Pluri To Sell EIB Loan To Its Chairman And Largest Shareholder Alejandro Weinstein, Who Will Replace The EIB As Lender

Upon completion of the transaction, Mr. Weinstein will replace the EIB as lender under the existing loan arrangements and will succeed to all of the lender’s rights and remedies thereunder, as in effect at the time of the assignment. The underlying loan will remain outstanding, while Pluri will thereafter have no financial or repayment obligations to the EIB.

The transaction transfers one of Pluri’s most significant financing obligations from the EIB to the Company’s Chairman and strategic investor, establishing a more direct and flexible framework for a long-term resolution of the outstanding debt. Pluri and Mr. Weinstein intend to negotiate revised terms for the loan within a reasonable period of time, to present a proposed long-term resolution plan, while allowing management to remain focused on commercialization and strategic growth opportunities.