On February 23, 2023, Annette Clancy, current chair of the Board, Brian O'Callaghan, Stephanie Brown, Anne
VanLent and Ed Mathers, each a current member of the Board, notified the Company that they will not stand for
re-election as director nominees of ObsEva SA at the AGM which is expected to be held later in 2023, and
therefore, will no longer serve as directors of the Company or on any committee of the Board, effective as of
the AGM. The decisions of the directors not to stand for re-election was in connection with the reorganization
and not due to any disagreement with the Company. Officer Departure and Appointment: As part of the reorganization, on February 24, 2023, the Company announced that Brian O'Callaghan, the Company's
Chief Executive Officer, stepped down from his position effective as of February 23, 2023. Mr. O'Callaghan is
succeeded by Will Brown as Interim Chief Executive Officer. In addition to Interim Chief Executive Officer, Mr.
Brown continues to serve as the Company's Chief Financial Officer.