APRIL 24, 2024

• ADSs delisted from Nasdaq, which will result in meaningful savings
• ADSs transferred to OTC Pink market; Company will apply to trade on OTCQB market
• Biophytis remains listed on Euronext Growth Paris as its primary trading market

Biophytis annouced that on April 24, 2024, the Company received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Nasdaq Hearings Panel (the “Panel”) had determined to delist the Company’s American Depositary Shares (“ADSs”) from The Nasdaq Capital Market based upon the Company’s non-compliance with the stockholders’ equity requirement set forth in Nasdaq Listing Rule 5550(b). As a result of the Panel’s decision, Nasdaq will suspend trading in the Company’s ADSs effective with the opening of business on Friday, April 26, 2024, and file a Form 25 with the Securities and Exchange Commission (the “SEC”) to effect the formal delisting of the Company’s ADSs from The Nasdaq Capital Market once all applicable Nasdaq appeal and review periods have expired.

The Company anticipates that, concurrent with the suspension of trading of its ADSs on Nasdaq, the Company’s ADSs will begin trading on the OTC Markets’ OTC Pink Current Information tier under the current symbol “BPTS” while it applies to trade on the higher-tier OTCQB market. The Company expects that this transfer will meaningfully reduce its ongoing costs of being a publicly-traded company.

The Company’s ordinary shares remain listed on Euronext Growth Paris as the primary trading market and the Company intends to continue its public disclosures in compliance with applicable French financial market regulations.