Q2 2023

Results Presentation

August 23, 2023

Forward-looking statement

This announcement and any materials distributed in connection with this presentation may contain certain forward- looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect the company's current expectations and assumptions as to future events and circumstances that may not prove accurate.

A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

Nykode Therapeutics | Q2 webcast | Non-confidential

Today's presenters from Nykode management

International management team with solid drug development experience

MICHAEL ENGSIG

AGNETE FREDRIKSEN

HARALD GURVIN

Chief Executive

Chief Business Officer &

Chief Financial

Officer

Co-founder

Officer

Nykode Therapeutics | Q2 webcast | Non-confidential

Q2 2023 highlights

  • Positive final results from Phase 2 trial of VB10.16 in advanced cervical cancer
  • Expansion of the clinical collaboration with Roche combining VB10.16 with atezolizumab in the potentially registrational trial, C-04, in advanced cervical cancer
  • Well-capitalizedwith a cash position of $174m at June 30, 2023

Post period update:

  • Approval from competent authorities in all eight European countries for the VB-C-03 trial with VB10.16 in combination with KEYTRUDA®1 (pembrolizumab) in PD-L1 positive 1st line head and neck cancer
  • Safety clearance of the 9 mg dose of VB10.NEO in the VB-N-02 trial, with no safety concerns and no dose-limiting toxicities observed
  • Henrik Søndergaard hired to lead the dedicated Autoimmune research group

Nykode Therapeutics | Q2 webcast | Non-confidential

1: KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA

Rich and diversified pipeline

Upcoming

Asset

Indication

Rights

Preclinical

Phase 1

Phase 2

Phase 3

Catalyst

Oncology

HPV16+ cervical cancer

1

VB10.16

Off-the-shelf

HPV16+ head and neck cancer

2

Regeneron

Undisclosed

3

programs

Undisclosed

Internal

Melanoma, lung, bladder, renal,

4

head and neck cancer; locally

Individua-

advanced and metastatic

lized

VB10.NEO

tumors

Locally advanced and

4

metastatic tumors

Infectious Disease

3

Regeneron programs

Undisclosed

Internal

Undisclosed

Autoimmune

Initiate trial (Q4 2023)

FPFD

(Q3 2023)

Update (Q4 2023)

Internal

Undisclosed

Update (Q3 2023)

1. Wholly-owned by Nykode. Potentially registrational. Roche supplies atezolizumab; 2. Wholly-owned by Nykode. Merck (MSD) supplies pembrolizumab; 3. Collaboration with Regeneron; 4. Genentech has an exclusive license to VB10.NEO.

Nykode Therapeutics | Q2 webcast | Non-confidential

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Disclaimer

Nykode Therapeutics AS published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2023 18:48:07 UTC.