Internal Communication
Subject: A Message from Karim Mikhail: Recent Shareholder Engagement
Dear Colleagues,
I know you have seen headlines in the news
regarding our engagement with Sarissa, and I wanted to provide an update.
As you may know, Sarissa has called for a General Meeting of Shareholders to
vote on matters related to our Board of Directorsto remove our Board Chair, Per Wold-Olsen, and appoint seven of their selected candidates to the Board, as additional members. We stand firmly behind our Board and believe Sarissas
proposals are not in the best interest of our shareholders. As we continue Amarins journey, our Board should evolve alongside the business, and it has. Our new directors bring critical skillsets necessary to oversee execution of our
transformation plan. Contrary to what Sarissa might say, your steadfast focus and dedication are catalyzing tremendous progress.
A near term milestone
will be filing our definitive proxy statement with the SEC and mailing it to all Amarin shareholders, including those of you who are shareholders. That document will include the date of the General Meeting and instructions on how shareholders can
vote their shares ahead of the General Meeting.
Over the next several weeks, as the General Meeting approaches, you will also see a number of public
communications from both Amarin and Sarissa, and you are likely to notice increased media coverage regarding Amarin. While this is happening, the most important thing you can do is to stay focused on our business and your day-to-day work. We have an expert team of advisors helping us, and I will continue to keep you updated as we move through this process.
I want to take this opportunity to reiterate the confidence our Board has in the Amarin team. When I started as CEO 18 months ago, I was energized by the
opportunity to transform the business. We have an important mission, an incredible product and a great team behind us to make this transformation a reality. We have more work to do, and substantial challenges to overcome, but I am confident that
this team is up to the task.
Thank you for your continued efforts for Amarin, and your continued focus and commitment to achieving our 2023 priorities.
Regards,
Karim Mikhail
President & Chief Executive Officer
Consistent with
company policy, if you receive any inquiries from members of the media, analysts, or investors, please direct them to Mark Marmur.
Forward-Looking
Statements
This communication contains forward-looking statements which are made pursuant to U.S. federal securities law, including beliefs about
Amarins key achievements in 2022 and the potential impact and outlook for achievements in 2023 and beyond; Amarins 2023 financial outlook and cash position;