ANALYST COVERAGE

Regulus Therapeutics Inc. is covered by the following analysts.

Firm Analyst
BMO Capital Markets
Matthew Luchini
Chardan
Madhu Kumar, Ph.D.
Cowen and Company
Eric Schmidt, Ph.D.
LEERINK Partners LLC
Joseph Schwartz
Needham & Company
L. Alan Carr, Jr., Ph.D., CFA
WedBush
Liana Moussatos
Wells Fargo Securities
Jim Birchenough

Regulus Therapeutics Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Regulus Therapeutics Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Regulus Therapeutics Inc. or its management. Regulus Therapeutics Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.