ProQR Therapeutics Board Changes Announced
ProQR Therapeutics announced that Dinko Valerio, a co-founder of the Company, and Alison Lawton will rotate off the Board at the Company's next Annual General Meeting as their terms conclude. The planned changes to ProQR's Board composition at its 2026 AGM reflect the Company's development as it advances its clinical programs, as well as its ongoing commitment to strong corporate governance and long-term succession planning. An executive search firm has been engaged to assist ProQR in identifying candidates to be nominated to the Board to support long-term value creation for all its stakeholders.
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- Earnings Per Share: ProQR reported a GAAP EPS of €0.40 for FY 2025, indicating a level of profitability despite financial challenges, reflecting ongoing investments in R&D and operations.
- Cash Position: As of December 31, 2025, ProQR held approximately €92.4 million in cash and cash equivalents, a significant decrease from €149.4 million in 2024, indicating increased cash outflows in operations and necessitating a focus on future cash management strategies.
- Operating Cash Usage: The net cash used in operating activities for FY 2025 was €52.8 million, up 44% from €36.4 million in 2024, highlighting pressure on operational expenditures that could impact future financial stability.
- R&D Investment Growth: R&D costs for 2025 were €44.7 million, a 23% increase from €36.4 million last year, demonstrating the company's commitment to technological innovation and product development despite high expenditures.

ProQR's Clinical Trial Approval: ProQR Therapeutics has received authorization from the Central Committee on Research Involving Human Subjects (CCMO) for a Phase 1 clinical trial of AX-0810, an investigational RNA editing oligonucleotide targeting NTCP, aimed at treating cholestatic diseases.
Upcoming Investor Event: ProQR will host a virtual event on November 3, 2025, to discuss the safety, pharmacokinetics, and biomarker roadmap for AX-0810, featuring presentations from ProQR management and Professor Henkjan J. Verkade, a key opinion leader in pediatric gastroenterology.

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Annual General Meeting Announcement: ProQR Therapeutics will hold its Annual General Meeting of Shareholders on June 3, 2025, in Amsterdam, with relevant documents available on their website and the SEC's site for interested shareholders.
Axiomer™ RNA Editing Technology: ProQR is advancing its Axiomer™ platform, which utilizes ADAR to make precise edits to RNA, potentially leading to new treatments for various diseases by correcting mutations or modulating protein expression.

Leadership Appointments: ProQR Therapeutics has appointed Dennis Hom as Chief Financial Officer and Dr. Cristina Lopez Lopez as Chief Medical Officer to enhance its RNA editing technology platform, Axiomer™, as it progresses into clinical development.
Axiomer™ Technology Overview: ProQR's Axiomer™ is a next-generation RNA base editing technology that aims to create new medicines by making specific nucleotide edits in RNA, potentially addressing various diseases with unmet medical needs.

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