Valneva IPO Presentation Deck slide image

Valneva IPO Presentation Deck

Company in Strong Position to Scale its Business Valneva Has a Strong Cash Position UK Government COVID-19 collaboration including instalments to mitigate capex and working capital related to clinical trials and inventory build-up Finished up 2020 with €204 million in cash Access to largest life science capital market / cash-equivalents ■ Provides capital to accelerate R&D programs Supplements capital received from UK COVID-19 deal Commercial business supported by US Military contract revenues V ¹Market Data 20-04-2021 US IPO Is Part of Capital Formation Strategy Valneva - Roadshow Presentation - Opportunity to build R&D pipeline as current programs advance Valneva (VLA): Approximately 93m Shares in Issue, and a Market Cap of Approximately €1,200m¹ Enables potential opportunistic plays to acquire other vaccine assets April 2021 37
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