Establishment Labs Announces Jeffrey Bettinger Has Joined the Company as Global Head of People

Establishment Labs Holdings Inc. (NASDAQ: ESTA), a global medical technology company dedicated to improving women’s health and wellness, principally in breast aesthetics and reconstruction, announced today that Jeffrey Bettinger has been appointed Global Head of People.

Mr. Bettinger will join the executive team at Establishment Labs with responsibility for culture, employee experience, and human capital strategy. Mr. Bettinger joins Establishment Labs from Nu Skin, a global leader in beauty and wellness, where he served as the Chief People and Places Officer. He has also held a variety of executive and senior leadership roles in medical devices, financial services, pharmaceuticals, and engineering. His past employers have included USAA, Petco, State Farm, Fluor, and Walmart.

“As we prepare for the significant growth ahead, our people and our culture remain our most valuable assets,” said Juan José Chacón-Quirós, CEO and Founder of Establishment Labs. “Jeff will be a powerful voice as we continue to grow globally and ready the Establishment Labs team for our expansion into new markets and for the shifts to come in how we communicate and engage with our consumers.”

Mr. Bettinger has received regional and national recognition for leadership development and culture transformation. He has also published on a variety of human capital topics. Mr. Bettinger earned a bachelor’s degree in communication and a master’s degree in organizational communication and educational administration from Idaho State University. He also holds a Master of Business Administration from Liberty University.

Commenting on his new role, Mr. Bettinger added, “Joining a company in Femtech with such an incredible mission was an immediate draw for me. I am honored to join Juan José and the entire ESTA team as we bring innovation to an industry that has been starved of it for years and in doing so, change the lives of women worldwide.”

About Establishment Labs

Establishment Labs Holdings Inc. is a global medical technology company dedicated to improving women’s health and wellness. The company’s initial focus is breast health, principally breast aesthetics and reconstruction. Establishment Labs offers a portfolio of advanced silicone gel-filled breast implants, branded as Motiva Implants^® that include a number of innovative and patented features designed to deliver improved aesthetic and clinical outcomes. Since commercial launch in 2010, more than 1.8 million Motiva Implants^® have been delivered to plastic surgeons in over 80 countries. The company also offers or has under development a number of related products and technologies, including the Motiva Flora^® tissue expander and Motiva MIA^®, the company’s minimally invasive breast enhancement procedure. In 2018, Establishment Labs received an investigational device exemption (IDE) from the FDA for the Motiva Implant^® and began a clinical trial to support regulatory approval in the United States. Motiva Implants^® are manufactured at the company’s two facilities in Costa Rica, which are compliant with all applicable regulatory standards under ISO13485:2016 and FDA 21 CFR 820 under the MDSAP program. Please visit our website for additional information at www.establishmentlabs.com.

Forward-Looking Statements

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