X0206 3 2014-07-25 0 0000704159 VBI VACCINES INC. VBIV 0001222135 ARCH VENTURE FUND VI LP 8725 W. HIGGINS ROAD, SUITE 290 CHICAGO IL 60631 1 0001274410 ARCH VENTURE PARTNERS VI LP C/O ARCH VENTURE PARTNERS 8725 W. HIGGINS RD #290 CHICAGO IL 60631 1 0001274412 ARCH VENTURE PARTNERS VI LLC C/O ARCH VENTURE PARTNERS 8725 W. HIGGINS RD. #290 CHICAGO IL 60631 1 0001219039 CRANDELL KEITH 1 0001219043 BYBEE CLINTON 1 0001219042 NELSEN ROBERT 1 Common Stock 3399253 D Securities held of record by ARCH Venture Fund VI, L.P. ("ARCH VI"). ARCH Venture Partners VI, L.P. (the "GPLP"), as the sole general partner of ARCH VI, may be deemed to beneficially own certain of the shares held of record by ARCH VI. The GPLP disclaims beneficial ownership of all shares held of record by ARCH VI in which the GPLP does not have an actual pecuniary interest. ARCH Venture Partners VI, LLC (the "GPLLC"), as the sole general partner of the GPLP, may be deemed to beneficially own certain of the shares held of record by ARCH VI. The GPLLC disclaims beneficial ownership of all shares held of record by ARCH VI in which the GPLLC does not have an actual pecuniary interest. Each of Keith Crandell and Clinton Bybee, as managing directors of the GPLLC, may be deemed to beneficially own certain of the shares held of record by ARCH VI. Each of Messrs. Crandell and Bybee disclaims beneficial ownership of all shares held of record by ARCH VI except to the (continued in footnote 2) (continued from footnote 1) extent of their pecuniary interest therein. /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell, Managing Director of the general partner of ARCH VI 2014-08-04 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell, Managing Director of the general partner of GPLP 2014-08-04 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell, Managing Director of GPLLC 2014-08-04 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell 2014-08-04 /s/ Mark McDonnell, as Attorney-in-Fact for Clinton Bybee 2014-08-04 /s/ Mark McDonnell, as Attorney-in-Fact for Robert Nelson 2014-08-04