On April 8, 2021, Biostage, Inc. appointed Peter A. Pellegrino Jr. as Interim Vice President of Finance. Mr. Pellegrino is currently President of Point Providence Consulting. The Company has engaged Point Providence Consulting, and appointed Mr. Pellegrino as Interim Vice President of Finance in connection therewith, to assist with certain finance and accounting functions of the Company. In such role, Mr. Pellegrino will be the Company's principal accounting officer and principal financial officer.