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Cellectis Appoints Arthur Stril as Interim Chief Financial Officer New York, NY

Key Takeaway: Cellectis has appointed Arthur Stril as interim Chief Financial Officer following the resignation of Bing Wang. Stril, who has been with Cellectis since 2018 and previously served as Chief Business Officer, will oversee finance and investor relations while continuing his role in business development. The company expresses confidence in Stril's capabilities to advance its clinical trials and partnerships in the cell and gene therapy sector as it focuses on addressing unmet medical needs in cancer treatment. Cellectis emphasizes its ongoing commitment to innovation and excellence during this transition.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Arthur Stril as interim CFO is seen as a positive move.
  • Stril's extensive experience within Cellectis positions him well for the role.
  • Cellectis is focusing on expanding its pipeline and pursuing pivotal trials.

Full Press Release Details

Cellectis Appoints Arthur Stril as Interim Chief Financial Officer
New York, NY - May 2, 2024 Cellectis (the Company ) (Euronext Growth: ALCLS NASDAQ: CLLS), a clinical-stage
biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, announced today the resignation of Mr. Bing Wang from his position of the Company with immediate effect, and the concomitant
appointment of Mr. Arthur Stril as interim Chief Financial Officer, replacing Mr. Bing Wang.
Mr. Stril joined Cellectis in 2018 as Vice
President, Corporate Development, and was appointed Chief Business Officer in 2020. He has been managing Cellectis business development and portfolio management teams and most recently led the execution of the Company s strategic
collaboration and investment agreements with AstraZeneca. As interim Chief Financial Officer, Mr. Stril will oversee the finance, and investor relations functions, and continue to oversee the business development functions. He will remain based
in Cellectis New York office.
On behalf of Cellectis Board and team, I would like to warmly thank Bing for his contribution to the
Company during his tenure, he was a key member of our leadership team during important corporate moments. We wish only the best for Bing and his family, said Andr Choulika, PhD., Chief Executive Officer and Founder of
While I will undoubtedly miss Bing, we are extremely excited about our next phases of growth and the nomination of Arthur as the
interim CFO. Arthur has a deep knowledge and understanding of Cellectis. He will be of tremendous value to Cellectis as interim CFO as we advance our critical pipeline of assets into expansion and pivotal trials and explore new
opportunities. Arthur s commitment to excellence aligns perfectly with Cellectis values and vision for the future. As for the past years, he will be instrumental as we progress in the development of therapies for hard-to-treat cancer patients.
I am very excited to step into the role of interim CFO and contine to work with Cellectis teams,
shareholders and partners at such an important moment for the company, said Arthur Stril. I look forward to continuing to build on the momentum of the recent years, as Cellectis keeps executing on its clinical trials, internal
manufacturing, groundbreaking innovation, and strategic partnerships with leaders in the cell and gene therapy space.
career at the European Commission s Directorate-General for Competition, controlling global pharmaceutical mergers. He later became head of the Hospital Financing Unit at the French Ministry of Health. Since 2023, Mr. Stril serves on the
board of directors of Primera Therapeutics as a director designated by Cellectis. Mr. Stril graduated with a Master of Mathematics from Cambridge University and a Master of Physics from the cole Normale Sup rieure and holds
immunotherapy and immuno-oncology diplomas from the University of Paris. Mr. Stril is also a member of the French Corps des Mines and is on the Board of Advisors of non-profit Life Science Cares.
Cellectis is a clinical-stage
biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies. Cellectis utilizes an allogeneic approach for CAR-T immunotherapies in oncology, pioneering the
concept of off-the-shelf and ready-to-use gene-edited CAR
T-cells to treat cancer patients, and a platform to make therapeutic gene editing in hemopoietic stem cells for various diseases. As a clinical-stage biopharmaceutical company with over 24 years of experience
and expertise in gene editing, Cellectis is developing life-changing product candidates utilizing TALEN , its gene editing technology, and PulseAgile, its pioneering electroporation system to
harness the power of the immune system in order to treat diseases with unmet medical needs. Cellectis headquarters are in Paris, France, with locations in New York, New York and Raleigh, North Carolina. Cellectis is listed on the Nasdaq Global
Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS).
Cautionary Statement
This press release contains forward-looking statements within the meaning of applicable securities laws, including the Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as continue, and will, or the negative of these and similar expressions. These forward-looking statements, which are based on our
management s current expectations and assumptions and on information currently available to management. Forward-looking statements include statements about advancement, timing and progress of clinical trials (including with respect to patient
enrollment and follow-up). These forward-looking statements are made in light of information currently available to us and are subject to numerous risks and uncertainties, including with respect to the
numerous risks associated with market conditions, and with biopharmaceutical product candidates development. With respect to our cash runway, our operating plans, including product development plans, may change as a result of various factors,
including factors currently unknown to us. Furthermore,
many other important factors, including those described in our Annual Report on Form 20-F and in our annual financial report (including the
management report) for the year ended December 31, 2023 and subsequent filings Cellectis makes with the Securities Exchange Commission from time to time, which are available on the SEC s website at , as well as other known and unknown
risks and uncertainties may adversely affect such forward-looking statements and cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Except as required
by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes
available in the future.
For further information on Cellectis, please contact:
Pascalyne Wilson, Director, Communications
+33 (0)7 76 99 14 33, media@cellectis.com
Patricia Sosa Navarro, Chief of Staff to the CEO, +33 (0)7 76 77 46 93
Investor Relations contacts:
Arthur Stril, interim Chief
Financial Officer, +1 (347) 809 5980, investors@cellectis.com
Ashley R. Robinson, LifeSci Advisors, +1 (617) 430 7577

Frequently Asked Questions

Who is the new interim Chief Financial Officer of Cellectis?

Arthur Stril has been appointed as the interim Chief Financial Officer of Cellectis.

What role did Arthur Stril have before becoming interim CFO?

Before his appointment, Arthur Stril served as Chief Business Officer since 2020.

What key responsibilities will Arthur Stril have as interim CFO?

Arthur Stril will oversee finance, investor relations, and business development.

What is Cellectis known for in the biotechnology field?

Cellectis is known for its gene-editing platform that develops cell and gene therapies.

Where are Cellectis's headquarters located?

Cellectis is headquartered in Paris, France, with locations in New York and Raleigh.

Last updated: May 2, 2024