Press Release

Ipsen nominates Karen Witts as new independent Board member

PARIS, France, 21 January 2022 — Ipsen (Euronext: IPN; ADR: IPSEY) announced today the nomination of Karen Witts to its Board of Directors as independent member.

Karen Witts was Group CFO at Compass Group Plc until October 2021. Compass is the world’s leading food service company, operating in 43 countries and employing more than 500k people. She was responsible for corporate strategy and planning, business performance management and reporting, financial reporting and control, tax and treasury activities, M&A, internal audit and enterprise risk management, investor relations, and led the digital and technology function.

Prior to this, Karen was Group CFO at Kingfisher Plc, the international home improvement company. She has also held various senior strategic finance positions at companies including Vodafone Group Services Ltd, and BT Plc. She brings expertise in transformation, investment, and risk management. Karen is an experienced Non-Executive Director and Chair of Audit.

She is a fellow of the Institute of Chartered Accountants in England and Wales, and holds an MA from the University of Edinburgh.

Following this co-optation, the Board of Directors is composed of fourteen directors (six women(*) and eight men) including four independent directors and two directors representing the employees.

The Shareholders’ Meeting to be held in 2022 will be asked to ratify this decision for the remainder of her outgoing predecessor’s term of office (Carol Stuckley), expiring at the 2025 Shareholders’ Meeting.

© Ipsen Pharma, 65 Quai Georges Gorse, 92100 Boulogne-Billancourt, France. All rights reserved - 2022