On November 11, 2019, Magellan Health, Inc. announced that Daniel N. Gregoire, Executive Vice President, General Counsel and Secretary of the Company, intends to retire, transition his employment, and resign from his current position, effective as of December 31, 2019. Mr. Gregoire will continue to serve as an employee with a title of Senior Vice President, Special Counsel of the Company and will perform transition services, on a part-time basis for the period commencing on January 1, 2020 and ending on March 31, 2020 unless earlier terminated in accordance with the agreement described further below. On November11, 2019, the Company entered into a Transition and Retirement Agreement with Mr. Gregoire (the “Agreement”), pursuant to which, for the period commencing on January 1, 2020 and ending on March 31, 2020, unless earlier terminated in accordance with the Agreement (the “Term”), Mr. Gregoire shall continue to serve as an employee with the title of Senior Vice President, Special Counsel of the Company and provide such services as reasonably requested by the Company on a part-time basis.