On November 1, 2023, in connection with the Assignment (as defined below), William R.?Hinshaw, Jr. notified by Axcella Health Inc. of termination of position as Chief Executive Officer effective on November 1, 2023. On November 1, 2023, the Board appointed Craig R. Jalbert, age 61, as the Company?s principal executive officer. Mr. Jalbert has served as a principal of the Foxborough, Massachusetts accounting firm of Verdolino & Lowey, P.C. since 1987.

For over 30 years he has focused his practice in distressed businesses and has served, and continues to serve, in the capacities of officer and director for numerous firms in their wind-down phases.