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ImageneBio Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

1. Dr. Kristin Yarema receives significant equity awards as new CEO. 2. Inducement awards include stock options for 436,080 shares and RSUs for 153,505 shares. 3. Awards are tied to performance and long-term service requirements. 4. ImageneBio is advancing its lead asset IMG-007 in clinical trials. 5. Company focuses on immunological and inflammatory disease treatments.

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FAQ

Why Bullish?

The appointment of a new, highly incentivized CEO often signals positive potential for growth. Historical examples show such changes can lead to improved stock performance when leadership drives innovation.

How important is it?

The strategic induction of a new CEO with substantial stock options implies a strong commitment to performance, influencing investor confidence. The focus on a promising therapeutic area like I&I diseases adds to investor optimism.

Why Long Term?

The stock options and RSUs incentivize long-term performance, which may enhance company stability and growth. Past leadership changes in biotech often correlate with stock price increases over time.

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August 01, 2025 16:15 ET  | Source: ImageneBio, Inc. SAN DIEGO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- ImageneBio, Inc. (Nasdaq: IMA) (“ImageneBio”), a clinical stage biotechnology company dedicated to developing treatments for immunological/autoimmune and inflammatory (“I&I”) diseases, granted equity awards to Dr. Kristin Yarema, ImageneBio’s recently appointed Chief Executive Officer, on July 28, 2025 that were recommended by the Compensation Committee of its Board of Directors (the “Board”) and approved by the Board. The grant included (i) inducement stock options to purchase 436,080 shares of common stock; and (ii) inducement restricted stock units (“RSUs”) for 153,505 shares of common stock (together, the “Inducement Awards”). The Inducement Awards were granted as inducements material to Dr. Yarema entering into employment with ImageneBio in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement stock options have an exercise price of $16.37 per share, the closing price of ImageneBio’s common stock on July 28, 2025, are non-qualified stock options, have a ten-year term and vest over four years, with 25% of the shares vesting on the one-year anniversary of the vesting commencement date and the remaining 75% of the shares vesting in equal monthly installments over the following 36 months. The inducement RSUs will vest over four years, with 25% of the shares vesting on the one-year anniversary of the vesting commencement date and the remaining 75% of the shares vesting in equal quarterly installments over the following 12 quarterly dates. The vesting related to the Inducement Awards are subject to Dr. Yarema’s continued service with ImageneBio through each applicable vesting date. The Inducement Awards are subject to the terms and conditions of ImageneBio’s 2025 Inducement Plan and the applicable award agreements. About ImageneBio, Inc. ImageneBio is a clinical-stage biotechnology company dedicated to developing therapeutics for patients with immunological/autoimmune and inflammatory (“I&I”) diseases with differentiated clinical profiles. The company’s lead asset IMG-007, a nondepleting anti-OX40 monoclonal antibody, recently completed clinical trials in atopic dermatitis and alopecia areata. ImageneBio is currently conducting a Phase 2b clinical trial of IMG-007 in patients with moderate-to-severe atopic dermatitis. For more information, please visit www.imagenebio.com. ImageneBio Contact Anna Vardanyanvardanyana@inmagenebio.com Brian Ritchiebritchie@lifesciadvisors.com

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