On March 14, 2016, the Board of Directors of Viveve Medical, Inc. increased the size of its Board from five to six members and appointed Jon M. Plexico to serve as a member of the Board, effective immediately. Mr. Plexico is currently one of two Managing Members of Stonepine Capital Management, LLC along with Timothy P. Lynch. Stonepine Management, is the General Partner of Stonepine Capital, L.P. (“Stonepine”), a holder of approximately 30.7% of the outstanding common stock of the Company.

Mr. Plexico was appointed to the Board as a representative of Stonepine, at Stonepine's election.