|Evercore ISI||Josh Schimmer, MD, MBA|
|Jefferies LLC||Suji Jeong, Ph.D|
|JMP Securities||Liisa A. Bayko|
|Canaccord Genuity Inc.|
|H.C. Wainwright & Co. Inc.||Andrew S. Fein|
|Ladenburg Thalmann & Co., Inc.||Michael Higgins|
The research analysts listed above have recently published reports on Savara Inc. These reports are listed for informational purposes only. Please note that any information, opinions, estimates or forecasts regarding Savara or Savara’s financial performance or Savara’s stock price contained in such reports are made solely by the analysts and firms who prepared such reports and do not represent information, opinions, estimates, forecasts or predictions by Savara or Savara’s management. Savara shall not be deemed to have endorsed, concurred or adopted any such information, conclusions or recommendations in any of such reports.