EX-99.5 10 tmb-20250630xex99d5.htm EX-99.5

Exhibit 99.5

Consent to be Named as a Director

Carisma Therapeutics Inc. is filing a Registration Statement on Form S-4 (the “Registration Statement”) with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”). In connection therewith, I hereby consent, pursuant to Rule 438 of the Securities Act, to being named in the Registration Statement and any and all amendments and supplements thereto as a future member of the board of directors of the combined company following the consummation of the merger. I also consent to the filing of this consent as an exhibit to the Registration Statement and any amendments thereto.

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Sincerely, | ​
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/s/ Sanjay Subramanian | ​
Name: Sanjay Subramanian | ​
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Date: August 21, 2025 | ​

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