The Board of Directors of Milestone Medical Inc, (“the Company”, “the Issuer”) informs that on October 3, 2019 the Annual General Meeting of Shareholders adopted the resolution on the appointment of two directors: Zhu Yun and Martin S. Siegel to the Board of Directors for new term of office. The resolution has been entered into force on the date of adoption. The Directors to the Board have been elected to serve until the next Annual Meeting of Shareholders or until their respective successors have been elected and qualified.

The individuals are not entered in the Register of Insolvent Debtors maintained pursuant to the National Court Register Act and do not conduct any activities competitive to the Issuer’s business. They are not partners in any partnership under civil law or other type of partnership competitive to Milestone Medical Inc., or members of a governing body of any competitive company or other legal entity.

Legal basis:
§3 section 1 point 7) of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodic Information in the Alternative System on the NewConnect Market”