Tetragon Financial Group Limited (TFG) and the Tetragon Master Fund Limited (Master Fund) announced that effective June 14, 2016, Mr. Byron Knief has decided to step down as a member of the board of directors of each of TFG and the Master Fund and that Mr. William P. Rogers Jr. has been appointed as an Independent Director of TFG and the Master Fund. Mr. Rogers will also serve on the Audit Committees of TFG and the Master Fund.