Investor Presentaiton

Top-tier talent Differentiated process Scalable platform Leveraging the best internal and external expertise available Internal team (1) External support PTC THERAPEUTICS (# of employees) 4 Evrysdi risdiplam Cytokinetics 9 aficamten (# of experts) 86 19 49 morphosys ~18x 7 87 Tremfya average multiplier bio cryst 4 77 orladeyo BCX9930 Paused project 4 (did not transact) 129 Amplifying our team with the best external advice available to drive high conviction investments ROYALTY PHARMA 1. Internal team represents Senior Vice Presidents (SVPs) and below in Research & Investments, Legal, Strategy & Analytics and other departments. 56

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