Omeros adds Joseph Schocken to board of directors

On August 12, 2026, the Board of Directors of Omeros Corporation, upon recommendation of the Nominating and Governance Committee, increased the number of its directors to nine and appointed Joseph Schocken as a director, effective immediately.¹ Mr. Schocken's initial term will expire at the company's 2027 annual meeting of shareholders or his earlier resignation or removal.¹ The Board also appointed him to the Audit Committee.¹

Schocken, 79, is a private investor and the founder and president of Tranceka Capital, LLC.¹ He founded Seattle-based investment bank Broadmark Capital LLC in 1987.¹ In 2010, he co-founded and served as chief executive officer of the entities that became Broadmark Realty Capital, Inc. on the NYSE until its merger in 2019, and he served as its post-merger chairman from 2019 through 2021.¹ He currently serves as chairman of Taqtile, Inc., a digital work assistance platform.¹

Schocken has long been involved in politics and economic policy on a national level, is recognized as one of the driving forces behind the JOBS Act, has testified on economic policy before committees of the U.S. House and Senate, and was a Presidential appointee to the National Advisory Council on Innovation and Entrepreneurship.¹ He received his MBA from Harvard University and his BA in history from the University of Washington.¹

Under the company's non-employee director compensation policy, Schocken was granted a stock option to purchase 30,000 shares of Omeros common stock on the date of his appointment.¹ He will be indemnified by the company under its standard director indemnification agreement.¹ Omeros stated that Schocken is not party to any understanding or arrangement connected to his appointment and has no material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.¹