{"id":728463,"date":"2023-02-02T16:56:44","date_gmt":"2023-02-02T21:56:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amarin-mails-letter-to-shareholders-highlighting-new-board-and-superior-leadership\/"},"modified":"2023-02-02T16:56:44","modified_gmt":"2023-02-02T21:56:44","slug":"amarin-mails-letter-to-shareholders-highlighting-new-board-and-superior-leadership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amarin-mails-letter-to-shareholders-highlighting-new-board-and-superior-leadership\/","title":{"rendered":"Amarin Mails Letter to Shareholders Highlighting New Board and Superior Leadership"},"content":{"rendered":"
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\n Significantly Refreshed Board Overseeing Successful Execution of Amarin\u2019s Transformation Plan to Drive Short- and Long-Term Value; Outmatches Sarissa\u2019s Slate in Every Critical Area<\/em>
\n \n <\/p>\n

\n Chairman Per Wold-Olsen Brings Critical Experience and Leadership <\/em>\n <\/p>\n

\n Releases Additional Board Videos Available at <\/em>
\n
\n www.voteamarin.com<\/em>
\n <\/a>\n <\/p>\n

\n Urges Shareholders to Vote \u201cAGAINST\u201d Sarissa\u2019s Proposals on the WHITE Proxy Card<\/em>\n <\/p>\n

DUBLIN, Ireland and BRIDGEWATER, N.J., Feb. 02, 2023 (GLOBE NEWSWIRE) — Amarin Corporation plc (NASDAQ: AMRN) (\u201cAmarin\u201d or the \u201cCompany\u201d) today announced that it has mailed a letter to shareholders in connection with the General Meeting of Shareholders urging shareholders to vote \u201cAGAINST\u201d all proposals on the WHITE proxy card. The General Meeting of Shareholders is scheduled to be held on February 28, 2023, and shareholders of record as of January 23, 2023, will be entitled to vote at the meeting.<\/p>\n

The Company also released additional videos featuring its Board of Directors, which can be viewed at www.voteamarin.com<\/a>. The full text of the letter being mailed to shareholders follows:<\/p>\n

Dear Shareholder,<\/p>\n

At the upcoming General Meeting on February 28, 2023, Sarissa Capital Management is attempting to remove our newly appointed Board Chair, Per Wold-Olsen, and nearly double the size of the Amarin Board with an underqualified slate of seven nominees. This change would dramatically impede momentum that is underway and significantly risk the short- and long-term value of your investment.<\/p>\n

\n Your Board and management team are actively executing a thoughtful and practical strategic plan designed to create value now.<\/strong>
\n This is a NEW Amarin with a NEW Board, a NEW leadership team and a NEW strategy.<\/strong>\n <\/p>\n

We urge you to vote \u201cAGAINST\u201d <\/strong>Sarissa\u2019s harmful proposals on the WHITE<\/u><\/strong> proxy card.<\/p>\n

\n Please follow the instructions on the enclosed <\/em>
\n
\n
\n WHITE<\/u>
\n <\/em>
\n <\/strong>
\n proxy card and vote by telephone, internet or mail. For ADS holders, the deadline to submit your vote is 3 PM GMT (10 AM ET) February 22, 2023, and for holders of ordinary shares, the deadline is 3 PM GMT (10 AM ET) February 24, 2023.<\/em>\n <\/p>\n

\n Scan this QR code to hear directly from our Board of Directors about the opportunity we see for Amarin and why you should vote AGAINST Sarissa\u2019s proposals. We also encourage you to submit your questions and we will answer the most frequently asked questions in the coming weeks.<\/em>\n <\/p>\n

\n The Change Agents Amarin Needs Are Already Here <\/strong>\n <\/p>\n

When we embarked on our Board refreshment process in October 2021, we did so with one goal: recruit individuals with a specific set of skills to shape Amarin\u2019s new strategy and support its execution \u2013 and we have done it. The Amarin Board now consists of nine directors \u2013 six of whom were appointed in the last year. We have also completely refreshed our Board leadership structure \u2013 appointing Mr. Wold-Olsen as Chairman of the Board and Chair of Amarin\u2019s Renumeration Committee, Erin Enright as Chair of Amarin\u2019s Audit Committee and Adam Berger as Chair of Amarin\u2019s Nominating and Corporate Governance Committee.<\/p>\n

We will continue to take proactive, decisive actions to transform Amarin and better position the Company to succeed and drive value. The refreshed Board, alongside the new management team, has contributed to substantial progress in a short period of time across all facets of the business \u2013 strategic, operational and financial. These efforts are reflected in Amarin\u2019s performance in 2022 and early 2023, including:<\/p>\n