Christian Zahnd appointed as Honorary Chairman of the Board of Directors as he decided not to stand for re-election as member of the Board of Directors at the Annual General Meeting 2017

Zurich-Schlieren, April 12, 2017. Molecular Partners AG (SIX: MOLN), a clinical-stage biopharmaceutical company developing a new class of drugs known as DARPin®* therapies, today announces that Christian Zahnd, co-founderand former CEO of the company, has decided not to stand for re-election as member of the Board of Directors at the Annual General Meeting 2017 due to health reasons.

In recognition of his immense contribution to the company, the Board of Directors has decided to appoint him as Honorary Chairman of the Board of Directors of Molecular Partners AG.

"It has been an extraordinary privilege to work with Christian over the past 12 years. Christian led the company to where it is today and his commitment and charisma have been instrumental for the company's success," said Joern Aldag, Chairman of the Board of Directors.

About Molecular Partners AG

Molecular Partners AG is a clinical-stage biopharmaceutical company that is developing a new class of therapies known as DARPin® therapies. With a management team that includes many of the founding scientists, the company continues to attract talented individuals who share the passion to develop breakthrough medicines for serious diseases. Molecular Partners has compounds in various stages of clinical and preclinical development and several more in the research stage, with a current focus on ophthalmology and oncology. The company establishes research and development partnerships with leading pharmaceutical companies and is backed by established biotech investors.

For more information regarding Molecular Partners AG, go to: www.molecularpartners.com.

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