AGM 2021

May 27, 2021

Annual Meeting and a member of the Board of Directors of the company. Doctor. Patel has asked me to serve as the Secretary of this meeting and to review the items of business before stockholders today. As you know, we are hosting today's meeting through a virtual online platform hosted by Broadridge. Stockholders who are attending this meeting with a valid 16 digit control number will have the opportunity to submit questions or comments during the Q and A portion of this meeting through the text box located on your screen. We will try to answer any such questions submitted that are germane to the proposals of this meeting as and if we have time. Please submit your questions now to make sure they are received in a timely fashion for our review and response. We will screen incoming questions and we'll then read the question out loud. Dinesh or another executive will respond. If you intend to vote and have not already done so, you must submit your vote online now in order for it to be counted. After I describe each item to be voted on, we will close the polls. We will not accept ballots, proxies, revocations or changes after the closing of the polls. If you have already submitted your vote by proxy and do not wish to change your vote, you do not need to vote now and your shares will be voted as previously instructed. Before I call the meeting to order, I'd like to introduce you to members of the Board and the executive officers who are with us today. The other members of the Board with us virtually today are Harold Selick, Brian Giraudo, Sarah Nuneberg, Sarah O'Dowd and William Waddell, and I already mentioned Dinesh Patel. The other executive officers of the company here today are David Liu, Samuel Sachs, Sunil Gupta and Don Kalkofen. I'd also like to note that Ray Minahan of Ernst and Young LLP, the company's independent registered public accounting firm is in attendance virtually and available to respond to appropriate questions as needed. The meeting will now officially come to order. This meeting is being recorded. We will proceed with the formal business of the meeting as set forth in your notice of annual meeting and proxy statement. We will first present the 2 proposals submitted for approval by our Board. We will respond to questions related to the proposals after all of the proposals have been presented, after which polls will be closed and we will announce the preliminary results of the voting. Again, if you've not voted, I encourage you to vote online during this meeting. I have at this meeting a complete list of the stockholders of record of the company's common stock on March 31, 2021, the record date for this meeting. A list of stockholders of record is available for inspection by stockholders of record during this meeting for any reason germane to this meeting. Please click on the button on the bottom right of your screen in your online portal to view the list. I also have an affidavit certifying that on April 16, 2021, a notice of the annual meeting of stockholders of the company was deposited in the United States Mail to all stockholders of record at the close of business on March 31, 2021. At this time, I'll note that Don Kalkofen, our Chief Financial Officer is present virtually. Mr. Kalkofen has been appointed as Inspector of Election at this meeting. He has taken and subscribed the customary oath of office to execute his duties with strict impartiality. We will file this oath with the records of the meeting. His function is to decide upon the qualifications of voters except their votes and when balloting on all matters is completed to tally the final votes. I have been informed by the Inspector of Election that proxies have been received for 41, 613, 932 of the 43, 939, 246 shares of common stock outstanding on record date. That represents approximately 94.7% of the total number of outstanding shares. This constitutes a quorum for the meeting today and we may now carry out the official business of the meeting. We'll now proceed with the formal business of the meeting. After all of the proposals have been described, we will answer any questions related to the proposals submitted online. As a reminder, we ask that any comments or questions during this portion of the meeting pertain only to these proposals. Please submit any questions as soon as possible for our review. There are 2 proposals to be considered by the stockholders at this meeting. The time is now 10:0:5 a. M. On Thursday, May 20 7, 2021. The polls are now open for voting on all matters to be presented. The polls will be closed to voting after I go through each of the proposals to be voted on. The first item of business is the election of 3 Class II directors to serve until the 2024 Annual Meeting and until their successors are elected. The nominees for Class 2 Director are Sarah A. O'Dowd, William D. Waddell and Louis T. Rusty Williams. The second item of business today is the ratification of the selection by the Audit Committee of the Board of Directors of Ernst and Young LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31, 2021. That was the final proposal for today's meeting. We will now review if there are any questions about the aforementioned proposals before we close the polls. As a reminder, we will only review and answer questions at this time that pertain to the aforementioned proposals. There are no questions at this time. There are no questions. So the time is now 10:0:06 a. M. And the polls are closed for voting. The report of the Inspector of Election covering the proposals presented at this meeting is as follows: Proposal to elect Sarah A. O. Dowd, William D. Waddell and Louis T. Rusty Williams as Class 2 Directors of the company is carried The selection of Ernst and Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2021 is ratified. We expect to report the preliminary voting results or if available to us on a timely basis, the final voting results on a current report on Form 8 ks to be filed with the SEC within 4 business days after the end of this meeting. If not reported earlier, we expect to report our final voting results in an amendment to our Form 8 ks within 4 business days after the final results are known to us. That said, both proposals carried overwhelmingly. And that concludes the formal portion of today's meeting