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Alkermes Announces Agreement with Sarissa Capital Grants Sarissa Right to Designate Director to Alkermes Board DUBLIN, April 30, 2021 /PRNewswire/ Alkermes plc (Nasdaq: ALKS) today announced that it has reached an agreement with Sarissa Capital Management LP ( Sarissa Capital ), a beneficial owner of approximately 5% of the company s outstanding ordinary shares, pursuant to which Sarissa Capital has the right to designate a director to the company s Board of Directors (the Board ). This agreement follows constructive dialogue between the parties related to the company s strategic priorities and ongoing Board refreshment efforts. Alkermes initiated a robust board refreshment program two years ago and has since added four new independent directors to the Board.

United statesAlex dennerKatie joyceSandy coombsExchange commissionGrants sarissa rightDesignate directorSarissa capital managementSarissa capitalGboard thisRichard popsChief executive officerChief investment officerInitial statementsBeneficial ownershipPrivate securities litigation reform act