X0306 4 2020-09-18 0 0001793294 PPD, Inc. PPD 0001573297 Garrow Ronald E C/O PPD, INC., 929 NORTH FRONT STREET WILMINGTON NC 28401 0 1 0 0 See Remarks Common Stock 2020-09-18 4 M 0 9500 14.55 A 9500 D Common Stock 2020-09-18 4 S 0 9500 34.12 D 0 D Stock Options (Right to Buy) 14.55 2020-09-18 4 M 0 9500 0.00 D 2028-09-27 Common Stock 9500 5491 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.12 to $34.13, inclusive. The reporting person undertakes to provide to PPD, Inc. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Represents vested stock options. Does not include an additional 48,919 stock options with an exercise price of $14.55 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2020-2022. Title: EVP & Chief Human Resource Officer /s/ Richard Whitlow, as Attorney-in-Fact 2020-09-22