On July 24, 2017, Ms. Jacqueline Northcut notified Moleculin Biotech, Inc. of her desire to resign from the company’s Board of Directors, effective on such date. Ms. Northcut also served as a member of the Audit, Compensation, and Nominating and Corporate Governance Committees of the Board. Ms. Northcut’s resignation was not a result of or caused by any disagreement with the company.