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Investor Presentaiton

IBI-362 (GLP-1/GCGR): A Weekly GLP-1/GCGR Dual Agonist IBI-362 Differentiated Advantages · • Weekly injectable OXM analog via optimized ratio of activation of GLP-1 and Glucagon receptor vs. binding GLP-1 only • Dual activation of GLP-1/GCGR may bring multiple metabolic and CV benefit include: . 1) blood glucose reduction and weight loss 2) blood pressure and Lipid spectrum improvement; 3) improvement on Liver fat accumulation, inflammation and fibrosis 4) potential CV risk reduction Pre-clinical Highlights Blood Glucose (mg/dL) 300 100 Glucose after a single treatment Rx Dark Dark Dark 0 12 24 48 60 72 84 96 Time Post Injection (hr) STZ-Vehicle, N=7 LSN3305677-30nmol/kg LSN3326311-30nmol/kg Semaglutide-30nmol/kg Non-STZ-Vehicle, N=7 LSN3305677: Co-agonist LSN3326311: Q3E mutant of LSN3305677, a GLP-1 agonist LSN3119036: Semaglutide, a FA acylated GLP-1 agonist Cumulative Weight Change (%) -20 -30 -40 RX RX Clinical Highlights Promising data of IBI-362 in both weight loss and glucose control The preliminary results of IBI-362 in of IBI-362 in patients with obesity/overweight and patients in Type 2 Diabetes were very impressive, demonstrated good tolerability/safety profile and very promising efficacy on HbA1c reduction and weight loss after 12-week treatment IBI-362 Development Program Overview --11% -12% Clinical -18% -20% -32% VRX VRX VRX √/RX -50 0 3 6 9 12 15 18 Treatments Day Vehicle, N=7 3305677, 15 nmol (68 ug)/kg 3305677, 30 nmol (137 ug)/kg 3326311, 30 nmol (137 ug)/kg Semaglutide, 60 nmol (247 ug)/kg GLP-PEG40K, 22.5 nmol (995 ug)/kg LSN3305677: Co-agonist LSN3326311: Q3E mutant of LSN3305677, a GLP-1 agonist progress 2021 plan Completed patient enrolment of Phase 1b trial in China in overweight or obese subjects in 2020 Completed patient enrolment of Phase 1b trial in China in diabetic patients in Jan 2021 In Jun 2021, plan to present Phase 1b study data in obesity at the annual meeting of American Diabetes Association Around the end of 2021, plan to present Phase 1b study in diabetic patients at academic meetings In 2021, plan to start Phase 2 trial in obesity subjects In 2021, plan to start Phase 2 trial in diabetic patients First-in-class OXM3 in China in face of 130m diabetics patients with the potential to bring additional benefit over glucose control incl. weight losses and other metabolic improvements. Increasing obesity groups with no prescription drugs in China. IBI-362 has demonstrated strong weight deduction effect in the Phase 1b trial. Innovent Confidential Copyright©2021 Innovent Biologics 29 29
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