Avid Bioservices, Inc.

(NASDAQ CM: CDMO)

Rigrodsky Law, P.A. is investigating Avid Bioservices, Inc. (“Avid”) regarding possible breaches of fiduciary duties and other violations of law related to Avid’s agreement to be acquired by funds managed by GHO Capital Partners LLP and Ampersand Capital Partners. Under the terms of the agreement, Avid shareholders will receive $12.50 per share in cash.

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Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: 12/21/2024

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