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Investor Presentaiton

HLX43 (PD-L1 ADC) Presented Excellent Preclinical Efficacy Data in ESMO and Entered into Clinical Phase I ESMO 2023 FPN: 693P HLX43 shows no immunotoxicity towards PD-L1 positive human APCs A Macrophage 120- 100- % untreated II. Title Preclinical activity of HLX43, a PD-L1-targeting ADC, in multiple PD-1/PD-L1 refractory/resistant models Results HLX43 shows no immunotoxicity towards PD-L1 positive human APCs In in vivo efficacy studies, HLX43 induced tumor regression in in multiple PD-L1- positive CDX & PDX models, and was well tolerated, with no major changes in body weight of administered mice compared to control animals, across all dosing groups As in the MDA-MB-231 model, weekly administration of HLX43 at 8 mg/kg for three weeks induced significant tumor regression, while no body weight loss was observed In all tested models (weak PD-L1 expression and high heterogeneity, as well as PD-1/PD-L1 nonresponsive models), HLX43 always showed superior anticancer efficacy over the anti- PD-L1 Ab-GGFG-Dxd at equivalent doses. Preliminary toxicity assessments in rats and cynomolgus monkeys also demonstrated that HLX43 was safe B % untreated Regulatory and Clinical Trial Progress IND of HLX43 for the treatment of advance/metastatic solid tumors has been successively approved by China NMPA and the US FDA during Oct. to Nov., 2023 On Nov. 24, 2023, the phase I clinical trial of HLX43 for the treatment of advance/metastatic solid tumors has completed the first patient dosing in China • The phase I dose escalation study is in process; the indications to be developed include but not limited to lung cancer, esophagus cancer, liver cancer, etc. 30 30 80- 60- - HLX43 40- IgG-Linker-Payload - HLX20 20- → Payload 0- 104 102 10° 102 104 Conc. (nM) Dendritic Cell 120- 100- 80- 60- * HLX43 40- → IgG-Linker-Payload HLX20 20- → Payload 104 10-2 10° Conc. (nM) 102 104 Tumor Volume (mm³) Tumor Volume (mm³) 0 Tumor Volume (mm³) A HLX34 exhibits excellent anti-tumor efficacy in vivo MDA-MB-231 CDX Model 2500- 2000- 1500- 1000- 500- 0 10 20 30 40 Days Post Treatment (d) B BxPC-3 CDX model 000- 1500- 1000- 500- 10 20 30 40 Days Post Treatment (d) Melanoma PDX model 2000- 1500- 1000- 500- 0+ 0 10 20 30 Days Post Treatment (d) Vehicle control Payload, 0.24mpk, QW*3 HLX20, 8mpk, QW*3 HLX20-VC-MMAE, 3mpk, QW*3 HLX20-GGFG-Dxd, 3mpk, QW*3 HLX20-GGFG-Dxd, 8mpk, QW*3 HLX43, 3mpk, QW*3 HLX43, 8mpk, QW*3 HLX20, 8mpk, QW*4 HLX20-GGFG-Dxd, 3mpk, QW*4 HLX20-VC-MMAE, 3mpk, QW*4 Payload, 0.24mpk, QW*4 HLX20-GGFG-Dxd, 8mpk, QW*4 -Vehicle control HLX43, 3mpk, QW*4 HLX43, 8mpk, QW*4 -Vehicle control HLX20, 10mpk, QW*4 HLX43, 1.5mpk, QW*4 HLX20-GGFG-Dxd, 3mpk, QW*4 HLX43, 3mpk, QW*4 Payload, 0.24mpk, QW*4 - HLX20-GGFG-Dxd, 10mpk, QW*4 HLX43, 10mpk, QW*4 2 Henlius
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