On October 13, 2022, Scott A. Kelly, M.D. provided written notice to the Board Chair of CytoDyn Inc. of his resignation as a director of the Company, effective immediately. Dr. Kelly will continue to serve as the Company's Chief Medical Officer and Head of Business Development. On October 13, 2022, the Company's Board of Directors (the Board") approved the appointment of Stephen M. Simes as a director of the Company, effective October 13, 2022.

Mr. Simes fills the vacancy created by the resignation of Dr. Kelly on October 13, 2022. Mr. Simes brings extensive experience to their Board through his service as CEO or a director of a number of pharmaceutical companies, both public and private. His career in the pharmaceutical industry started over 40 years ago with G.D. Searle & Co.

(now a part of Pfizer Inc.). He currently is Entrepreneur in Residence at Helix 51 and the Innovation and Research Park of Rosalind Franklin University of Medicine and Science in North Chicago, Illinois. Mr. Simes also serves as a director of BioLife4D Corporation, a private company developing a patient-specific, fully functioning human heart using 3D bioprinting and the patient's own cells and currently preparing for an IPO.

Mr. Simes is also chairman of the board of Bio-XL Limited, an Israeli company developing products in oncology. He serves as an advisor for SmartHealth Catalyzer and advises several emerging companies in varied therapeutic areas, including oncology and cardiology. Mr. Simes was the CEO of RestorGenex Corporation from 2014 to 2016, when it was acquired by Diffusion Pharmaceuticals (NASDAQ: DFFN).

From 1998 to 2013, Mr. Simes was the President and CEO of BioSante Pharmaceuticals, which was acquired by ANI Pharmaceuticals Inc. (NASDAQ: ANIP) in June 2013. He previously served on the boards of directors of Therapix Biosciences (2016-2020), RestorGenex Corporation (2014-2016), Ceregene Inc. (2009-2013), BioSante Pharmaceuticals (1998-2013), Unimed Pharmaceuticals Inc. (1994-1997), Bio-Technology General (1993-1995), and Gynex Pharmaceuticals Inc. (1989-1993). Stephen has a BSc in Chemistry from Brooklyn College of the City University of New York and an MBA from New York University.