Presentation of proposed Board members

Shareholders of Morphic Technologies have proposed that Eva-Lotta Kraft and Lars Olof Nilsson be elected as the new Board members in the coming EGM on June 27, 2007.

Eva-Lotta Kraft is 55 years old and lives in Stockholm. Ms. Kraft has a Master degree in Chemistry from the Royal Institute of Technology in Stockholm, holds an MBA from Uppsala University in international business and has completed a number of leadership courses. She is trained in crisis management at the Swedish National Defence College. Ms. Kraft has extensive international experience in, among other things, product development, marketing, quality management and is a Board member of Munters AB and ÅF AB. Kraft has previously been associated with Alfa-Laval AB, Siemens-Elema AB, AGA and ABB Fläkt in a number of posts. Her most recent position has been as Section head of Strategy and Markets at FOI, Swedish Defence Research Agency (Totalförsvarets Forskningsinstitut) 2004-2007 and before that as the  Division Head and Deputy CEO of Siemens-Elema. Eva-Lotta Kraft is independent of the company, corporate management and the larger shareholders in the company. At present, Kraft does not hold any shares in the company.

Lars Olof Nilsson is 45 years old and lives in Nacka. Mr. Nilsson has a degree in economics (focus: business administration) from the University of Umeå. He has broad international experience in business development and financial issues. Mr. Nilsson is a board member of of listed companies IGE AB and BE Group AB and is today an advisor to Nordic Capital. He has previously been associated with Trelleborg AB in a number of positions. In his latest position as Senior Vice President, Trelleborg AB, he was responsible for Trelleborgkoncernens business development (2002-2006) and also Group Treasurer (1992-2005) and member of Group management. Lars Olof Nilsson is independent of the company, corporate management and larger shareholders in the company. Nilsson does not presently hold any shares in the company.

Chairman Peter Enå comments: With solid experience and knowledge, Eva-Lotta Kraft and Lars Olof Nilsson will make valuable additions to the Board and the continued expansion to Morphic Technologies AB.

Today, the Board consists of Jan Alvén, Börje Vernet, Kurt Dahlberg, Peter Enå, Anette Myrheim and Kjell Östergren.