I am excited to lead the Company during these challenging times. I can assure you that I am fully committed to finding the best solutions for QLT with the primary goal of enhancing shareholder value.

194

The Company has faced many challenges over the last 12 months. I continue to work closely with the Senior Management team and our Board of Directors in reviewing the Company's assets, products, business lines, and strategic position to determine the most effective steps toward enhancing shareholder value.

110