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Actionable news in AEZS: AEterna Zentaris Inc.,

AEterna Zentaris: Name And Address Of Company

The following excerpt is from the company's SEC filing.

Aeterna Zentaris Inc. (the

Corporation

c/o Norton Rose Fulbright Canada LLP

1 Place Ville Marie

Suite 2500

Montreal, QC

H3B 1R1

Date of Material Change

News Release

On November 16, 2015 and November 18, 2015, the Corporation issued news releases indicating the material change, which were disseminated in Canada on the Canada NewsWire service. Copies of such news releases are attached hereto as

Schedule A

Schedule B

, respectively.

Summary of Material Change

On Novem ber 16, 2015, the Corporation announced that the holders of its issued and outstanding common shares

(Common Shares)

had approved a share consolidation (the

Consolidation

) and that the Corporation had determined that the Consolidation ratio will be 100-for-1.

On November 18, 2015, the Corporation announced that the Consolidation became legally effective on November 17, 2015 and that it was expected that the post-Consolidation Common Shares would begin trading on each of NASDAQ and TSX at the opening of markets on November 20, 2015, and it provided other details regarding the implementation of the Consolidation.

The news releases attached as

hereto set forth a complete description of the Consolidation.

Full Description of Material Change

See Item 4.

Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

Omitted Information

Executive Officer

Further information regarding the matters described in this report may be obtained from Philip A. Theodore, Senior Vice President, General Counsel. Mr. Theodore is knowledgeable about the details of the material change and may be contacted at (843) 900-3211.

Date of Report

November 18, 2015.

SCHEDULE A

NEWS RELEASE

(November 16, 2015)

Aeterna Zentaris Announces Shareholder Approval of Share Consolidation

Québec City, Canada, November 16, 2015

- Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZ) (the “Company”) today announced that the holders of its issued and outstanding common shares (“Common Shares”) approved a share consolidation (the “Consolidation”) and that the Company has determined that the Consolidation ratio will be 100-for-1.

Representatives of Computershare Trust Company of Canada, who served as the scrutineers of the special meeting of shareholders at which the Consolidation was approved, certified that 333,889,035 of the Company’s Common Shares were voted on the...


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