On September 15, 2023, the Board of Directors of Ocugen, Inc. appointed Michael Breininger, who is currently the Corporate Controller, as the Company?s Interim Chief Accounting Officer and principal financial officer, effective as of September 15, 2023. In addition, effective as of September 15, 2023, (i) Shankar Musunuri, Ph.D., MBA, the Company?s Chairman, Chief Executive Officer & Co-Founder, is no longer serving as the Company?s interim principal financial officer, and (ii) Ramesh Kumar, Ph.D., a director of the Company, is no longer serving as the Company?s Interim Chief Accounting Officer. Mr. Breininger will carry out his role as Corporate Controller, Interim Chief Accounting Officer and principal financial officer of the Company pursuant to an agreement between the Company and CFGI.

The agreement is for a term of twelve months and outlines the scope of responsibilities of CFGI, as well as Mr. Breininger?s role. Michael Breininger, age 41, has served as a Managing Director at CFGI, a leading firm providing accounting, reporting, tax, and compliance services, since January 2022, and prior to that, served as a Senior Manager at CFGI from July 2019 to January 2022. Prior to joining CFGI, Michael served as Assistant Controller at Singer Equipment Company from June 2017 to July 2019, and was previously an Assurance Manager at PricewaterhouseCoopers.

Michael holds a Bachelor of Science in Accounting from West Chester University, a Master of Business Administration from Saint Joseph?s University, and a certificate in Lean Six Sigma from Villanova University. He is a Certified Public Accountant in Pennsylvania and a Lean Six Sigma Black Belt. He is a member of both the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants.