ITEM 5.02 DEPARTURE OF DIRECTORS OF CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

As previously disclosed on May 2, 2023, Exicure, Inc. (the "Company") entered into a Separation and Release Agreement on April 26, 2023 with Matthias Schroff in connection with his retirement from the Company. On June 12, 2023, the Company entered into the First Amendment to the Separation and Release Agreement with Dr. Schroff (the "First Amendment"). Pursuant to the First Amendment, the date of vesting for Dr. Schroff's existing equity awards and the issuance of additional shares of the Company to Dr. Schroff will occur on June 12, 2023 rather than the three month anniversary of his resignation.

The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to such agreement, which is filed as an Exhibit hereto and incorporated into this report by reference.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits:

   Exhibit
     No.                                              Description
                      First Amendment to the Separation and Release Agreement of Matthias Schroff,
10.1                dated June     12    , 2023, among Exicure, Inc. and Matthias Schroff
104                 Cover Page Interactive Data File (embedded within the Inline XBRL document).


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