Mr. Bruno Carbonaro reports

On Thursday, July 6, 2023, Velan Inc. will release its financial results for the first quarter ended May 31, 2023.

The company will hold an analyst call on Friday, July 7, 2023, at 11 a.m. Eastern Daylight Time, to discuss the results. The call will be available by dialling 1-800-926-7510 and quoting the reservation No. 22027398. The material that will be referenced during the conference call will be made available shortly before the event on the company's website under the investor relations section. There will be a postview available for seven days following this conference call. The numbers are as follows: 1-416-626-4100 or 1-800-558-5253. Enter reservation No. 22027398 and then follow the system prompts.