Elutia appoints medtech veteran Guido Neels to board; Jordan and Zuga resign

ELUTIA INC.

Guido J. Neels elected to board effective Oct 9, 2025; appointed to Audit Committee.
Neels granted option for 171,916 shares at $0.88, vesting over 3 years.
Maybelle Jordan and W. Matthew Zuga resigned Oct 8, 2025; no disagreement cited.
Neels is Operating Partner at EW Healthcare Partners and former COO of Guidant.
Company notes recent EluPro divestiture as context for strategic transformation.

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