On April 13, 2021, Chris Heberlig, the Chief Financial Officer (principal financial officer) and President of Organovo Holdings, Inc., notified the Company of his intent to resign from the Company, effective May 7, 2021. The Company expects to interview individuals with the requisite experience to serve as Mr. Heberlig's successor as CFO and principal financial officer and retain the Company's new CFO and principal financial officer through Danforth Advisors pursuant to the Consulting Agreement. In the interim, the Company expects that the Board of Directors of the Company will appoint Keith Murphy, the Company's current Executive Chairman and principal executive officer, as the Company's Interim Chief Financial Officer, effective upon Mr. Heberlig's resignation if a permanent Chief Financial Officer is not appointed prior to that time.