Aurinia Provides Update on Proxy Statement

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Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) filed a supplement (the โ€œSupplementโ€) to the Companyโ€™s Management Information and Proxy Statement dated June 3, 2024 (the โ€œProxy Statement/Circularโ€) for its Annual General Meeting of Shareholders to be held on June 14, 2024 (the โ€œAnnual Meetingโ€).

The purpose of the Supplement is to reduce the proposed increase in the shares reserved for issuance under the Companyโ€™s Equity Incentive Plan in Proposal 4 from 11,375,000 Plan Shares (as defined in the Proxy Statement/Circular) to 8,500,000 Plan Shares. Accordingly, the Supplement revises and amends the Proxy Statement/Circular to decrease the number of Plan Shares requested to be reserved for use under the Companyโ€™s Equity Incentive Plan in Proposal 4 in the Proxy Statement/Circular from 35,190,115 to 32,315,115, representing a total increase of 8,500,000 Plan Shares, and representing, in aggregate, 22.7% of total shares outstanding as of April 30, 2024. This supplement should be read in conjunction with the Proxy Statement/Circular.

A copy of the Supplement is available on the Companyโ€™s website at https://www.auriniapharma.com/investors-and-media/news-events/2024-agm, and on the Companyโ€™s profiles on EDGAR at www.sec.gov/EDGAR and SEDAR+ at www.sedarplus.ca.

About Aurinia

Aurinia Pharmaceuticals is a fully integrated biopharmaceutical company focused on delivering therapies to people living with autoimmune diseases with high unmet medical needs. In January 2021, the Company introduced LUPKYNISยฎ (voclosporin), the first FDA-approved oral therapy dedicated to the treatment of adult patients with active lupus nephritis. The Companyโ€™s head office is in Edmonton, Alberta, with its U.S. commercial office in Rockville, Maryland. The Company focuses its development efforts globally.

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