On October 20, 2022, upon the recommendation of the nominating & corporate governance committee, the board of Simulations Plus, Inc. implemented changes to the composition of the board's committees. As a result, effective as of October 20, 2022, the committees of the board are comprised as follows: Audit Committee – John Paglia (Chairperson), Daniel Weiner, Lisa LaVange, and Sharlene Evans; Compensation Committee – Daniel Weiner (Chairperson), John Paglia, Lisa LaVange, and Sharlene Evans; Nominating & Corporate Governance Committee – John Paglia (Chairperson), Daniel Weiner, Lisa LaVange, and Sharlene Evans. Additionally, upon recommendation of the nominating & corporate governance committee, the board appointed Daniel Weiner as the lead independent director of the board.