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IonQ Unanimously Appoints Peter Chapman as Next Chairman of the Board of Directors

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IonQ appoints Peter Chapman as the next Chairman of the Board and Harry You as the Lead Independent Director. Chapman's appointment is effective after the Annual General Meeting on June 5, 2024. Both appointments were disclosed in a proxy statement issued on April 25, 2024. Chapman and You will continue in their existing roles at the company, with Chapman as CEO and President and You as Chairman of the Audit Committee. The Board praised Chapman's contributions in transitioning IonQ from an academic to a commercial company and leading it to become the first known pure-play publicly traded quantum computing systems company. You brings a wealth of experience in generating shareholder value to his new role. Both Chapman and You expressed excitement about driving commercial value and strategic initiatives for IonQ in the rapidly growing quantum computing industry.
IonQ ha nominato Peter Chapman come prossimo Presidente del Consiglio di Amministrazione e Harry You come Direttore Indipendente Principale. La nomina di Chapman sarà effettiva dopo l'Assemblea Generale Annuale del 5 giugno 2024. Entrambe le nomine sono state rese note mediante un comunicato di procura emesso il 25 aprile 2024. Chapman e You continueranno nei loro ruoli attuali all'interno dell'azienda, con Chapman come CEO e Presidente e You come Presidente del Comitato di Revisione. Il Consiglio ha elogiato l'apporto di Chapman nella transizione di IonQ da un'entità accademica a una commerciale e nel suo ruolo di leader per renderla la prima azienda conosciuta di sistemi di calcolo quantistico quotata in borsa. You porta con sé una vasta esperienza nella creazione di valore per gli azionisti nel suo nuovo incarico. Sia Chapman che You hanno espresso entusiasmo nell'indirizzare il valore commerciale e le iniziative strategiche per IonQ nel settore in rapida crescita del calcolo quantistico.
IonQ ha designado a Peter Chapman como el próximo Presidente del Consejo y a Harry You como Director Independiente Principal. El nombramiento de Chapman será efectivo después de la Junta General Anual el 5 de junio de 2024. Ambos nombramientos fueron anunciados en un comunicado de representación emitido el 25 de abril de 2024. Chapman y You continuarán en sus roles actuales en la empresa, con Chapman como CEO y Presidente y You como Presidente del Comité de Auditoría. La junta elogió las contribuciones de Chapman en la transición de IonQ de una empresa académica a una comercial y en liderarla para convertirse en la primera compañía de sistemas de computación cuántica puramente pública conocida. You aporta una amplia experiencia en la generación de valor para los accionistas a su nuevo papel. Tanto Chapman como You expresaron entusiasmo por impulsar el valor comercial y las iniciativas estratégicas para IonQ en la industria de computación cuántica de rápido crecimiento.
IonQ는 피터 챕먼을 이사회 의장으로, 해리 유를 수석 독립 이사로 임명했습니다. 챕먼의 임명은 2024년 6월 5일 정기 주주총회 후에 효력이 발생합니다. 두 임명은 2024년 4월 25일에 발행된 위임장에서 공개되었습니다. 챕먼과 유는 회사에서 기존의 역할을 계속 수행하게 되며, 챕먼은 CEO 및 회장으로, 유는 감사 위원회의 의장으로 활동하게 됩니다. 이사회는 IonQ를 학계에서 상업 회사로 전환하고 이를 최초의 공개 시장에 상장된 순수 퀀텀 컴퓨팅 시스템 회사로 선도한 챕먼의 기여를 높이 평가했습니다. 유는 주주 가치를 창출하는 데 풍부한 경험을 새로운 역할로 가져옵니다. 챕먼과 유 모두 IonQ를 위해 급성장하고 있는 양자 컴퓨팅 산업에서 상업적 가치와 전략적 이니셔티브를 추진하는 데 대한 설렘을 표현했습니다.
IonQ a nommé Peter Chapman comme prochain Président du Conseil et Harry You comme Directeur Indépendant Principal. La nomination de Chapman prendra effet après l'Assemblée Générale Annuelle du 5 juin 2024. Les deux nominations ont été divulguées dans une déclaration de procuration émise le 25 avril 2024. Chapman et You continueront à occuper leurs rôles actuels dans l'entreprise, avec Chapman comme PDG et Président et You comme Président du Comité d'Audit. Le Conseil a salué les contributions de Chapman dans la transition d'IonQ d'une entreprise académique à une entreprise commerciale et dans son leadership pour en faire la première entreprise de systèmes de calcul quantique purement publique connue. You apporte une riche expérience en création de valeur pour les actionnaires dans son nouveau rôle. Chapman et You ont exprimé leur enthousiasme à conduire la valeur commerciale et les initiatives stratégiques pour IonQ dans l'industrie en pleine expansion du calcul quantique.
IonQ hat Peter Chapman als nächsten Vorsitzenden des Vorstands und Harry You als leitenden unabhängigen Direktor ernannt. Chapmans Ernennung wird nach der jährlichen Hauptversammlung am 5. Juni 2024 wirksam. Beide Ernennungen wurden in einer am 25. April 2024 herausgegebenen Vollmachterklärung bekannt gegeben. Chapman und You werden ihre bestehenden Rollen im Unternehmen beibehalten, mit Chapman als CEO und Präsident und You als Vorsitzender des Prüfungsausschusses. Der Vorstand lobte Chapmans Beiträge zur Umwandlung von IonQ von einer akademischen zu einer kommerziellen Gesellschaft und seiner Führung, die das Unternehmen zum ersten bekannten, reinen börsennotierten Quantencomputersystem-Unternehmen machte. You bringt eine Fülle von Erfahrung in der Generierung von Aktionärswert in seine neue Rolle ein. Sowohl Chapman als auch You äußerten sich begeistert über die Möglichkeit, den kommerziellen Wert und strategische Initiativen für IonQ in der schnell wachsenden Branche der Quantencomputertechnologie voranzutreiben.
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Independent Director of the Board Harry You–former CFO of Accenture and Oracle–also appointed as next Lead Independent Director of the Board

COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today the appointment of Peter Chapman as its next Chairman of the Board and Harry You as the Lead Independent Director of the Board, effective at the close of IonQ’s upcoming Annual General Meeting on June 5, 2024. Both appointments were disclosed in a proxy statement issued on April 25, 2024.

Peter Chapman has also been nominated for re-election as a Class III director at the meeting, and his chairmanship will take effect assuming he is re-elected.

“Last quarter we were delighted to have appointed Robert Cardillo and Bill Scannell to our Board of Directors. In addition, the Board unanimously appointed Peter Chapman to serve as its next Chairman following the annual meeting given his half-decade worth of contributions to IonQ and his strong progress transitioning IonQ from an academic to a commercial company,” said Niccolo de Masi, Chairman of the Nominating & Corporate Governance Committee of IonQ’s Board. “Under Peter’s leadership, IonQ became the first known pure-play publicly traded quantum computing systems company and has demonstrated a track record of meeting and beating the technical and financial milestones it set out before going public.”

Additionally, the Board unanimously nominated Harry You to become the Lead Independent Director of the Board upon the closing of the June 5th Annual General Meeting. You has an extensive history of generating shareholder value, from the sale of EMC to Dell to the acquisition of VMWare by Broadcom.

Both Chapman and You will continue to serve in their existing roles at the company, with Chapman as CEO and President and You as Chairman of the Audit Committee of IonQ’s Board.

“It is an honor to receive such a strong vote of confidence from the Board, especially as IonQ expands its leadership in driving commercial value for our customers with our quantum systems,” said Peter Chapman, CEO and President, IonQ. “I look forward to expanding my current role and working closely with board members like Harry to develop and implement IonQ’s most important strategic initiatives.”

“In recent years, we have seen a surge of interest in quantum computing which has accelerated the demand for commercialized systems across the public and private sectors,” said Harry You. “I am excited to work alongside Peter in my new capacity as IonQ further carves out its position in quantum computing and quantum networking. With the company’s strong balance sheet, operational momentum, and talented leadership team, we are well-situated to pursue multiple avenues of growth and development.”

About IonQ

IonQ, Inc. is a leader in quantum computing that delivers high-performance systems capable of solving the world’s largest and most complex commercial and research use cases. IonQ’s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company’s innovative technology and rapid growth were recognized in Fast Company’s 2023 Next Big Things in Tech List and Deloitte’s 2023 Technology Fast 500™ List, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.

IonQ Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “will,” “believe,” and other similar expressions are intended to identify forward-looking statements. These statements include those related to: the ability of IonQ to produce value for its customers; IonQ’s growth, strategy and market position; expected leadership changes; the market for quantum computing; commercial value of and demand for IonQ’s systems; and IonQ’s quantum computing and quantum networking capabilities and plans. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: the results of the proposals before the Company’s stockholders at the annual meeting of stockholders; changes in the competitive industries in which IonQ operates; development of competing technologies; potential scientific limits and barriers to improving quantum technologies; changes in laws and regulations affecting IonQ’s business; IonQ’s ability to implement its business plans, forecasts and other expectations, identify and realize partnerships and opportunities, and to engage new and existing customers; and risks associated with U.S. government sales, partnerships and contracts, including changes in policy affecting the feasibility of public-private partnerships and provisions that allow the government to unilaterally terminate or modify contracts for convenience and the uncertain scope and impact of a possible U.S. government shutdown or operation under a continuing resolution; potential scientific limits and barriers to improving quantum technologies; changes in the competitive industries in which IonQ operates; changes in laws and regulations affecting IonQ’s business; and IonQ’s ability to implement its business plans, forecasts and other expectations, identify and realize partnerships and opportunities, and to engage new and existing customers. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company’s filings, including but not limited to those described in the “Risk Factors'' section of IonQ’s most recent Annual Report on Form 10-K and other documents filed by IonQ from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations.

IonQ Media contact:

Tyler Ogoshi

press@ionq.com

IonQ Investor Contact:

investors@ionq.co

Source: IonQ

FAQ

Who is the next Chairman of the Board of IonQ?

Peter Chapman has been appointed as the next Chairman of the Board of IonQ.

Who is the Lead Independent Director of the Board of IonQ?

Harry You has been appointed as the Lead Independent Director of the Board of IonQ.

When will Peter Chapman's appointment as Chairman be effective?

Peter Chapman's appointment as Chairman will be effective after the Annual General Meeting on June 5, 2024.

When were the appointments of Peter Chapman and Harry You disclosed?

The appointments of Peter Chapman and Harry You were disclosed in a proxy statement issued on April 25, 2024.

What roles will Peter Chapman and Harry You continue to hold at IonQ?

Peter Chapman will continue as CEO and President, while Harry You will continue as Chairman of the Audit Committee at IonQ.

What is Peter Chapman's contribution to IonQ according to the Board?

The Board praised Peter Chapman's contributions in transitioning IonQ from an academic to a commercial company and leading it to become the first known pure-play publicly traded quantum computing systems company.

What experience does Harry You bring to his new role at IonQ?

Harry You has an extensive history of generating shareholder value, including involvement in the sale of EMC to Dell and the acquisition of VMWare by Broadcom.

What are the expectations of Peter Chapman and Harry You for IonQ's future?

Both Peter Chapman and Harry You expressed excitement about driving commercial value and strategic initiatives for IonQ in the rapidly growing quantum computing industry.

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