Bavarian Nordic Announces Interim Results for the First Nine Months of 2023 - Seite 2

Highlights from the third quarter

• The chikungunya vaccine candidate, CHIKV VLP is progressing towards regulatory submissions in the U.S. and Europe in 2024 after reporting positive topline results from two Phase 3 clinical trials in both adults and adolescents aged 12 to 64 years of age and adults aged 65 and above. A Phase 3 rollover study was initiated to evaluate the long-term safety and immunogenicity of the vaccine candidate as well as responses to a booster vaccination up to five years after the initial vaccination.
• A new contract valued at USD 120 million was received from the U.S. government, primarily supporting manufacturing of new bulk vaccine in 2023 to partly replenish the inventory used for the mpox outbreak.
• A second contract was entered to supply smallpox vaccines to rescEU, a strategic reserve within the EU. The order valued at more than EUR 11 million brings the expected total rescEU smallpox revenues for 2024 to EUR 21 million.

Events after the reporting date

• In October, the U.S. CDC Advisory Committee on Immunization Practices (ACIP) voted to recommend the routine use of JYNNEOS in adults at risk of mpox infection, thus broadening its previous recommendation, which only covered outbreak situations. Pending approval of the updated recommendations, Bavarian Nordic is targeting a commercial launch of JYNNEOS in the U.S. in the first half of 2024.
• The Board of Directors has appointed Ms. Montse Montaner Picart as observer to the board with the intent to nominate her for election at the annual general meeting in April 2024. Ms. Picart is former and the first Chief Sustainability Officer of Novartis where she has held various leading positions. She has more than 30 years of industry and executive experience and has received several recognitions for her leadership in driving sustainable organizations.

Conference call and webcast
The management of Bavarian Nordic will host an investor/analyst call today at 2 pm CET (8 am EST) to present the interim results followed by a Q&A session. A listen-only version of the call and presentation slides can be accessed via https://bit.ly/3tonMNp. To join the Q&A session, please register in advance via https://bit.ly/48Cp0F2.

Contacts
Europe: Rolf Sass Sørensen, Vice President Investor Relations, Tel: [phone]
US: Graham Morrell, Paddock Circle Advisors, [e-mail], Tel: [phone]

Company Announcement no. 36 / 2023
About Bavarian Nordic
Bavarian Nordic is a fully integrated vaccine company with a mission to protect and save lives through innovative vaccines. We are a global leader in smallpox and mpox vaccines, supplied to governments to enhance public health preparedness and have a strong portfolio of vaccines for travelers and endemic diseases. For more information visit www.bavarian-nordic.com.