Urovant Sciences Ltd. announced that in connection with the Merger and pursuant to the Merger Agreement, at the Effective Time, the members of the board of directors of the Surviving Company immediately prior to the Effective Time (consisting of Mr. James Hindman, Dr. Sef P. Kurstjens, M.D., Ph.D., Mr. Pierre Legault, Dr. Shigeyuki Nishinaka, Ph.D., Ms. Myrtle Potter and Mr. James Robinson) were replaced with the members of the board of directors of Merger Sub as of immediately prior to the Effective Time (consisting of Mr. Yuichiro Haruyama, Dr. Nishinaka, Ms. Potter and Mr. Robinson). Each of Mr. Haruyama, Dr. Nishinaka, Ms. Potter and Mr. Robinson will serve on the Board until their successor is duly elected and qualified or until their earlier death, resignation or removal.