Valneva Reports Strong 2018 Results, Expects Further Growth and Major Pipeline Progression in 2019

Major R&D milestones achieved in 2018, double-digit product sales revenue growth delivered; Lyme and chikungunya programs expected to advance further in 2019

Valneva SE, a biotech company developing and commercializing vaccines for infectious diseases with major unmet needs, reported today its full year unaudited consolidated financial results for the year ending December 31, 2018. A brief unaudited report, including the profit and loss statement and the balance sheet, is available on the Company’s website, www.valneva.com.

A webcast for the financial community and media will be held today at 3:00 pm. (CET). A replay will be available on the Company’s website. Please refer to this link: https://edge.media-server.com/m6/p/dk7vyzzx

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Financial statements are not audited. The audit procedures by the Statutory Auditors are underway. The Company plans to publish its audited annual financial report on or about March 21, 2018.