Zevra Therapeutics, Inc. announced Tom Anderson, a highly accomplished biopharma veteran, to its Board of Directors. Concurrently, the Company announces the retirement of board member Matthew R. Plooster, whose valuable leadership has played a crucial role in shaping Zevra's growth. Both the announcement of the new director and Mr. Plooster's retirement are in accordance with the plan announced by the Company on May 8, 2023.

With over 35 years of experience as a leader in the biopharma and consumer product goods industries, Tom Anderson brings significant expertise in high-growth organizations, operational and strategic roles in rare diseases, strategic acquisitions, and scaling businesses. As the CEO and Director of SwanBio Therapeutics and, formerly, a key member of Sage Therapeutics' leadership team, Tom has a proven track record of managing aggressive growth and driving shareholder value. Simultaneously, Zevra extends its sincere gratitude and best wishes to Matthew R. Plooster for his countless contributions and dedication during his tenure on the Board.

Mr. Plooster, who has been a director of Zevra since March 2011 and Chairman of the Board from January 2023 to May 2023, played a significant role in shaping the Company's growth, advancing its mission and bringing valuable expertise and guidance to Zevra's strategic initiatives. Tom Anderson is a 35-year veteran of the biopharma industry and has led and been a part of high-growth organizations for much of his career. He currently serves as CEO and Director at SwanBio Therapeutics.

Previously, he was recruited to Sage Therapeutics, Inc. in 2014 to be the company's Chief Commercial Strategy Officer and a key member of Sage's leadership team. Between 2004 and 2014, Mr. Anderson was a senior operating (P&L) executive with Shire Pharmaceuticals Group in a number of operational and strategic roles in both rare diseases and specialty pharmaceuticals. During that time, Shire achieved a 5-fold increase in revenues and market cap valuation.

Prior to that, he was with J&J (Janssen and McNeil Pharmaceutical) in several leadership, sales, marketing, and business information roles which experienced transformational growth. Between 1997 and 2002, Mr. Anderson served in C-suite and Board roles with market-leading consumer product companies as part of the Claneil Enterprises, Inc. family of companies. He is also an investor partner at Robin Hood Ventures in Philadelphia, PA.

Mr. Anderson earned his MBA from the University of Notre Dame's Mendoza College of Business Administration. He received his BS in civil engineering from the P.C. Rossin College of Engineering at Lehigh University.