As previously disclosed, on April 25, 2022, Twitter, Inc. (Twitter") entered into an Agreement and Plan of Merger (the Merger Agreement") with X Holdings I, Inc. (Parent"), X Holdings II, Inc., a wholly owned subsidiary of Parent (Acquisition Sub"), and, solely for the purpose of certain provisions of the Merger Agreement, Elon R. Musk. On October 27, 2022, pursuant to the terms of the Merger Agreement, Acquisition Sub merged with and into Twitter (the Merger"), with Twitter surviving the Merger and becoming a wholly owned subsidiary of Parent (the Surviving Corporation"). On October 27, 2022, and as a result of the consummation of the Merger, Mr. Musk became the sole director of Twitter.

In accordance with the terms of the Merger Agreement, effective as of the effective time of the Merger, the following persons, who were directors of Twitter prior to the effective time of the Merger, are no longer directors of Twitter: Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou.