On March 8, 2020, Will McGuire submitted his resignation as President and Chief Executive Officer of Second Sight Medical Products, Inc. (the “Company”) to the Company's Board of Directors (the “Board”) effective March 27, 2020. Mr. McGuire remains a member of the Board. The Board appointed Gregg Williams, Chairman of the Board, as Acting Chief Executive Officer effective upon Mr. McGuire's departure.

John T. Blake, Chief Financial Officer and Pat Ryan, Chief Operating Officer will report to Mr. Williams. The Board is initiating a search process in order to identify and recruit an experienced and qualified successor. On March 12, 2020, the Company announced departure of Will McGuire, President and CEO, and Appointment of Gregg Williams as Acting CEO.