Effective April 6, 2022, in connection with the IPO, Huifeng Chang, Jim Mao and Kevin D. Vassily were appointed directors of Denali Capital Acquisition Corp. In addition, pursuant to the amended and restated memorandum and articles of incorporation of the Company, the board of directors was classified and the term of office of each of the directors shall expire as follows: Class I, with a term expiring at the 2023 annual general meeting – Huifeng Chang; Class II, with a term expiring at the 2024 annual general meeting – Kevin D. Vassily; and Class III, with a term expiring at the 2025 annual general meeting – Lei Huang and Jim Mao.