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Mr. Rochet a French national is an independent business consultant on development and diversification strategies. He became a shareholder of Hippocampe S.A. (now our subsidiary Mymetics S.A.) in 1997 and was a director of that company between 1999 and 2001. He was appointed President and Chief Executive Officer after having been elected to the Board of Directors in July 2003. Previously Mr. Rochet was a successful international consultant advising large and small companies in their diversification efforts. Between 1986 and 1992 he was President and CEO of the French subsidiary of Tokos Medical. Prior to this Mr. Rochet founded his own consulting firm offering advice to French companies wishing to apply the principles of diversification he had previously been teaching at the Lyon Graduate School of Business and also writing about as a successful author of business books. Mr. Rochet holds an MBA from the University of Sherbrook in Canada an ITP from Harvard Business School and French degrees in Marketing and Accounting. | 