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CORRECTION – Maravai LifeSciences Releases 2024 Sustainability Report

Key Takeaway: Maravai LifeSciences has released its 2024 Sustainability Report, showcasing its commitment to sustainable growth and innovation. The report details advancements in product innovation, governance, and renewable energy initiatives. CEO Trey Martin emphasizes the importance of sustainability in fostering innovation and business resilience. The report aligns with global sustainability frameworks and goals.
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POSITIVE FACTORS

  • Maravai's commitment to sustainability is highlighted in their 2024 report.
  • The company is expanding its GMP manufacturing capacity.
  • Innovative product development is emphasized as a core focus.

Full Press Release Details

Accelerates product innovation, expands GMP manufacturing capacity, and deepens corporate-wide commitment to responsible growth
Debuts enhanced greenhouse gas accounting across Scopes 1-3 and advances renewable energy initiatives
Strengthens governance with appointment of independent Chairman of the Board and launches site level ethics liaison program
SAN DIEGO, May 21, 2025 (GLOBE NEWSWIRE) -- This release corrects and replaces the version distributed earlier today at 16:05 ET. The original version included the incorrect title of “Maravai LifeSciencesReleases 2024 Sustainability Report”. The corrected title is “Maravai LifeSciences Releases 2024 Sustainability Report”.
Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI), a global provider of lifescience reagents and services to researchers and biotech innovators through its portfolio companies TriLink BioTechnologies, Glen Research, Alphazyme, and Cygnus Technologies, today announced the publication of its2024 Sustainability Report, available on the Company’s Sustainability webpage (investors.maravai.com/sustainability). The new report highlights progress during calendar year 2024 across Maravai’s four priority areas – Product Innovation, Our People, Governance, and Sustainable Growth – and underscores the Company’s commitment to sustainable value creation.
“By embedding sustainability into every facet of our operations—from employee engagement to GMP scaleup — we foster innovation, strengthen our business resilience, and create long-term value for all stakeholders,” said Trey Martin, Chief Executive Officer. “Our 2024 achievements position Maravai to remain our customers’ first choice as they advance their programs in next-generation therapeutics and diagnostics.”
Key highlights from the 2024 report include:

Product Innovation

Our People

Governance

Sustainable Growth

The 2024 report was prepared in reference to the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) and Greenhouse Gas Protocol frameworks and maps selected disclosures to relevant U.N. Sustainable Development Goals (SDGs).

About Maravai

Maravai LifeSciences is an innovative lifesciences company that provides critical products to enable the development of breakthrough therapeutics, vaccines, cell and gene therapies and diagnostics. Through its TriLink BioTechnologies, Glen Research, Alphazyme and Cygnus Technologies brands, Maravai delivers complex nucleic acid chemistries, differentiated mRNA and enzyme solutions, and gold standard biologics safety tests to a global customer base spanning large pharmaceutical companies, emerging biotechs and leading academic institutions.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements related to future product offerings, facility capabilities, and sustainability initiatives. Forward-looking statements are neither historical facts nor assurances of future performance and are subject to risks and uncertainties that could cause actual results to differ materially. A detailed discussion of these risks is included in Maravai’s most recent Annual Report on Form 10K and subsequent filings with the U.S. Securities and Exchange Commission. Maravai undertakes no obligation to update forward-looking statements except as required by law.

Frequently Asked Questions

What does the 2024 Sustainability Report highlight?

The report highlights Maravai's progress in product innovation, governance, and sustainable growth.

Who is the CEO of Maravai LifeSciences?

Trey Martin is the Chief Executive Officer of Maravai LifeSciences.

What frameworks guided the 2024 report's preparation?

The report was prepared in reference to GRI, SASB, and the Greenhouse Gas Protocol.

How does Maravai support sustainability?

Maravai integrates sustainability into operations to foster innovation and create long-term value.

Last updated: May 21, 2025