Eurobio-Scientific SA

RESULTS FOR THE 1ST HALF OF 2024 Revenues up 12% on a like-for-like basis (24% overall)Stable adjusted EBITDA1 and operating profitNet financial debt down slightly to €1.6m, with cash of €86.6mProposed voluntary takeover bid Paris, September 24, 2024 - 6pm - Eurobio Scientific (FR0013240934, ALERS), a leading French group in in vitro medical diagnostics and life sciences, today announced its consolidated annual results at June 30, 2024, prepared under French GAAP and approved by the company's Board of Directors at its meeting on September 24, 2024. Eurobio Scientific's results at June 30, 2024 show relative stability, with growth in sales offset by a slight fall in gross margin rate and an increase in expenses. in €mJune 30, 2024June 30, 2023 ChangeRevenues73.159.2 +23%R&D subsidies and research tax credit0.40.2 -Total revenues73.559.4 +24%Cost of goods sold-39.8-31.8 +25%Adjusted gross margin133.627.5 +22%Gross margin33.424.0 R&D expenses-2.9-3.1 -6%Marketing and sales expenses-11.9-7.8 +53%G&A expenses-7.6-5.4 +41%EBITDA13.69.9 Adjusted EBITDA113.913.4 +4%Amortisation of intangible assets from PPA-2.3-2.3 -Amortisation of goodwill-1.9-1.4 -Operating result6.84.1 -Adjusted operating result111.211.2 0%Financial result-1.0-1.3 -23%Extraordinary result0.10.1 -Taxes-1.9-0.7 +171%Net result4.02.2 +82% June 30, 2024Dec 31, 2023 Cash86.689.0 Financial debt excluding leasing88.294.5 Shareholders’ equity178.7175.0 Growth driven by recent acquisitions and stable share of proprietary products Eurobio Scientific recorded revenues of €73.1m in the first half of 2024, compared with €59.1m at the end of June 2023, an increase of 24%. On a like-for-like basis, i.e. excluding the effects of acquisitions, growth was 12%. Half-year revenues for 2024 include €7.9m generated by One Lambda, compared with €7.3m in the first half of 2023, due to the extension of certain calls for tender. It should be noted that the One Lambda contract was terminated in October 2022 and that sales are therefore continuing on certain current tenders until they expire. The perimeter effects for the first half are as follows: DID's revenues amounted to €6.1m, while Alpha Biotech's revenues amounted to €1.3m. Excluding the effect of changes in the scope of consolidation, the €6.9m increase in sales was mainly due to the activities of GenDx (acquired at the end of 2022), which accounted for €3.6m (+32%), and France, which accounted for €3.1m (+8%). The rest of the Group's activities posted limited growth of around 2%. GenDx grew in all territories (Europe, the United States and internationally), with a number of one-off international distribution contracts contributing €0.8m to this growth. Adjusted for this non-recurring effect, GenDx grew by around 25% over the first half. Growth in the Group's French activities over the first half was driven by certain non-recurring factors, such as the Covid and Pertussis epidemics, and as previously mentioned, the extension for several months of certain tenders in Transplantation. Excluding these effects, revenues are stable. The share of proprietary products is stable, despite the integration of DID's distribution activities, at around 29% of sales (compared with 30% of sales in the first half of 2023). Operating profit stable Gross margin rate fell slightly to 46.0% (vs. 46.7% in H1 2023). Exposure to the French market and downward trends in reimbursements for biological procedures explain the pressure on the Group's gross margin. Research and development expenses were slightly down at €2.9m in the first half. Marketing and sales costs rose by €4.1m (+53%). General and administrative expenses rose by €2.3m (+41%). The €6.1m increase in operating expenses over the first half is due to the scope effects with DID and Alpha Biotech (€3.5m) and to the evolution of business activity for the remainder. As a result, adjusted EBITDA at June 30, 2024 was €13.9m, compared with €13.3m at June 30, 2023. Adjusted operating profit was stable at €11.2m. Net financial expense was negative at €1.0m, due to the costs associated with the loan taken out to finance the acquisition of GenDx. After exceptional income of €52k and income tax of €1.9m (compared with €0.7m a year earlier), net profit was €4.0m at June 30, 2024. Free cash flow of €6.3m The Group generated free cash flow of €6.3m in the first half, driven by cash flow from operating activities of €10.9m, a €3.2m negative contribution from changes in working capital requirements, and net capital expenditure of €1.4m. With cash flow from financing activities of €8.7m, including €7.3m in repayments of loans and leases, Eurobio Scientific had cash of €86.6m at June 30, 2024, for financial debt excluding leases of €88.2m, giving net financial debt of €1.6m, compared with €5.5m a year earlier. Outlook Eurobio Scientific's policy is not to communicate objectives for the current financial year. In the medium term, the Eurobio Scientific Group will continue to pursue the strategic directions it has been developing for several years: the development of proprietary products, internationalisation and the opening up of new markets. Over the next 5 years, the Group hopes that proprietary products will account for around 50% of its revenues. Availability of the 2024 half-yearly financial report Eurobio Scientific made available to the public and filed with the French Financial Markets Authority (AMF) on 24 September 2024 its half-year financial report as at 30 June 2024. The half-year financial report can be found on the company’s website at: www.eurobio-scientific.com under the heading “investors” / “regulated information” / “half-year financial reports”. Proposed tender offer on Eurobio Scientific shares On 31 July 2024, Denis Fortier and the management team announced that Eurobio Scientific, NextStage AM and IK Partners had reached an agreement to form a consortium with a view to launch a voluntary tender offer. A press release, published jointly by the Company and the Consortium, presenting this project and its main preliminary features was made available on this date. As indicated in the press release issued on 31 July 2024, the draft offer document and draft reply document are expected to be filed at the end of September by the Bidder and the Company respectively, so that the Offer can be submitted to the AMF's (French Financial Markets Authority) College in October 2024. About Eurobio ScientificEurobio Scientific is a key player in the field of specialty in vitro diagnostics. It is involved from research to manufacturing and commercialization of diagnostic tests in the fields of transplantation, immunology and infectious diseases, and sells instruments and products for research laboratories, including biotechnology and pharmaceutical companies. Through many partnerships and a strong presence in hospitals, Eurobio Scientific has established its own distribution network and a portfolio of proprietary products in the molecular biology field. The Group has approximately 290 employees and four production units based in the Paris region, in Germany, in the Netherlands and in the United States, and several affiliates based in Dorking UK, Sissach Switzerland, Bünde Germany, Antwerp Belgium, Utrecht in The Netherlands and Milan in Italy.Eurobio Scientific's reference shareholder is the EurobioNext holding company which brings together its two directors, Jean-Michel Carle and Denis Fortier, alongside the "Pépites et Territoires" by AXA & NextStage AM investment program, managed by NextStage AM. For more information, please visit: www.eurobio-scientific.comThe company is publicly listed on the Euronext Growth market in ParisEuronext Growth BPI Innovation, PEA-PME 150 and Next Biotech indices, Euronext European Rising Tech label.Symbol: ALERS - ISIN Code: FR0013240934 - Reuters: ALERS.PA - Bloomberg: ALERS:FPContacts Groupe Eurobio ScientificDenis Fortier, Chairman and CEOOlivier Bosc, Deputy CEO / CFOTel. +33(0) 1 69 79 64 80CalyptusMathieu CalleuxInvestors RelationsTel. +33(1) 53 65 68 68 - eurobio-scientific@calyptus.net 1 Adjusted (i) for the value of inventory allocated to PPA (€ 3.5m in H1 2023, €0.3m in H1 2024) related to the GenDx acquisition and sold since then – non recurring, (ii) the amortisation of intangible assets allocated to PPA and (iii) goodwill amortisation Attachment CPEN_Eurobio_Scientific_RS2024

SALT LAKE CITY, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced it completed the sale of its EndoPredict® business to Eurobio Scientific, a leading French group in in vitro medical diagnostics and life sciences. As part of the sale, Myriad also licensed Eurobio the right to sell Prolaris® in vitro diagnostic kits outside of the U.S. In May 2024, Myriad announced the reorganization of its International operations to better align company resources to its domestic opportunities while continuing to serve key biopharma partners and patients globally. This transaction builds on Myriad's earlier efforts this year to accelerate profitable business growth across its portfolio. Myriad has the licensed rights to continue to produce and sell EndoPredict in the U.S. as part of Precise™ Oncology Solutions, its comprehensive suite of precision medicine tools for breast, prostate, ovarian, pancreatic, endometrial, and colon cancer. “The reorganization of Myriad’s International operations will enable us to continue growing our oncology and biopharma business in Europe and Asia, including Japan, through a more efficient commercial distribution model that reduces organizational complexity and enterprise risk,” said Paul J. Diaz, President and CEO, Myriad Genetics. About EndoPredict Breast Cancer Prognostic TestEndoPredict is a prognostic test that predicts patient risk of breast cancer recurrence to help identify who can consider safely forgoing chemotherapy. About Prolaris Prostate Cancer Prognostic TestProlaris is a molecular diagnostic test that provides personalized information about the aggressiveness of a patient's prostate cancer. About Myriad Genetics Myriad Genetics is a leading genetic testing and precision medicine company dedicated to advancing health and well-being for all. Myriad develops and offers genetic tests that help assess the risk of developing disease or disease progression and guide treatment decisions across medical specialties where genetic insights can significantly improve patient care and lower healthcare costs. For more information, visit www.myriad.com. Safe Harbor Statement This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including that the company’s reorganization of its International operations will better align company resources to its domestic opportunities while continuing to serve key biopharma partners and patients globally and will enable the company to continue growing its oncology and biopharma business in Europe and Asia through a more efficient commercial distribution model that reduces organizational complexity and enterprise risk. These “forward-looking statements” are management’s expectations of future events as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially and adversely from those anticipated. Such factors include those risks described in the company’s filings with the U.S. Securities and Exchange Commission, including the company’s Annual Report on Form 10-K filed on February 28, 2024, the company’s Quarterly Report on Form 10-Q filed on May 8, 2024, as well as any updates to those risk factors filed from time to time in the company’s Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Myriad is not under any obligation, and it expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law. Investor Contact Matt Scalo (801) 584-3532 IR@myriad.com Media Contact Glenn Farrell (385) 318-3718 PR@myriad.com

NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO ANY US PERSON, OR TO ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL. FIRST HALF 2024, A SOLID START TO THE FINANCIAL YEAR IN AN UNCERTAIN ENVIRONMENT PROPOSED TENDER OFFER Half-year revenue growth of +24% (+12% excluding the effects of changes in the scope of consolidation linked to the acquisitions of DID and Alpha Biotech)Maintaining the Group's strategic focus: Proprietary products: 29% of revenuesInternationalization: 42% of revenues generated outside France Conclusion of an agreement between Eurobio Scientific and a consortium led by Eurobio Scientific's team of entrepreneurs and managers, IK Partners and Nextstage AM, with a view to filing a voluntary tender offer Paris, July 31st, 2024 – 9:00 pm Eurobio Scientific (FR0013240934, ALERS), a leading French group in in vitro specialty medical diagnostics and life sciences, today presents its consolidated first-half revenues for the period ended on June 30, 2024. Solid revenues growth of +24% At the end of June 2024, Eurobio Scientific recorded revenues of €73.4m, compared with €59.1m at the end of June 2023, i.e. an increase of +24%. On a like-for-like basis, i.e. excluding the effects of acquisitions, growth remains solid at +12%. The perimeter effects for the first half are as follows: DID's revenues amounted to €6.1m, while Alpha Biotech's revenues amounted to €1.3m. Excluding the effect of changes in the scope of consolidation, the €6.9m increase in revenues came mainly from GenDx, where sales amounted to €3.6m (+32%), and from France, where sales amounted to €3.1m (+8%). The rest of the Group's activities posted limited growth of around 2%. GenDx grew in all territories (Europe, the United States and internationally), with a number of one-off international distribution contracts contributing to +€0.8m to this growth. Adjusted for this non-recurring effect, GenDx grew by around 25% over the first half. The Group’s French activities reported significant growth over the first half, also driven by a number of non-recurring factors, such as the Covid and Pertussis epidemics, and the extension for several months of certain calls for tender in Transplantation, which maintained business volumes in this segment. Excluding these effects, revenues were stable. Update on the deployment of the Group's strategy The Group is pursuing its strategy of targeted geographic and technological expansion, with the ambition of becoming a leading international company in the speciality diagnostics market, offering to its customers a complete range of molecular diagnostic solutions based on its own products and those of its partners. Stable share of proprietary products The share of proprietary products is stable, despite the integration of DID's distribution activities, and reached around 29% of revenues (compared with 30% of revenues in the first half of 2023). International in progress Revenues outside France grew to 42% of total revenues (compared with 35% in the first half of 2023). This increase is mainly due to new acquisitions, but also to the development of cross-sales of the Group's proprietary products. Outlook The Eurobio Scientific Group is continuing to implement the strategic directions it has been developing for several years: the development of proprietary products, the internationalization and the opening up of new markets. Over the next 5 years, the Group's ambition is for proprietary products to account for around 50% of its sales. Proposed tender offer Funds managed by NextStage AM and IK Partners, together with Mr. Denis Fortier, CEO, and other members of the Company's Board of Directors and senior management, have decided to form a consortium (the "Consortium") to launch a voluntary tender offer for all outstanding Eurobio Scientific shares. A press release, published jointly by the Company and the Consortium, presenting this project and its main preliminary features is available on the Company's website eurobio-scientific.com. Next financial meetingH1 2024 results: date to be announced Disclaimer: This press release has been prepared for information purposes only. It does not constitute a public offering. The distribution of this press release may be subject to specific regulations or restrictions in certain countries. This press release is not intended for persons subject to such restrictions, either directly or indirectly. This press release is not for release, publication or distribution, directly or indirectly, in the United States of America or in any other jurisdiction in which such release, publication or distribution is unlawful or subject to any specific procedures or requirements. Accordingly, persons in possession of this press release are required to inform themselves about and to observe any local restrictions that may apply. Failure to comply with legal restrictions may constitute a violation of applicable securities laws and regulations in any of these countries. Eurobio Scientific S.A. and the members of the Consortium accept no liability for any breach by any person of such restrictions. About Eurobio ScientificEurobio Scientific is a key player in the field of specialty in vitro diagnostics. It is involved from research to manufacturing and commercialization of diagnostic tests in the fields of transplantation, immunology and infectious diseases, and sells instruments and products for research laboratories, including biotechnology and pharmaceutical companies. Through many partnerships and a strong presence in hospitals, Eurobio Scientific has established its own distribution network and a portfolio of proprietary products in the molecular biology field. The Group has approximately 290 employees and four production units based in the Paris region, in Germany, in the Netherlands and in the United States, and several affiliates based in Dorking UK, Sissach Switzerland, Bünde Germany, Antwerp Belgium, Utrecht in The Netherlands and Milan in Italy.Eurobio Scientific's reference shareholder is the EurobioNext holding company which brings together its two directors, Jean-Michel Carle and Denis Fortier, alongside the "Pépites et Territoires" by AXA & NextStage AM investment program, managed by NextStage AM. For more information, please visit: www.eurobio-scientific.comThe company is publicly listed on the Euronext Growth market in ParisEuronext Growth BPI Innovation, PEA-PME 150 and Next Biotech indices, Euronext European Rising Tech label.Symbol: ALERS - ISIN Code: FR0013240934 - Reuters: ALERS.PA - Bloomberg: ALERS:FPContacts Groupe Eurobio ScientificDenis Fortier, Chairman and CEOOlivier Bosc, Deputy CEO / CFOTel. +33(0) 1 69 79 64 80CalyptusMathieu CalleuxInvestors RelationsTel. +33(1) 53 65 68 68 - eurobio-scientific@calyptus.net Attachment PR_Eurobio Scientific_CA_S1_24_OPA_EN (1)