Aravive, Inc. appointed Dr. Eshelman as the Executive Chairman of Aravive having served as the Non-Executive Chairman of the board since April 2020. In his new role as Executive Chairman, Dr. Eshelman will continue to
work with Chief Executive Officer, Gail Mcintyre, Ph.D., and senior management of the Company, to help shape and execute the Company's strategy and direction, as well as other key business initiatives, subject in all cases to
the direction of the Board of Directors.