Ms. Yang grew its Greater China operations from 50 employees to over 2,000, led the company’s scalable growth and innovation initiatives, and successfully created a unique WeWork culture. Before WeWork, she held international and local corporate HR leadership roles at Nike, Levi Strauss & Co, Nielsen, and General Motors, where she oversaw leadership and talent development, designed collaboration-based organizational strategies, and drove high-performance culture. Ms. Yang received her MBA from Fudan University & BI Norwegian Business School and a bachelor’s degree from East China Normal University.

Clover also announced that Phillip Lee has decided to step down as Clover’s Chief Financial Officer and Chief Operating Officer for personal reasons, but will remain with the company as a strategic advisor to ensure a smooth transition. Clover expresses its gratitude to Mr. Lee for his dedicated service and significant contributions to the company.

About Clover Biopharmaceuticals
Clover Biopharmaceuticals is a global clinical-stage biotechnology company committed to developing novel vaccines and biologic therapeutic candidates. The Trimer-Tag technology platform is a product development platform for the creation of novel vaccines and biologic therapies. Clover leveraged the Trimer-Tag technology platform to become a COVID-19 vaccine developer and created SCB-2019 (CpG 1018/Alum) to address the COVID-19 pandemic caused by SARS-CoV-2.

For more information, please visit Clover's website: www.cloverbiopharma.com and follow the company on Twitter and LinkedIn.

Clover Forward-looking Statements
This press release contains certain forward-looking statements and information relating to us and our subsidiaries that are based on the beliefs of our management as well as assumptions made by and information currently available to our management. When used, the words "aim," "anticipate," "believe," "could," "estimate," "expect," "going forward," "intend," "may," "might," "ought to," "plan," "potential," "predict," "project," "seek," "should," "will," "would" and the negative of these words and other similar expressions, as they relate to us or our management, are intended to identify forward-looking statements.