X0206 3 2020-04-08 0 0001513818 Aravive, Inc. ARAV 0001033409 ESHELMAN FREDRIC N C/O ARAVIVE, INC. RIVER OAKS TOWER, 3730 KIRBY DRIVE, SUITE 1200 HOUSTON TX 77098 1 0 0 0 0001706673 Eshelman Ventures, LLC C/O ARAVIVE, INC. RIVER OAKS TOWER 3730 KIRBY DRIVE, SUITE 1200 HOUSTON TX 77098 1 0 0 0 Common Stock 931098 I See footnote Eshelman Ventures, LLC is the record holder of the securities. Dr. Fredric Eshelman is the founder and principal of Eshelman Ventures, LLC and may be deemed to beneficially own the securities held by Eshelman Ventures, LLC. Dr. Eshelman disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein. ESHELMAN VENTURES, LLC, By: /s/ Frederic N. Eshelman, Name: Frederic N. Eshelman, Title: Managing Member 2020-04-10 /s/ Fredric N. Eshelman 2020-04-10