On July 12, 2016, pursuant to the terms of an Agreement and Plan of Merger, dated as of March 20, 2016 (the Merger Agreement), by and among IHS, Markit Ltd., a Bermuda company (Markit), and Marvel Merger Sub Inc. (Merger Sub), Merger Sub merged with and into IHS, with IHS surviving such merger as an indirect wholly-owned subsidiary of Markit (the Merger). In connection with the closing of the Merger, Markit Ltd. changed its name to IHS Markit Ltd. Upon completion of the Merger, the following individuals became the directors of IHS Inc. - Stephen Green, Todd Hyatt, Sari Granat and Jeff Gooch. Each of the nine directors of IHS immediately prior to the Effective Time (Ruann F. Ernst, Christoper V. Grolman, Brian Hall, Roger Holtback, Balakrishnan Iyer, Deborah Doyle McWhinney, Jean-Paul L. Montupet, Richard W. Roedel and Jerre L. Stead) are no longer directors of IHS.