On November 7, 2023, the Board of Directors (the ?Board?) of CervoMed Inc. (the ?Company?) appointed Robert J. Cobuzzi, Jr., Ph.D., as a director of the Company, effective immediately. Dr. Cobuzzi will serve for a term to continue until the Company?s next annual meeting of stockholders. Dr. Cobuzzi, age 59, has served as the Company?s Chief Operating Officer since August 2023.

Dr. Cobuzzi previously served as the President and Chief Executive Officer of Diffusion Pharmaceuticals Inc. (?Diffusion?) from September 2020 to August 2023, and was a member of Diffusion?s board of directors from January 2020 until August 2023. Dr. Cobuzzi also currently serves as a Venture Partner and Chairman of the Business Development Board for Sunstone Life Science Ventures, an independent European venture capital investment firm focused on life science therapeutic innovations. Previously, Dr. Cobuzzi served as an Advisor to the Mitochondrial Disease Research Program at the Children?s Hospital of Philadelphia, an internationally recognized hospital and research center devoted to children, from January 2019 to April 2020, and as President and Chief Executive Officer of MitoCUREia Inc., an affiliated company, from July 2019 to July 2020.

From 2005 to 2018, Dr. Cobuzzi served in various roles at Endo International PLC, a specialty branded and generic pharmaceuticals manufacturer, most recently serving as President of Endo Ventures Limited. Dr. Cobuzzi received his Bachelor of Arts in Biochemistry and Art History from Colby College and his Ph.D. in Molecular and Cellular Biochemistry from Loyola University Chicago. He served as a Post-doctoral Fellow in Experimental Therapeutics at Roswell Park Cancer Institute.

Dr. Cobuzzi was appointed to the vacancy on the Board created by the previously announced resignation of Jill Davidson and, accordingly, the size of the Board remains seven directors. Dr. Cobuzzi will not serve on any of the Board?s standing committees, will not receive any additional compensation for his service as a director, and no changes were made to Dr. Cobuzzi?s employment agreement with the Company in connection with his appointment as a director.