Ex-CEO Regan's Corvus proposes to buy CDT Equity at $2.00/share, a 96.3% premium

CDT Equity Inc.

• Dr. Andrew Regan, CDT's former CEO, delivered a Nov. 5, 2026 letter stating Corvus Capital intends to propose acquiring all outstanding CDT common stock at $2.00/share.
• The $2.00 price is a 96.3% premium, on a post-split basis, to CDT's Nov. 4, 2026 closing price; the proposal is non-binding and no definitive terms have been received.
• Board plans a special committee of independent directors with full authority to consider, negotiate and vote on the proposal and any other strategic alternatives.
• Regan acts as a significant stockholder through his own shares plus beneficial ownership of Corvus Capital Limited and Manoira Limited.
• Company cautions there is no assurance a transaction will result or on its timing, terms and conditions.