PLEASE READ THESE TERMS AND CONDITIONS OF USE CAREFULLY BEFORE USING THIS WEB SITE.

These terms of use describe the terms and conditions applicable to your use of Theravance Biopharma, Inc.'s ("Theravance Biopharma") Web site. By using this site, you signify your assent to these Terms and Conditions. If you do not agree to all of these Terms and Conditions of use, do not use this Web site. Theravance Biopharma may modify this Web site and the terms and conditions governing its use, at any time. Modifications will be posted on the Web site, so please check back when you use the Web site. By continuing use of the Web site after such changes are posted you will be accepting such changes. This Web site does not provide medical or professional services advice. This content is intended to be a general information resource in regard to the subject matter covered, but is provided solely on an "AS IS" and "AS AVAILABLE" basis as noted on this page. Theravance Biopharma is not engaged in rendering medical or similar professional services or advice via this Web site, and the information provided is not intended to replace medical advice offered by a physician. If you desire or need such services or advice, you should consult a professional healthcare provider.

Scope of Use
Theravance Biopharma invites you to view, use and download a single copy of this Web site for your informational, non-commercial use. Except as otherwise provided on this page, no part of any content or software on this Web site may be copied, downloaded or stored in a retrieval system for any other purpose, nor may it be redistributed for any purpose, without the express written permission of Theravance Biopharma. You understand that Theravance Biopharma may discontinue, change, or restrict your use of this Web site for any reason without notice. By using this Web site, you represent that you are at least 18 years old and a U.S. resident.

No Warranties
ALL CONTENT ON THIS WEB SITE IS PROVIDED TO YOU ON AN "AS IS" "AS AVAILABLE" BASIS WITHOUT WARRANTY OF ANY KIND EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AND NON-INFRINGEMENT. THERAVANCE BIOPHARMA MAKES NO WARRANTY AS TO THE ACCURACY, COMPLETENESS, CURRENCY, OR RELIABILITY OF ANY CONTENT AVAILABLE THROUGH THIS WEB SITE. YOU ARE RESPONSIBLE FOR VERIFYING ANY INFORMATION BEFORE RELYING ON IT. USE OF THE WEB SITE AND THE CONTENT AVAILABLE ON THE WEB SITE IS AT YOUR SOLE RISK. THERAVANCE BIOPHARMA MAKES NO REPRESENTATIONS OR WARRANTIES THAT USE OF THE WEB SITE WILL BE UNINTERRUPTED OR ERROR-FREE. YOU ARE RESPONSIBLE FOR TAKING ALL NECESSARY PRECAUTIONS TO ENSURE THAT ANY CONTENT YOU MAY OBTAIN FROM THE WEB SITE IS FREE OF VIRUSES. The above exclusions may not apply in jurisdictions that do not allow the exclusion of certain implied warranties.

Limitation of Liability
YOUR USE OF THE WEB SITE OR ANY CONTENT ON THE WEB SITE IS AT YOUR OWN RISK. THERAVANCE BIOPHARMA SPECIFICALLY DISCLAIMS ANY LIABILITY, WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, OR SPECIAL DAMAGES ARISING OUT OF OR IN ANY WAY CONNECTED WITH ACCESS TO OR USE OF THE WEB SITE, EVEN IF THERAVANCE BIOPHARMA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, INCLUDING BUT NOT LIMITED TO RELIANCE BY ANY PARTY ON ANY CONTENT OBTAINED THROUGH THE USE OF THE WEB SITE, OR THAT ARISES IN CONNECTION WITH MISTAKES OR OMISSIONS IN, OR DELAYS IN TRANSMISSION OF, INFORMATION TO OR FROM THE USER, INTERRUPTIONS IN TELECOMMUNICATIONS CONNECTIONS TO THE WEB SITE OR VIRUSES, WHETHER CAUSED IN WHOLE OR IN PART BY NEGLIGENCE, ACTS OF GOD, TELECOMMUNICATIONS FAILURE, THEFT OR DESTRUCTION OF, OR UNAUTHORIZED ACCESS TO THE WEB SITE, OR RELATED INFORMATION OR PROGRAMS.

Trademarks
Unauthorized use of any Theravance Biopharma trademark, service mark or logo may be a violation of federal and state trademark laws.

Copyright
This Web site is protected by U.S. and foreign copyright laws. Except for your informational, personal, non-commercial use as authorized above, you may not modify, reproduce or distribute the design or layout of the Web site, or individual sections of the design or layout of the Web site or Theravance Biopharma logos without our written permission.

Links
This Theravance Biopharma Web site may contain links to Web sites operated by other parties. The linked sites may not be under the control of Theravance Biopharma, and Theravance Biopharma is not responsible for the content available on any other Internet sites linked to the Web site. Such links do not imply Theravance Biopharma's endorsement of material on any other site and Theravance Biopharma disclaims all liability with regard to your access to such linked Web sites. Theravance Biopharma provides links to other Internet sites as a convenience to users, and access to any other Internet sites linked to this Web site is at your own risk. Unless otherwise set forth in a written agreement between you and Theravance Biopharma, you must adhere to Theravance Biopharma's linking policy as follows: (i) any link to the Web site must be a text only link clearly marked "Theravance Biopharma Web site," (ii) the appearance, position and other aspects of the link may not be such as to damage or dilute the goodwill associated with Theravance Biopharma's names and trademarks, (iii) the link must "point" to the specific URL listed below:

www.theravance.com

and not to other pages within the Web site, (iv) the appearance, position and other attributes of the link may not create the false appearance that your organization or entity is sponsored by, affiliated with, or associated with Theravance Biopharma, (v) when selected by a user, the link must display the Web site on full-screen and not within a "frame" on the linking Web site, and (vi) Theravance Biopharma reserves the right to revoke its consent to the link at any time and in its sole discretion.

Location & Governing Law
This Web site is operated by Theravance Biopharma from its offices in California, USA. The law of the State of California shall govern these terms and conditions, without reference to its choice of law rules. Theravance Biopharma makes no representation that the information in the Web site is appropriate or available for use in other locations, and access to the Theravance Biopharma Web site from territories where the content of the Theravance Biopharma Web site may be illegal is prohibited. Those who choose to access the Theravance Biopharma Web site from other locations do so on their own initiative and are responsible for compliance with applicable local laws.

Violations and Additional Policies
Theravance Biopharma reserves the right to seek all remedies available at law and in equity for violations of the rules and regulations set forth in this Web site, including the right to block access from a particular Internet address to the Web site.

Questions
If you have any questions about these terms of use, please contact Investor Relations.

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