BRIEF-Cytosorbents Corp's Board Approves Voluntary Salary Reduction Program For Certain Of Employees

Reuters04-03

April 3 (Reuters) - Cytosorbents Corp :

* CYTOSORBENTS CORP - ON MARCH 29, BOARD AUTHORIZED AND APPROVED A VOLUNTARY SALARY REDUCTION PROGRAM FOR CERTAIN OF COMPANY'S EMPLOYEES

* CYTOSORBENTS CORP - PURSUANT TO THE SALARY REDUCTION AGREEMENTS, THE CEO AGREED TO REDUCE HIS BASE SALARY BY 35%

* CYTOSORBENTS CORP - REDUCED BASE SALARY IS EFFECTIVE FOR THE PERIOD OF APRIL 1, 2024 THROUGH DECEMBER 31, 2024

* CYTOSORBENTS- PHILLIP P. CHAN $(CEO)$, KATHLEEN P. BLOCH $(CFO.AU)$, AMONG EXECUTIVES WHO CHOSE TO PARTICIPATE IN VOLUNTARY SALARY REDUCTION PROGRAM

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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