Business Wire | Apr 26, 2021 09:00AM EDT

The Sonic Fund II, L.P. Issues Presentation Correcting Adverum's Misstatements

Apr. 26, 2021

HONOLULU--(BUSINESS WIRE)--Apr. 26, 2021--The Sonic Fund II, L.P. ("Sonic"), which beneficially owns approximately 6.8% of the outstanding common stock of Adverum Biotechnologies, Inc. (NASDAQ: ADVM) (the "Company" or "Adverum"), today issued a supplemental presentation detailing - and correcting - a number of the Company's recent misstatements. Sonic has nominated three independent, highly qualified director candidates - Jean Bennett, Jodi Cook and Herbert Hughes (the "Nominees") - for election to the Adverum Board of Directors (the "Board") at the 2021 Annual Meeting of Stockholders (the "2021 Annual Meeting").

The presentation, entitled "Adverum's Myths: Correcting the Record," is available at: https://www.saveadverum.com/investor-materials.

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