On April 15, 2014, John B. Harley, M.D., Ph.D. and ERBA Diagnostics, Inc. announced that Dr. Harley would not stand for re-election as a director on the Company's Board of Directors at the company's 2014 Annual Meeting of Stockholders, which is currently scheduled to be held on May 20, 2014. Accordingly, Dr. Harley's term as a director will expire at the Annual Meeting. On April 15, 2014, Sanjiv Suri and the company announced that Mr. Suri would not stand for re-election as a director on the company's Board of Directors at the Annual Meeting. Accordingly, Mr. Suri's term as a director
will expire at the Annual Meeting. Mr. Suri will continue to serve as the Company's Interim Chief Executive Officer.