Novan, Inc.

Hello and welcome to the Novant, Inc. Full Year 2022 Update Conference Call and Webcast. As a brief reminder, all participants are currently in a listen-only mode. If anyone requires operator assistance during the event, please press star then zero on your telephone keypad. Following the presentation, there will be a question and answer session. Note that this webcast is being recorded at the company's request and that a replay will be available on the company's website following the end of the event. At this time, I'd like to remind our listeners that remarks made during this webcast may state management's intentions, beliefs, expectations, or future projections. These are forward-looking statements and involve risks and uncertainties. Forward-looking statements on this call are made pursuant to the safe harbor provisions of the federal securities laws and are based on NOVAM's current expectations and actual results could differ materially. As a result, you should not place under-reliance on any forward-looking statements. Some of the factors that could cause actual results to differ materially from those contemplated by such forward-looking statements are discussed in the periodic reports and event files with the Securities and Exchange Commission. These documents are available on the Investors section of the company's website and on the Securities and Exchange Commission's website. We encourage you to review these documents carefully. Additionally, certain information contained in this webcast relates to or is based on studies, publications, surveys, and other data obtained from third-party sources and the company's own estimates and research. While the company believes these third-party sources to be reliable as of the date of this presentation, it has not independently verified and makes no representation as to the adequacy, fairness, accuracy, or completeness of that or of any independent source that has been verified, any information obtained from any third-party sources. Joining us on today's call from Novant's leadership team are Paula Brown-Stafford, Chairman of President and Chief Executive Officer, John A. D'Onofrio, Executive Vice President and Chief Operating Officer, and John M. Gay, Chief Financial Officer. I would now like to turn the conference over to Paula Brown-Stafford, Chairman, President, and Chief Executive Officer. Please proceed.

Paula Brown- Thank you, Operator. Before I begin my formal presentation, I would like to take a moment to recognize two important individuals to me and to the full NoVAN team. Both individuals recently passed away. First, Dr. John Palmer, one of our original board members and shareholders, passed away in November. And second, Mr. Bob Ingram, previous chair before myself of the NoVan board, a decade-long member and shareholder, and an icon in the pharmaceutical industry, passed away this past weekend.

I ask for just a moment of silence in their memory. Thank you.