SHANGHAI,Feb. 25,2025 -- Everest Medicines (HKEX 1952.HK,"Everest",or the "Company"),a biopharmaceutical company focused on the discovery,clinical development,manufacturing and commercialization of innovative therapeutics,today announced that it will report its financial results for the full year of 2024 ended December 31,2024,and provide a business update on March 26,2025. The Company will hold a live conference call in English and Mandarin on March 26,2025 Beijing Time.

The Englishsession of the conference call will be held at 9:00 AM on March 26,2025 Beijing Time (9:00 PM U.S. Eastern Time on March 25,2025),and theMandarin session of the conference call will be held at 10:30 AMBeijing Time on the same day (10:30 PM U.S. Eastern Time on March 25,2025).

The conference calls can be accessed by the following links:

For English Session:

Time: 9:00 AM Beijing Time,Wednesday,March 26,2025 (9:00 PM U.S. Eastern Timeon March 25,2025)

Pre-Registration Link:https://www.acecamptech.com/eventDetail/60522311

Webcast Link:

https://www.acecamptech.com/meeting_live/70524304/786503?event_id=60522311

Alternatively,participants may dial in to the conference call using below dial-in information:

United States:

+1-646-2543594 (EN)

Chinese Mainland:

+86-10-58084166 (EN)

+86-10-58084199 (CN)

Hong Kong,China:

+852-30051313 (EN)

+852-30051355 (CN)

United Kingdom:

International:

+44-12-13680466 (EN)

+1-866-6363243 (EN)

Password:

583122

For Mandarin Session:

Time: 10:30 AMBeijing Time,2025 (10:30 PM U.S. Eastern Timeon March 25,2025)

Webcast Link: https://s.comein.cn/3amz5di6

Alternatively,participants may dial into the conference call using below dial-in information:

Chinese Mainland:

+86-4008108117

Beijing,China

+86-10-57304337

Hong Kong,China:

Taiwan,China:

+852-30051355

+886-800666425

Singapore:

+65-68185374

Password:

763194

The replay of English session will be available shortly after the call and can be accessed by visiting the Company's website at http://www.everestmedicines.com.

About Everest Medicines

Everest Medicines is a biopharmaceutical company focused on discovering,developing,manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery,regulatory affairs,CMC,business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company's core therapeutic areas of renal diseases,infectious diseases and autoimmune disorders. For more information,please visit its website at www.everestmedicines.com.

Forward-Looking Statements:

This news release may make statements that constitute forward-looking statements,including descriptions regarding the intent,belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company,which can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties,or other factors,some of which are beyond the control of the Company and are unforeseeable. Therefore,the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions,such as future changes and developments in our business,competitive environment,political,economic,legal and social conditions. The Company or any of its affiliates,directors,officers,advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information,future events or circumstances after the date of this news release,except as required by law.