Q4 Presentation

February 28, 2023

Forward-looking statement

This announcement and any materials distributed in connection with this presentation may contain certain forward- looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect the company's current expectations and assumptions as to future events and circumstances that may not prove accurate.

A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

Nykode Therapeutics | Q4 webcast | Non-confidential

Today's presenters from Nykode management

International management team with solid drug development experience

MICHAEL ENGSIG

AGNETE FREDRIKSEN

HARALD GURVIN

Chief Executive

Chief Business Officer &

Chief Financial

Officer

Co-founder

Officer

Nykode Therapeutics | Q4 webcast | Non-confidential

Global leader in APC-targeted immunotherapy technology

NYKODE THERAPEUTICS (NYKD-OL, MKT CAP ~$800M)

Proprietary immunotherapies targeting antigens to Antigen-Presenting Cell (APC) and generating strong CD8 killer T cell responses correlated with clinical responses in solid tumors

Modular, versatile platform

  • Easily incorporate new antigens and adapt to new diseases across oncology, infectious diseases and autoimmunity

Rapidly advancing wholly owned lead asset, VB10.16, immunotherapy for HPV16+ cancers

  • Reporting final data from C-02 with focus on durability in 1H 2023
  • Potentially registrational study in advanced cervical cancer to initiate 2023
  • Dose escalation study with KEYTRUDA®1 in head and neck cancer to initiate 1H2023

Strategic partnerships to advance clinical programs and commercialize assets worldwide2

Well-capitalized with a cash position of $206m at December 31, 2022

  1. Note: KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA
  2. Note: Genentech has an exclusive license to VB10.NEO. Collaboration and license to 5 programs with Regeneron. Collaboration and license with Adaptive Biotechnologies on SARS-CoV-2 T cell vaccine. Roche supplies atezolizumab; . Merck (MSD) supplies pembrolizumab

Nykode Therapeutics | Q4 webcast | Non-confidential

4Q highlights

Clinical programs

  • Announced positive immunogenicity results from a Phase 1/2a trial of VB10.NEO in multiple indications
  • Presented additional efficacy analysis from a Phase 2 trial of VB10.16 in advanced cervical cancer
  • Announced clinical collaboration and drug supply of KEYTRUDA® with MSD for the VB C-03 trial
  • Entered into strategic manufacturing partnership with Richter-Helm BioLogics
  • Announced expanded clinical development plan for VB10.16 in HPV16-positive cancers, including a potentially registrational trial in advanced cervical cancer (VB C-04).

Post Q4:

  • Announced collaboration with gynecologic study group GOG Foundation to conduct the VB C-04 trial in advanced cervical cancer.

Nykode Therapeutics | Q4 webcast | Non-confidential

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Nykode Therapeutics AS published this content on 28 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 15:25:36 UTC.