Aeterna Zentaris Inc. (NASDAQ: AEZS)(TSX: AEZS) (the “Company”), a specialty biopharmaceutical company engaged in developing and commercializing novel treatments in oncology, endocrinology and women’s health, today announced the results of the vote on directors held at its 2017 annual meeting of shareholders held earlier today on May 9, 2017. Each of the director nominees proposed by management for election was elected as director, without a vote by ballot being conducted. The Company received proxies with regard to voting on the six directors nominated for election as set forth in the table below:

                        Name of Nominee       Votes For       %       Votes Withheld       % Michael Cardiff       706,745       75.06       234,809       24.94 David A. Dodd       754,297       80.11       187,257       19.89 Carolyn Egbert       729,161       77.44       212,393       22.56 Juergen Ernst       731,223       77.66       210,331       22.34 Gérard Limoges       707,611       75.15       233,943       24.85 Ken Newport       740,594       78.66       200,960       21.34  

All other matters at the shareholders' meeting were also approved by shareholders.

About Aeterna Zentaris Inc.

Aeterna Zentaris is a specialty biopharmaceutical company engaged in developing and commercializing novel pharmaceutical therapies. We are engaged in drug development activities and in the promotion of products for others. We recently completed Phase 3 studies of two internally developed compounds. The focus of our business development efforts is the acquisition of licenses to products that are relevant to our therapeutic areas of focus. We also intend to license out certain commercial rights of internally developed products to licensees in non-U.S. territories where such out-licensing would enable us to ensure development, registration and launch of our product candidates. Our goal is to become a growth-oriented specialty biopharmaceutical company by pursuing successful development and commercialization of our product portfolio, achieving successful commercial presence and growth, while consistently delivering value to our shareholders, employees and the medical providers and patients who will benefit from our products. For more information, visit www.aezsinc.com.

Aeterna Zentaris Inc.Philip A. Theodore, 843-900-3223Senior Vice Presidentir@aezsinc.com

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