Milestone Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Milestone Pharmaceuticals Inc. granted 288,000 stock options to six new employees as a material inducement for hiring. The options have an exercise price of $1.32 per share and vest over four years, with 25% vesting after one year followed by monthly installments. The grants were made under the company's 2021 Inducement Plan in compliance with Nasdaq regulations.