DGAP-News: Press Release: 4SC AG further strengthens Supervisory Board with experienced managers from the …

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Press Release

4SC AG further strengthens Supervisory Board with experienced managers from the pharmaceutical industry

Planegg-Martinsried, Germany, 6 August, 2012 - 4SC AG (Frankfurt, Prime Standard: VSC), a discovery and development company of targeted small molecule drugs for autoimmune and cancer diseases, today announced the appointment of Dr Irina Antonijevic and Mr Klaus Khn to the companys Supervisory Board.

In a by-election at todays Annual General Meeting of 4SC AG, Dr Antonijevic and Mr Khn were elected to the Supervisory Board for the remaining term of Dr Jrg Neermann and Mr Gnter Frankenne, who have stepped down from the Supervisory Board. The terms of office will run until the end of the Annual General Meeting that resolves on formally approving the actions of the Supervisory Board for financial year 2012.

Dr Antonijevic, Director Clinical Research at US pharmaceutical company Sanofi, has many years of international experience in clinical drug development and extensive expertise gained in executive positions both in the pharmaceutical industry and in medical research in a university environment.

Klaus Khn, former Chief Financial Officer of Bayer AG (2002 to 2010), has more than 30 years of experience in executive positions primarily in the chemical and pharmaceutical industry with a focus on finance and accounting.

The shareholders of 4SC AG also approved all of the resolutions proposed to the Annual General Meeting by the Management Board and the Supervisory Board with the required majority, including the following items:

- Resolution on the approval of the remuneration system for members of the Management Board;

- Approval of a control and profit transfer agreement between 4SC AG and 4SC Discovery GmbH;

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