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Corporate Presentation

Our R&D pipeline addresses unmet medical needs across several therapeutic areas Inflam- T1DM mation Rare diseases Obesity Product candidatea Partnered ZEAL& ZEALAND PHARMA Pre-clinical Phase 1 Phase 2 Phase 3 Registration Dapiglutide (GLP-1R/GLP-2R dual agonist) Petrelintide (amylin analog) ZP6590 (GIP receptor agonist) Survodutide (GCGR/GLP-1R dual agonist) b Dasiglucagon: SC continuous infusion Glepaglutide (GLP-2 analog) ZP9830 (Kv1.3 ion channel blocker) ZP10068 (complement C3 inhibitor)c Obesity Obesity Obesity Boehringer Ingelheim Obesity and MASH ALEXION Congenital hyperinsulinism Short bowel syndrome Undisclosed Undisclosed AstraZeneca Rare Disease Dasiglucagon: bi-hormonal artificial pancreas systems Dasiglucagon: mini-dose pen T1DM management T1DM exercise-induced hypoglycemia aInvestigational compounds whose safety and efficacy have not been evaluated or approved by the U.S. Food and Drug Administration (FDA) or any other regulatory authority. bSurvodutide is licensed to Boehringer Ingelheim from Zealand Pharma, with Boehringer solely responsible for development and commercialization globally (subject to Zealand's co-promotion rights in the Nordic countries): EUR 315 million outstanding potential development, regulatory and commercial milestones + high single to low double digit % royalties on global sales; Licensed to Alexion: USD $610 million potential development, regulatory and commercial milestones and high single to low double digits percentage royalties on net sales. GCGR-glucagon receptor; GIP=gastric inhibitory polypeptide; GLP-1R-glucagon-like peptide-1 receptor; GLP-2-glucagon-like peptide-2; GLP-2R-glucagon-like peptide-2 receptor; MASH-metabolic dysfunction-associated steatohepatitis (formerly NASH, or nonalcoholic steatohepatitis); SC=subcutaneous; T1DM-type 1 diabetes mellitus. 60
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