MaaT Pharma Presents the Results of its Annual
Ordinary and Extraordinary General Meeting
Lyon, France, June 24 2025 – 8:00 pm CET – MaaT Pharma (EURONEXT: MAAT – the
“Company”), a clinical-stage biotechnology company and a leader in the development of
Microbiome Ecosystem TherapiesTM (MET) dedicated to enhancing survival for patients
with cancer through immune modulation, today presents the results of its Annual and
Extraordinary General Meeting held on Friday, June 20, 2025 at 9:30 am CET at the Company's
office and broadcasted live (replay available here). The quorum reached by the shareholders
present, representing, or voting remotely, was above 73 % of voting shares.
Shareholders overwhelmingly approved most of the resolutions put forward by the Board of
Directors by a majority of over 99 % (with the exception of the 29th and 34th resolutions
approved by nearly 69% of voters). The following resolutions were approved:
• Approval of the financial statements for fiscal year 2024;
• The compensation policy for corporate officers (Chairman, Chief Executive Officer and
Directors) and the compensation paid or awarded during 2024 fiscal year - details of the
votes on the said resolution is available on the Company’s website here;
• Financial resolutions, notably delegations of authority to the Board of Directors to carry
out capital increases in various situations;
• Delegation of authority to the Board of Directors to decide on any merger, demerger or
partial contribution of assets (29th resolution).
Only one resolution was rejected:
• Delegation of authority to the Board of Directors to carry out a capital increase through
the issue of shares or securities giving access to the capital, reserved for members of a
company savings plan, with the cancellation of preferential subscription rights in their
favor (36th resolution).
Shareholders also approved the renewal of the terms of office for current directors Mr. Jean-
Marie Lefèvre, Mrs. Dorothée Burkel, Mrs. Nadia Kamal, Mr. Claude Bertrand, Mr. Hervé
Affagard, Mr. Jean Volatier, Seventure Partners, and the appointment of a representative from
Bpifrance Investissement as a director. It is also noted that the presidency of Mr. Karim Dabbagh
came to an end at the close of the Annual Shareholders’ Meeting on June 20, 2025, as his


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mandate is reaching its term. The Board and the Company thank Mr. Dabbagh for his
contribution and his service as Chairman and wishes him every success in his future endeavors.
Following the Annual General Meeting, the Board of Directors meeting that took place on June
24th, 2025, appointed Mr. Jean-Marie Lefèvre as Chairman of the Board for the duration of his
term of office, which he had previously led for 5 years between 2018- 2023.
In accordance with the approval of resolutions 19 and 20, the Company also announces that the
Board of Directors has decided to maintain the liquidity contract signed with Kepler Cheuvreux
for the liquidity of the Company's shares listed on Euronext Paris. Information on this contract
is available in the Company's Universal Registration Document (French only).
The full minutes of the Annual General Meeting and the results of the votes, resolution by
resolution, will be made available shortly on the Company’s website www.maatpharma.com in
the Investors/ Shareholder Meetings’ section.
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About MaaT Pharma
MaaT Pharma is a leading, late-stage clinical company focused on developing innovative gut microbiome-driven
therapies to modulate the immune system and enhance cancer patient survival. Supported by a talented team
committed to making a difference for patients worldwide, the Company was founded in 2014 and is based in Lyon,
France. As a pioneer, MaaT Pharma is leading the way in bringing the first microbiome-driven
immunomodulator in oncology. Using its proprietary pooling and co-cultivation technologies, MaaT Pharma
develops high diversity, standardized drug candidates, aiming at extending life of cancer patients. MaaT
Pharma has been listed on Euronext Paris (ticker: MAAT) since 2021.

Forward-looking Statements
All statements other than statements of historical fact included in this press release about future events are subject
to (i) change without notice and (ii) factors beyond the Company’s control. These statements may include, without
limitation, any statements preceded by, followed by, or including words such as “target,” “believe,” “expect,” “aim”,
“intend,” “may,” “anticipate,” “estimate,” “plan,” “project,” “will,” “can have,” “likely,” “should,” “would,” “could” and
other words and terms of similar meaning or the negative thereof. Forward-looking statements are subject to inherent
risks and uncertainties beyond the Company’s control that could cause the Company’s actual results or performance
to be materially different from the expected results or performance expressed or implied by such forward-looking
statements.

Contacts

MaaT Pharma – Investor Relations MaaT Pharma – Media Relations
Guilhaume DEBROAS, Ph.D. Pauline RICHAUD
Head of Investor Relations Senior PR & Corporate Communications Manager
+33 6 16 48 92 50 +33 6 14 06 45 92
invest@maat-pharma.com media@maat-pharma.com

Rx Communications Group – U.S. Investor Relations Catalytic Agency – U.S. Media Relations
Michael Miller Heather Shea
Managing Director Media relations for MaaT Pharma
+1-917-633-6086 +1 617-286-2013
mmiller@rxir.com heather.shea@catalyticagency.com




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