Silicon Valley Bank Loan Agreement

All statements in this press release, which do not describe historical facts, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as “believe”, “expect”, “intention”, “may”, “plan”, “potentially”, “become” and similar expressions and are based on Aclaris` current beliefs and expectations. These forward-looking statements include the continued implementation of Aclaris` new business strategy and the belief that existing cash, cash equivalents and marketable securities, as well as proceeds from the loan, will be sufficient to fund its operations through the first quarter of 2022. .