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Investor Presentaiton

TIGIT Cluster: IBI-939 (TIGIT mAb) and IBI-321 (PD-1/TIGIT Bispecific Antibody) IBI-939 Preclinical Highlights IBI-321 Preclinical Highlights • IBI-939 is fully human antibody with high TIGIT binding affinity and strong ligand blocking activity • Combining PD-1 and TIGIT inhibition to release PD-1/PD-L1 as well as TIGIT/PVR inhibition of intratumoral T/NK cells, to enhance T/NK-cell mediated anti-tumor efficacy • IBI-939 exhibited strong anti-tumor activities as monotherapy or in combination with anti-PD-1 antibody in different tumor models IBI-939 Development Program Overview • Bridge PD-1 and TIGIT on the same cell (T cells, NK cells) to maximal activation of CD226/PVR and relieve tumor immunosuppression IBI-321 Development Program Overview • Started Phase 1a study for IBI-939 in 2020 Clinical Clinical • progress Started Phase 1b for IBI-939 in combination with sintilimab for advanced lung cancer in early 2021 progress • Plan to complete the Phase 1b study in 2021 . 2021 plan Plan to publish the preliminary Phase 1 study result of IBI-939 in 2021 2021 plan Global development plan ongoing IND application for IBI-321 accepted by NMPA in early 2021 Plan to receive IND approval for IBI-321 in 2021 Plan to start Phase 1 clinical study for IBI-321 in 2021 Leading and highly differentiated position in TIGIT area: IBI-939 as domestic leading TIGIT mAb under development, and IBI-321 (PD-1/TIGIT) heading into clinical stage with novel biological mechanism and potential strong synergy. Innovent Confidential Copyright©2021 Innovent Biologics 27
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