Minerva Surgical, Inc. announced that on January 13, 2023, David M. Renzi indicated his intent to resign from Board of Directors of the Company and as Chairman of its nominating and corporate governance committee, contingent and effective upon the closing of the Private Placement, which is expected to occur in the first quarter of 2023, subject to the satisfaction of the closing conditions described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 28, 2022. Mr. Renzi's decision to resign was not the result of any disagreement with the policies, procedures or practices of the Company.