|Colliers Securities LLC||Kyle Bauser, Ph.D.|
|Maxim Group||Michael Diana|
SWK Holdings Corporation is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding SWK Holdings’ performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of SWK Holdings or its management. SWK Holdings does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.