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Investor Presentaiton

Oncology Opdivo Opdualag TIGIT Bispecific DGK Inhibitor AR LDD Adjuvant Melanoma: High conviction indication with potential to benefit patients before disease spreads Clear evidence of neo-adjuvant activity with relatlimab and nivolumab complements proven benefit in metastatic setting PCR, n/N (%) Nivo + Rela² Nivo 1 3/12 (25) Nivo+Rela² 17/30 (57) Probability of Recurrence-Free Survival 0.0 0.2 0.4 0.6 0.8 1.0 PCR non PCR T T -5 p = 0.10 T T T 10 15 20 25 30 35 ФГ Months After Surgery PCR 17 17 15 13 10 5 1 0 non PCR 12 11 11 8 7 3 0 0 Combination relatlimab and nivolumab yields a high pCR rate and durable clinical benefit in resectable melanoma patients Favorable safety profile Opdualag: Potential therapy option for ~21K adjuvant patients vs ~13K 1L metastatic patients in the U.S.³ RELATIVITY-098 Phase 3 ongoing: Data expected in 2026 1. Amaria, et al. Nat Med 2018; 24: 1649-54; 2. Amaria, et al. Nat Med 2022; 611: 155-60; 3. Decision Resources Group, BMS Internal Analysis Ill Bristol Myers Squibb™ Not for Product Promotional Use 99
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