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PRESS RELEASE

AGREEMENT WITH HISTORICAL SHAREHOLDERS TO IMPLEMENT A JOINT STRATEGY TO INCREASE THE VALUE OF MASITINIB

SIGNATURE OF A FIRM FINANCING OPTION BY THESE HISTORICAL SHAREHOLDERS BRINGING THE FINANCIAL VISIBILITY OF AB SCIENCE BEYOND 2 YEARS

CHANGES IN THE BOARD OF DIRECTORS TO SUPPORT THE COMMON STRATEGY

Paris, June 28, 2021, 7.45pm

AB Science SA (Euronext - FR0010557264 - AB) announced today that it has signed an agreement with historical shareholders to implement a joint strategy to increase the value of masitinib. Under this agreement, these historical shareholders, representing today 8.7% of the company's share capital, undertake to act in concert with the founding shareholders of AB Science in order to:

The agreement will be implemented subject to the condition of obtaining a final exemption decision from the French Autorit des Marchs Financiers, free and clear of any appeal, confirming that there is no need for a public offer.

This agreement also includes the signature of a firm financing option for an amount of 25 million over the next 12 months, at the initiative of AB Science. These financings will have to be carried out within the framework of the "private placement" or "capital increase reserved for categories of persons" resolutions that are currently in place. With this agreement, AB Science's financial visibility is extended beyond 24 months. This funding commitment may be increased by an additional 50 million euros, at the rate of 25 million euros per year from the first anniversary date, subject to a clause of absence of significantly unfavorable event.

Finally, this agreement includes a lock-up by certain minority shareholders on 1.8 million shares for a period of three years (or until the implementation of the value enhancement strategy if this occurs before the end of the three-year period).

The historic shareholders will participate, alongside AB Science's management, in a Steering Committee responsible for advising AB Science on the implementation of the masitinib development strategy. The members of this Steering Committee (excluding AB Sciences management) will be paid for their services at a rate of 1.25% of future net sales of masitinib (or future upfront, milestone and royalty payments), with masitinib development costs (initially discounted at 15% per year) being deducted from the calculation basis. If a payment is due, it will be capped at 22.5 million euros (over the life of the AB Science patents) or 45 million euros in the event that AB Science holds one marketing authorization issued by the EMA or the FDA or 67.5 million euros in the event that AB Science holds two marketing authorizations in two different indications issued by the EMA or the FDA.

Alongside this agreement, and to support the implementation of the new strategy, four new directors have been appointed. In accordance with Article L. 225-24 of the French Commercial Code, the next General Meeting of Shareholders will be called to vote on the ratification of these appointments.

Ccile de Guillebon has been appointed to replace Nathalie Riez. Ccile de Guillebon began her career in mergers and acquisitions at JP Morgan, Marceau Investissement and then PPR (now Kering), before joining the Renault group where she was Director of Real Estate and General Services and also in charge of the Global Facility Management function of the Renault-Nissan-Mitsubishi Alliance. Ccile de Guillebon graduated from HEC.

Catherine Johnston-Roussillon has been appointed to replace Emmanuel Mourey. Catherine Johnston-Roussillon held several senior management positions in the health and cosmetics sector before joining Shamir Optical in 2010 as Managing Director for France. Since 2015, she has been President Europe of Shamir Optical. Catherine Johnston-Roussillon holds a degree in Political Science from Ludwig-Maximilian University and a post-graduate degree in Marketing from the University of Grenoble.

Guillemette Latscha has been appointed to replace Batrice Bihr. Guillemette Latscha is a medical doctor and has spent her entire career within the Renault group, as an occupational physician at the Renault Industrial Center in Billancourt between 1982 and 1992, then as an occupational physician at the Renault group headquarters between 1992 and 2006, and finally as Medical Director of the Renault group since 2006. Guillemette Latscha holds a degree in medicine from the University of Paris V and shehas been decorated with the awardsof"Chevalier delaLgiond'Honneur".

Renaud Sassi has been appointed to replace Jean-Pierre Kinet. Renaud Sassi began his career as a consultant at McKinsey & Company. He then became an entrepreneur. Renaud Sassi graduated from HEC.

Alain Moussy, Chief Executive Officer of AB Science, said: "I am delighted with this agreement, which shows that we can rely on our closest shareholders to study all the strategic opportunities that may open up for AB Science and its main asset, masitinib. This agreement also allows us to secure financing for the clinical development of our compounds.

About AB ScienceFounded in 2001, AB Science is a pharmaceutical company specializing in the research, development and commercialization of protein kinase inhibitors (PKIs), a class of targeted proteins whose action are key in signaling pathways within cells. Our programs target only diseases with high unmet medical needs, often lethal with short term survival or rare or refractory to previous line of treatment. AB Science has developed a proprietary portfolio of molecules and the Companys lead compound, masitinib, has already been registered for veterinary medicine and is developed in human medicine in oncology, neurological diseases, inflammatory diseases and viral diseases. The company is headquartered in Paris, France, and listed on Euronext Paris (ticker: AB).

Further information is available on AB Sciences website: http://www.ab-science.com.

Forward-looking Statements - AB ScienceThis press release contains forward-looking statements. These statements are not historical facts. These statements include projections and estimates as well as the assumptions on which they are based, statements based on projects, objectives, intentions and expectations regarding financial results, events, operations, future services, product development and their potential or future performance.

These forward-looking statements can often be identified by the words "expect", "anticipate", "believe", "intend", "estimate" or "plan" as well as other similar terms. While AB Science believes these forward-looking statements are reasonable, investors are cautioned that these forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict and generally beyond the control of AB Science and which may imply that results and actual events significantly differ from those expressed, induced or anticipated in the forward-looking information and statements. These risks and uncertainties include the uncertainties related to product development of the Company which may not be successful or to the marketing authorizations granted by competent authorities or, more generally, any factors that may affect marketing capacity of the products developed by AB Science, as well as those developed or identified in the public documents published by AB Science. AB Science disclaims any obligationor undertaking to update the forward-looking information and statements, subject to the applicable regulations, in particular articles 223-1 et seq. of the AMF General Regulations.

For additional information, please contact:

AB ScienceFinancial Communication & Media Relations investors@ab-science.com

Media Relations USA

RooneyPartnersKate Barrettekbarrette@rooneyco.com

+1646432 0191

Media Relations France

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AB Science announced today that it has signed an agreement - GlobeNewswire

FALLS CHURCH, Va., June 28, 2021 (GLOBE NEWSWIRE) -- PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, has been selected by the U.S. Air Force as one of 22 contractors on an indefinite delivery, indefinite quantity contract vehicle to support foreign military sales transactions. The Engineering Assessment, Procurement, Integration and Contractor Logistics Support contract is valued at up to $950 million over 13 years.

PAE will compete for task orders to provide services that include engineering assessments, hardware procurement, integration of aircraft and intelligence, surveillance and reconnaissance sensors and contractor logistics supportfor foreign military fleets of fixed- and rotary-wing aircraft and intelligence, surveillance, and reconnaissance systems.

Interim President and CEO Charlie Peiffer said the award presents opportunities for PAE to demonstrate a range of specialized capabilities.

We believe PAE is uniquely positioned to deliver customized, innovative solutions for Air Force objectives on the EPIC program, Peiffer said. We plan to offer expertise that merges new technologies, our capabilities and customer insight built from a long history supporting Air Force missions around the world.

The 13-year contract includes a 10-year ordering period followed by an additional three-year period of performance. Work on the contract will be performed at awardee facilities and Foreign Military Sales locations.

About PAEFor 65 years, PAE has tackled the worlds toughest challenges to deliver agile and steadfast solutions to the U.S. government and its allies. With a global workforce of about 20,000 on all seven continents and in approximately 60 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn.

Forward-Looking Statements

This press release may contain a number of forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about PAEs possible or assumed future results of operations, financial results, backlog, estimation of resources for contracts, risks related to IDIQ contracts, strategy for and management of growth, needs for additional capital, risks related to U.S. government contracting generally, including congressional approval of appropriations, and bid protests and risks related to foreign operations. These forward-looking statements are based on PAEs managements current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside PAEs managements control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Forward-looking statements included in this release speak only as of the date of this release. PAE does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws.

For media inquiries regarding PAE, contact:

Terrence NowlinSenior Communications ManagerPAE703-656-7423terrence.nowlin@pae.com

For investor inquiries regarding PAE, contact:

Mark ZindlerVice President, Investor RelationsPAE703-717-6017mark.zindler@pae.com

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PAE Awarded Position on $950 Million Air Force IDIQ to Support Foreign Military Sales Transactions - GlobeNewswire

The right-wing freakout over critical race theoryor, at least what some Republican politicians and pundits think it ishas been playing out simultaneously in statehouses and TV studios, with lawmakers crafting bills to ban schools from teaching about systemic racism and conservative media figures fanning the flames. Fox News, for one, has mentioned critical race theorythe academic movement that positions race and racism as embedded in American institutionsnearly 1,300 times in the past three-and-a-half months, Media Matters reports, with mentions more than doubling month over month since February. Last week marked a new high for Fox News obsession, as the network mentioned critical race theory 244 times, up from 170 the week before.

As conservative media outlets help stoke a national panic, opposition to anti-racism teaching is now having a tangible impact in school systems across the country. At least 165 local and national groups seeking to stifle lessons on race and gender have surfaced, NBC reports, with conservative organizations backed by disgruntled parents, right-wing think tanks, law firms, and Republican political figures. The groups swarm school board meetings, inundate districts with time-consuming public records requests and file lawsuits and federal complaints alleging discrimination against white students, according to NBC. One such group, the Nevada Family Alliance, has reportedly proposed putting body cameras on teachers to make sure they arent teaching the demonized theory. At least two angry parents have appeared on Fox News to make their case against what they claim is an imminent threatdespite, as NBC notes, that nearly all school districts say they are not teaching critical race theory.

There have been 50 recall efforts aimed at ousting 126 school board members this year; NBC reports that while most of these fights stemmed from COVID-19 restrictions, the five most recent campaigns involved unrest over the idea of critical race theory, which has reportedly been a source of local unrest in at least 50 school districts from Washington to Florida. Florida Governor Ron DeSantis is among the prominent GOP actors readily embracing such oppositionostensibly with the hopes that the local movement could motivate conservative voters in next years midtermsas he vowed this month to make sure theres not a single school board member who supports critical race theory.

While critical race theory is being deployed as a blanket term to describe racial equity work that U.S. schools are doingefforts prompted in part by the national reckoning over raceits become clear that most people lack a general understanding of what the buzzword even means, as Temple University's Marc Lamont Hill illuminated on BNC:

Some lawmakers crafting bills against it dont even seem to know what theyre trying to ban. Take Alabama Rep. Chris Pringle, a Republican who wants to make it illegal to teach critical race theory in the state. Asked by Alabama Media columnist Kyle Whitmire how hed define the theory, Pringle said it basically teaches that certain children are inherently bad people because of the color of their skin, period but was unable to produce any specific examples of theorists promoting that concept or instances where it was put into practice. I can assure youIll have to read a lot more, he told the reporter. The Alabama lawmaker was, however, sure that America is still the greatest country thats ever, ever been in the history of the world and the radical left is trying to divide this country based on race and class, which is exactly what they do in communist countries.

Read more:
The Right-Wing Meltdown Over Critical Race Theory Is Spiraling Out of Control - Vanity Fair

The contrived panic behind the Texas bill and others like it is emblematic of the legislative process of the modern GOP. In that process, Fox, led by frontman Carlson, latches onto an issue and carves it into the consciousness of viewers, leveraging their reach and influence to pull elected Republicans into the fold or drag them along if need be. Attacks on critical race theory are only the tip of the iceberg.

In just the first three months of this year, Fox News aired at least 72 segments on trans athletes, with Tucker Carlson Tonight once again setting the tone for the networks coverage. At the same time, a record-breaking number of anti-trans bills were also introduced in the United States this year, as at least 33 states considered such measures and governors signed legislation against trans athletes into law in Arkansas, Mississippi, and Tennessee. Carlson himself gave cover to this extreme anti-trans legislation by lying about medical care for trans youth, and he even went so far as to describe the existence of trans people as a challenge to the perpetuation of the species.

But the Fox host is also willing to attack Republican officials who didnt comply with his vision of the party platform. He savaged Arkansas Gov. Asa Hutchinson in April for his initial veto of an anti-trans health care bill that the GOP leader described as a step way too far. The month before, Carlson targeted South Dakota Gov. Kristi Noem over whether she was caving to the NCAA by not signing a bill barring transgender women from competing in women's sports. Carlson followed up interviews with both Republican governors by continuing to criticize them in subsequent episodes, with right-wing media and anti-LGBTQ figures echoing his attacks.

Carlson has emerged as the unequivocal leader of the Republican Partys war on democracy. From his Fox perch, he often railed against the pandemic-led increase in mail-in voting throughout 2020, often getting facts blatantly wrong. Weeks before the election, he launched a conspiracy theory that a cabal of Democrats were planning to use such ballots to launch a coup, clearly setting the stage for what was to come.

When it turned out that Trump lost and Biden won, Carlson continued with the lies, only embarrassing himself further. He briefly criticized Sidney Powells election conspiracy theories, only to later suck up to Powell associate, and Carlsons leading advertiser, Mike Lindell for pushing virtually identical lies about the election. Carlson was named in Dominions lawsuit against Fox News. On January 4, Carlson claimed virtually every power center on Earth rigged the election for Biden.

And then the January 6 attack happened.

Carlson immediately set up his show as a spin room for a defense of the insurrectionists as people protecting their rights, declared that the attackers were not terrorists and it was not an insurrection, suggested that antifa was behind it, mocked people who feared for their life, launched a conspiracy theory about additional security after the attack, lied about white supremacist involvement, and demanded answers to his question while attacking efforts to establish an investigative commission.

Carlson then somehow hit a new nadir in recent days. Jumping off a blog post from a former Trump speechwriter fired after attending a white nationalist conference, Carlson claimed that the federal government was behind the January 6 attack on the Capitol building. Of course, he and his source were blatantly misreading charging documents, but Carlson was undeterred.

The claim was immediately picked up by someRepublicans. Embattled congressional representatives Matt Gaetz and Marjorie Taylor Green called for an investigation into the FBI, a stark contrast to the established anti-commission position of Republicans. As conspiracy theorists like Alex Jones jumped on board, Carlson is suddenly leading a truther movement about the attack.

The canary in the coal mine for this particular conspiracy theory was Carlson laughing about a plot during the height of the pandemic by right-wing extremists to kidnap Democractic governor of Michigan, Gretchen Whitmer.

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Tucker Carlson has full control over Fox and its stranglehold on the Republican Party - Media Matters for America

August 2008 proved to be a monumental month in the history of the Green Bay Packers and an unreconcilable month between the franchise and their legendary quarterback Brett Favre. After retiring and unretiring, Favre finally made a trip up to Green Bay to visit the team. Excitement among fans about a positive resolution never came to fruition - instead they were subject to open dialogue between both sides in the media that only tarnished the relationship further.

Within days, Favre was traded out of Green Bay and the Aaron Rodgers era commenced.

As the new saga between the Packers and Rodgers continues on this summer, the hope is that this August, looming less than two months away, will be one remembered for entirely different circumstances. Yet, the history behind Favres arrival back in Green Bay proves that communication between the two sides must remain as confidential as possible.

Although silence, particularly on Rodgers side, has been frustrating for fans seeking answers this offseason, it has been a rather commendable attribute of both parties thus far. On draft day, Rodgers was radio silent when the breaking news was released, and even when pressed by Kenny Mayne on ESPN, he remained politically correct in his voicing of dissent. While general manager Brian Gutekunst has been the assumed subject of Rodgers displeasure, there were no names and no particular situations publicly discussed. By keeping it this way, Rodgers has left his window to return open without unrepairable damage on the back end.

The Packers, likewise, have been been careful to admit their own mistakes in previous communication with Rodgers while remaining steadfast in their public desire to bring him back into the fold. They have also disclosed their trips to see Rodgers throughout the offseason without divulging the details. While the team can be internally frustrated by the situation, the entire organization must walk a fine line with its words and phrasings with the press. However, Mark Murphy recently tested that line with comments about the rift dividing the fan base in a column, while echoing the sentiment that feelings should be kept to themselves in the same breath:

We are working to resolve the situation and realize that the less both sides say publicly, the better.

The issue with this is that Murphy (and the Packers) must heed his own advice. In the past week, Murphy continued down a slippery slope, calling Rodgers a complicated fella and it will be imperative that these type of remarks end as training camp nears and the situation approaches an inevitable tipping point. Going back in time, it was a lack of control that drove a wedge between Green Bay and Favre around that same time.

In a New York Times article recapping the narrative in real-time that fateful August, a pair of comments from both sides about communication stood out.

They want to know if Im committed, but I want to know if theyre 100 percent committed. The problem is that theres been a lot of damage done, and I cant forget it. Stuff has been said, stories planted, that just arent true. Can I get over all that? I doubt it. So they can say they welcome me back but, come on, the way theyve treated me tells you the truth. They dont want me back, so lets move on. ~ Brett Favre

The he-said, she-said thing definitely took a toll on Brett, theres no doubt about it. We both agreed on this: We both wish things had been handled differently. But thats the spot that were in. ~ Mike McCarthy

While the Packers and Rodgers may or may not be able to come to an agreement that keeps the All-Pro in a green and gold uniform, these quotes offer a lesson that trust, based heavily on communication, will go a long way in finding a solution. Both sides find themselves in an eerily similar position as the one with Favre in searching for the commitment level of the other and it would be wise for the closed-door conversations to stay that way. Clearly in the case of Favre, words could not be unsaid and actions could not be undone, especially if the team itself was to move forward without a season-long, tense distraction.

Perhaps an old adage accurately sums up the situation for both sides in finding a happy ending: if you dont have anything good to say, dont say it at all. While each party has been mostly successful in doing so thus far, the true test is yet to come as the summer comes to a close.

Continued here:
Less communication with the media is more for Packers & Rodgers before training camp - Acme Packing Company