Boston, United States Sydney, Australia 11 December 2018 AEDT Investor Relations United States: Janell Shields +1 (781) 357-3280 investor@gidynamics.com | | GI Dynamics Appoints Chief Financial Officer and Company Secretary BOSTON and SYDNEY — 11 December 2018 —GI Dynamics®, Inc. (ASX:GID), a medical device company that is developing EndoBarrier® is pleased to announce the appointment of Charles Carter to the position of chief financial officer. Carter’s role with GI Dynamics will encompass finance, accounting and administrative functions. In addition, he will serve as the Company’s treasurer and will replace Dave Bruce as secretary. Carter brings nearly 16 years of experience as a finance executive in the medical industry, having worked with a wide variety of life sciences, therapeutics and medical device companies. “I am excited to join the GI Dynamics management team at this exciting time in the Company’s development,” said Charles Carter, chief financial officer of GI Dynamics. “It is clear that this company is committed to serving the large and rapidly growing population of patients with type 2 diabetes and obesity with an innovative treatment option that is clearly needed.” “On behalf of the GI Dynamics board of directors, I am pleased to announce the appointment of Mr. Carter,” said Scott Schorer, president and chief executive officer of GI Dynamics. “We have been working with Mr. Carter for several months now on a more limited basis, and we now look forward to the impact of his expanded leadership role at GI Dynamics as we prepare for the commencement of the GID18-1 pivotal trial in the U.S. and the EndoBarrier clinical trial in India.” |