Cibus Names Agricultural Biotechnology Leader Craig Wichner as Chief Executive Officer to Accelerate Growth and Value Creation

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• Peter Beetham shepherded the company to the precipice of its initial commercialization targets while raising over $62 million in new investment during his 15-month interim CEO tenure

  60% confidence

• Craig Wichner has been a recognized leader in demonstrating how regenerative and organic farming practices can drive both strong financial performance and measurable environmental outcomes

  60% confidence

• Cibus is not a seed company; it is a technology company that uses gene editing technologies to develop plant traits at a fraction of the time and cost of conventional breeding and licenses them to customers in exchange for royalties

  60% confidence

• RTDS and the Trait Machine process represent the technological breakthrough in plant breeding that is the ultimate promise of plant gene editing: high-throughput gene editing systems operating as an extension of seed company breeding programs

  60% confidence

• Cibus is at a pivotal moment and Craig Wichner is the right leader for the next phase of growth

  60% confidence

• Cibus has breakthrough technology and a clear path to commercialization; Wichner's immediate focus is execution, converting near-term commercialization targets into revenue with capital discipline

  60% confidence

• Craig Wichner has an exceptional combination of financial acumen, strategic discipline, and industry insight and leadership, with a proven track record of delivering results and creating value

  60% confidence

• Craig Wichner's experience will be invaluable as Cibus executes its capital strategy to drive longer-term value creation through realization of its vision for the future of agriculture

  60% confidence