On May 21, 2014, Jean-Jacques Bienaim tendered his resignation as a member of the Board of Directors of Portola Pharmaceuticals, Inc. effective June 30, 2014, and as a member and the chairperson of the Compensation Committee of the Board, effective immediately. Mr. Bienaim served as a Portola Director since September 2010. On May 27, 2014, the Board appointed John H. Johnson as chairperson of the Compensation Committee.