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STRICTLY PRIVATE & CONFIDENTIAL CORPORATE OVERVIEW July 2020

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Page 1: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

STRICTLY PRIVATE & CONFIDENTIAL

CORPORATE OVERVIEWJuly 2020

Page 2: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

DISCLAIMERThis presentation has been prepared by the Company. “Presentation” means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed during the meeting. By receiving this presentation and/or attending themeeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations. This presentation is being made only to, and is directed only at, (i) persons having professional experience in matters relating to investments who fallwithin the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended from time to time) (the “Order”); (ii) high net worth bodies corporate, unincorporated associations, partnerships andtrustees of high value trusts as described in Article 49(2)(a)-(d) of the Order; (iii) “overseas recipients” as defined in Article 12 of the Order; (iv) persons in member states of the European Economic Area (the “EEA”) who are qualified investors within the meaning of Article 86(7) ofthe Prospectus Regulation (EU 2017/1129), including any relevant implementing measure in each member state of the EEA which has implemented this Prospectus Regulation; (v) qualified institutional buyers in the United States as defined in Rule 144A of the United StatesSecurities Act of 1933; or (vi) persons to whom it would otherwise be lawful to distribute it (all such persons being “Relevant Persons”). Persons who receive this communication (other than Relevant Persons) should not rely on or act upon the contents of this presentation andshould return this document immediately. This presentation is being directed only at Relevant Persons and any investment or investment activity to which this presentation relates will be engaged in only with Relevant Persons. This presentation does not constitute or form part ofany offer to sell or issue, or invitation to purchase or subscribe for, or any solicitation of any offer to purchase or subscribe for, any securities of the Company or any of its subsidiaries (together the “Group”) or in any other entity, nor shall this presentation or any part of it, or the factof its presentation, form the basis of, or be relied on in connection with, any contract or investment activity (including within the meaning specified in section 21 of the Order), nor does it constitute a recommendation regarding the securities of the Group. Securities of theabovementioned persons or any of their respective affiliates have not been registered under United States securities laws and may not be offered or sold in the United States absent registration under such laws or unless exempt from registration under such laws. Past performance,including the price at which the Company’s securities have been bought or sold in the past and the past yield on the Company’s securities, cannot be relied on as a guide to future performance. Nothing herein should be construed as financial, legal, tax, accounting, actuarial orother specialist advice and persons needing advice should consult an independent financial adviser or independent legal counsel. Neither this presentation nor any information contained in this presentation should be transmitted into, distributed in or otherwise made available inwhole or in part by the recipients of the presentation to any other person in the United States, Canada, Australia, Japan or any other jurisdiction which prohibits or restricts the same except in compliance with or as permitted by law or regulation. Recipients of this presentation arerequired to inform themselves of and comply with all restrictions or prohibitions in such jurisdictions. Accordingly, by requesting to receive and reviewing this document you represent that you are able to receive this document without contravention of any legal or regulatoryrestrictions applicable to you. No responsibility is accepted by and, to the fullest extent permitted by law, the Company, the Group, their affiliates and advisers and their respective directors, officers, partners, representatives, employees and agents expressly disclaim any and allliability, whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, as to the accuracy, fairness, reliability or completeness of the information contained herein or discussed verbally or as to the reasonableness of any assumptions on which any of thesame is based or the use of any of the same or for any errors, omissions or misstatements in or from this presentation. No representations or warranties, express or implied, are given by the Company, the Group, their affiliates and advisers and their respective directors, officers,partners, representatives, employees and agents as to the accuracy, reliability or completeness of this presentation or any other written or oral information which has been or may be made available. Accordingly, no such person will be liable for any direct, indirect or consequentialloss or damage suffered by any person resulting from the use of the information contained herein, or for any opinions expressed by any such person, or any errors, omissions or misstatements made by any of them. No duty of care is owed or will be deemed to be owed to anyperson in relation to the presentation. No reliance whatsoever may be placed on the presentation for any purpose. The Company’s shares are currently admitted to trading on public exchanges and, therefore, certain of the information in this presentation could constitute insideinformation and/or price sensitive information. By accepting this presentation, you agree to use and maintain any such information in accordance with your contractual obligations and applicable laws, including all applicable securities laws. The information contained in thispresentation has not been independently verified. The information in this presentation includes forward-looking statements, made in good faith, which are based on the Group’s or, as appropriate, the Group’s directors' current expectations and projections about future events. Theseforward-looking statements may be identified by the use of forward-looking terminology including, but not limited to, the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations orcomparable terminology, or by discussion of the Group’s strategy, plans, operations, financial performance and condition, objectives, goals, future events or intentions. These forward-looking statements, as well as those included in any other material discussed at the meeting, aresubject to risks, uncertainties and assumptions about the Group and investments many of which are outside of the Group’s control, including, among other things, the development of its business, the trends in its operating industry, changing economic, financial, or other marketconditions and future capital expenditures. In light of these risks, uncertainties and assumptions, the events or circumstances referred to in the forward-looking statements may differ materially from those indicated in these statements. Forward-looking statements may, and often do,materially differ from actual results. Thus, these forward-looking statements should be treated with caution and the recipients of the presentation should not place undue reliance on any forward-looking statements. None of the future projections, expectations, estimates or prospectsor any other statements contained in this presentation should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have beenprepared are correct or exhaustive or, in the case of the assumptions, fully stated in the presentation. Nothing contained in this presentation shall be deemed to be a forecast, projection or estimate of the Company’s future financial performance. The Company’s past performancecannot be relied on as a guide to future performance. Any forward looking-statements are made as of the date hereof.The information and opinions contained in this presentation and any other material discussed verbally are provided as at the date of this presentation and aresubject to verification, completion and change without notice. The delivery of this presentation shall not give rise to any implication that there have been no changes to the information and opinions contained in this presentation since the time specified. Subject to obligations underthe AIM Rules for Companies published by the London Stock Exchange plc and the Market Abuse Regulation (Regulation 596/2014) (each as amended from time to time), none of the Company, the Group, their affiliates and advisers and their respective directors, officers, partners,representatives, employees and agents, undertakes to publicly update or revise any such information or opinions, including without limitation, any forward-looking statement or any other statements contained in this presentation, whether as a result of new information, future eventsor otherwise. In giving this presentation none of the Company, the Group, their affiliates and advisers and their respective directors, officers, partners, representatives, employees and agents, undertakes any obligation to provide the recipient with access to any additionalinformation or to update any additional information or to correct any inaccuracies in any such information which may become apparent. Certain industry and market data contained in this presentation has been obtained from third party sources. Third party industry publications,studies and surveys generally state that the data contained therein have been obtained from sources believed to be reliable, but that there is no guarantee of the accuracy or completeness of such data. While the Company believes that each of these publications, studies or surveyshas been prepared by a reputable source, the Company has not independently verified the data contained therein. In addition, certain of the industry, scientific and market data contained in this presentation comes from the Company’s own internal case studies, research andestimates based on the knowledge and experience of the Company’s management in the market in which it operates. While the Company believes that such research, estimates and results from its case studies are reasonable and reliable, they, and their underlying methodologyand assumptions, have not been verified by any independent source for accuracy or completeness unless otherwise stated and are subject to change without notice. This presentation may include certain combined or pro forma financial information for the Company. Such combinedor pro forma financial information is preliminary in nature, remains subject to change and is provided solely for illustrative purposes. No reliance should be placed on the combined or pro forma financial information contained in this presentation. By requesting to receive andreviewing this document, you agree to be bound by the foregoing limitations and conditions and, in particular, will be deemed to have represented, warranted and undertaken that you have read and agree to comply with the contents of this disclaimer including, without limitation.The Amryt logo, MYALEPT®, MYALEPTA®, JUXTAPID®, LOJUXTA®, FILSUVEZ® and other trademarks or service marks of Amryt appearing in this presentation are the property of Amryt. This presentation includes trademarks, tradenames and service marks, certain of whichbelong to us and others that are the property of other organizations. Solely for convenience, trademarks, tradenames and service marks referred to in this presentation appear without the ®, TM and SM symbols, but the absence of those symbols is not intended to indicate, in anyway, that we will not assert our rights or that the applicable owner will not assert its rights to these trademarks, tradenames and service marks to the fullest extent under applicable law. We do not intend our use or display of other parties’ trademarks, trade names or service marks toimply, and such use or display should not be construed to imply, a relationship with, or endorsement or sponsorship of us by, these other parties.

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Page 3: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

AMRYT: CORPORATE OVERVIEW

3

Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products in rare and orphan diseases.

EBITDA profitable and growing commercial business with 2 commercial products and a significant development pipeline

Founded in 2015

Global HQ in Dublin, Ireland; U.S. HQ in Boston MA

170 employees worldwide

Corporate Profile Financials

Nasdaq : AMYT LSE/AIM : AMYT Euronext : AYP

Market Capitalisation: $378M1

EV $517M2

Revenues of $154.1M in 20193; $44.6m in Q1 2020

EBITDA $4.6M in Q1 2020

Generated $6.2M operating cashflows in Q1; $67.0M cash at 31 March 2020

1. As at 13 July 2020, includes 13.2 million zero cost warrants2. EV based on net debt as of 31 March 20203. Unaudited pro forma combined revenues post Aegerion acquisition

Page 4: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

Two global rare disease products, metreleptin & lomitapide, with IP into the late 2020s

Multiple expansion opportunities for approved products in additional indications and geographies

Late-stage clinical program in severe Epidermolysis Bullosa ("EB") (FILSUVEZ®, previously known as AP101), with data readout in 2H20

Novel polymer-based topical gene therapy delivery platform, which has potential use for the treatment of rare genetic diseases, including EB

Existing, scalable global commercial and medical infrastructure, which we will leverage for any future products, including FILSUVEZ®, if approved

Experienced management team comprised of industry leaders in rare diseases, with a proven track record of building a diversified rare disease product portfolio

Financial flexibility to develop and launch pipeline programs and acquire additional assets

INVESTMENT HIGHLIGHTS

4

REVENUE, PIPELINE & MARKET GROWTH WITH DEVELOPMENT UPSIDE

Page 5: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

Quarterly Revenues (US$M) Q1 2019* Q1 2020 Growth

Metreleptin 18.0 26.9 49.4%

Lomitapide 16.2 17.4 7.4%

Other 0.1 0.3

Total 34.3 44.6 30.0%

STRONG REVENUE PERFORMANCE

5

COMMERCIAL PRODUCTS PERFORMING AND GROWING

Annual Revenues (US$M) 2018* 2019* Growth

Metreleptin 71.4 85.4 19.6%

Lomitapide 64.0 68.0 6.3%

Other 0.9 0.7

Total 136.3 154.1 13.1%

* Reflects pro forma revenues for the combined group

Page 6: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

DR JOE WILEYCEO

DAVID ALLMONDCCO

RORY NEALONCOO/CFO

DR HELEN PHILLIPSHead Of Medical Affairs

DR MARK SUMERAYCMO

ELIZABETH JOBESChief Compliance Officer

DERVAL O’ CARROLLHead Of Regulatory Affairs

KIERAN ROONEYVP Strategic Alliances & Licensing

EXPERIENCED MANAGEMENT TEAM

6

COMPRISED OF INDUSTRY LEADERS IN RARE DISEASES

Page 7: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

GLOBAL INFRASTRUCTURE

7

INFRASTRUCTURE IN PLACE TO DRIVE GLOBAL GROWTH

7

Pending markets

Out-licensed

Current markets

Page 8: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

MOMENTUM BUILDING

8

ACCELERATED & DISCIPLINED GROWTH

• Largest global EB Phase 3 study (EASE) initiated

2017

2018

2019

• LOJUXTA® -territorial growth & expansion

• FILSUVEZ® -Pediatric Rare Disease Designation awarded by the Food and Drug Administration (“FDA”)

• AP103 Gene therapy platform in-licensed

• Positive EASE interim efficacy analysis

• Aegerion acquisition closed 3Q providing two global commercial assets

• FILSUVEZ® - Fast Track designation granted by FDA

2015/6• Amryt formed

• FILSUVEZ® acquired

• IPO on AIM

• LOJUXTA® in-licensed

2020• Aegerion

integration completed successfully

• Last patient enrolled in FILSUVEZ® EASE study, data readout 2H 2020

Page 9: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

RICH DEVELOPMENT PIPELINE WITH NEAR-TERM VALUE INFLECTION POINTS

9

GROWING DEVELOPMENT PIPELINE WITH SIGNIFICANT POTENTIAL

Definitions: Dystrophic EB (“DEB”); Junctional EB (‘‘JEB’’); Recessive Dystrophic EB (‘‘RDEB’’) (1) We are conducting a Phase 3 study of homozygous familial hypercholesterolemia ("HoFH") in children and adolescents in Europe, the Middle East and Africa ("EMEA") as part of our European Medicines Agency (‘‘EMA’’) post-approval commitments.(2) The familial chylomicronemia syndrome ("FCS") Phase 2 trial is an open-label investigator-led study.(3) The dotted line segment indicates we have not yet commenced any clinical trials in the United States for metreleptin for the treatment of PL.(4) The dotted line segment indicates we have not yet commenced any clinical trials for radiation-induced dermatitis. This planned radiation-induced dermatitis Phase 2 trial is an investigator-led study.

Page 10: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

METRELEPTIN: A SIGNIFICANT GLOBAL OPPORTUNITY FOR GROWTH

10

WHAT IS LIPODYSTROPHY? Lipodystrophy is a chronic condition associated with low leptin levels as a result of the loss of adipose tissue. Leptin is an important hormone for energy homeostasis and metabolic function. Low leptin can result in metabolic chaos typically resulting in fatty liver, insatiable hunger, chronic fatigue, diabetes often with severe insulin resistance, and severe hypertriglyceridemia leading to a risk of pancreatitis. This may lead to life-altering organ damage with reduced life expectancy in severe forms.

• Approved in the US (Feb 2014) to treat Generalized Lipodystrophy (“GL”)

• Approved in Europe (July 2018) to treat both GL and Partial Lipodystrophy (“PL”)*

• As an adjunct to diet, treats the complications of leptin deficiency in patients

• Patent protection in US to mid 2027 and orphan exclusivity in Europe through 2028

*Myalepta is indicated for treatment of patients with confirmed familial partial LD or acquired partial LD in adults and children 12 years of age and above for whom standard treatments have failed to achieve adequate metabolic control.

Page 11: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

METRELEPTIN GROWTH DRIVEN LARGELY BY LAUNCH IN EMEA

11

GLOBAL METRELEPTIN GROWTH OF 19% IN 2019, DELIVERING $85M

• US contributed 56% of global metreleptin revenues in Q1 2020; EMEA contributed 31%

• Recent launch in EMEA (July 2018) driving global revenue growth

– Significant value inflection points through ongoing national reimbursement discussions

• Significant periodic LATAM orders

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Q1 19 Q2 19 Q3 19 Q4 19 Q1 20

Quarterly Revenue

48 53

16 29

73 71

85

2018 2019

MU

SD

Annual Revenue

US EMEA Other Total

11%

83%

19%

Page 12: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

ESTIMATED LD MARKET OPPORTUNITY OF ~$530M (INCL US PL)

Key Assumptions• Includes key markets in which Amryt operates: US, EMEA, LATAM & Canada (“Other”) • Prevalence**

– 1.0 per million General Lipodystrophy– 3.0 per million Partial Lipodystrophy, discounted to 1.0 per million for severe cases

• ~70% blended diagnosis & eligibility rate***

12

* Brazil, Argentina, Colombia, Canada. ** Chiquette E et al. Diabetes Metab Syndr Obes 2017; 10: 375-383. *** Management estimate.

650 LD patients 1,300 LD patients

US $280M

EMEA $180M

OTHER*$70M

680 LD patients

Page 13: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

FranceGCC

PortugalSpain

NetherlandsSweden

NorwayGreece

IsraelBrazil

ArgentinaColombia

Saudi Arabia

Reimbursement achieved

National reimbursement processes ongoing

13

INCREASING PATIENT ACCESS TO METRELEPTIN TREATMENT

UK

France

Germany

Turkey

US

Japan

2014

2017

2013

2019

Cohort (paid) ATU - CEPS price negotiation

Named patient sales

Spain

Portugal

Netherlands

INFARMED economic dossier & price negotiation

MoH price negotiation

NICE HST for GL & PL submitted – CLD reimbursed

ZIN reimbursement application

Italy 2020

Denmark AMGROS contract finalisation

Norway Application to Bestillerforum

Page 14: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

LOMITAPIDE

14

OPPORTUNITY TO REPLICATE LOJUXTA® SUCCESS GLOBALLY

WHAT IS HOFH?HoFH is a potentially life threatening disorder that impairs the body’s ability to remove LDL “bad” cholesterol from the blood. Typically results in extremely high blood LDL cholesterol levels leading to aggressive and premature blocking of arterial blood vessels. HoFH patients are at a high risk of experiencing life-threatening cardiovascular events and have a substantially reduced life expectancy.

• Approved in both Europe (Jul 2013) and the US (Dec 2012) as an adjunct to a low-fat diet and lipid lowering therapies to treat adults with HoFH

• Reduces LDL-C in adult HoFH patients

• Patent protection in US to mid 2027 and 2028 in EU*

*SPC Granted in 5 major markets

Page 15: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

LOMITAPIDE

15

GLOBAL LOMITAPIDE GROWTH OF 6% IN 2019, DELIVERING $68M *

• US contributed 54% of global revenues in Q1 2020, EMEA contributed 30%

• EMEA 17% YoY growth driven by UK launch post reimbursement Q3 2018, FR launch post reimbursement Q4 2018, Saudi and Spain NPS patient growth

• Significant periodic LATAM orders

*Excluding Japan revenues; including Japan royalties

LOMITAPIDE

14 GLOBAL LOMITAPIDE GROWTH OF 6% IN 2019, DELIVERING $68M

35 39

17 19 12 10 64 68

2018 2019

MU

SD

Lomitapide Annual

US EMEA Other Total

9%

18%

-19%

*SPC Granted in 4 of 5 major markets; pending in UK. **Excluding Japan revenues; including Japan royalties

6%

• US contributed 54% of global lomitapide revenues in Q1 2020; EMEA contributed 30%

• EMEA 17% YoY growth driven by UK launch post reimbursement Q3 2018; FR launch post reimbursement Q4 2018; Saudi and Spain NPS patient growth

• Significant periodic LATAM orders

0.02.04.06.08.0

10.012.014.016.018.020.0

Q1 19 Q2 19 Q3 19 Q4 19 Q1 20

Quarterly RevenueQuarterly RevenueAnnual Revenue

Page 16: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

ESTIMATED HOFH MARKET SIZE OF ~$250M

Key Assumptions• Includes key markets in which Amryt operates: US, EMEA, LATAM & Canada (“Other”)• Includes Pediatriac HoFH market opportunity• Prevalence**

– 3 per million - EU, America, Australia; 6 per million – due to consanguinity e.g. Middle East, Turkey and founder effects e.g. Canada– 50% diagnosis rate based on phenotypic presentation of LDL-C levels – ~50% eligible population*** – after PCSK9 inhibitors address a portion of the unmet medical need

• Excludes FCS which, if included, is estimated would double the market opportunity

16

* Brazil, Argentina, Colombia, Canada. ** Sjouke B, et al. Eur Heart J 2014. *** Management estimate

1,000 HoFH patients 2,400 HoFH patients

US $110M

EMEA $100M

OTHER*$40M

1,000 HoFH patients

Page 17: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

LOMITAPIDE IN PEDIATRIC HOFH

17

• Population of children with HoFH at highest need with compelling rationale for early intervention

• PIP agreed with PDCO & trial initiated

• Plan H1 2022 license variation submission; approval H1 2023

• Will discuss with FDA once data is available

Page 18: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

LOMITAPIDE IN FCS

18

FSC IS A LOGICAL INDICATION EXTENSION FOR LOMITAPIDE

Familial Chylomicronemia Syndrome (FCS) is a severe, rare, potentially fatal disorder – extreme elevations of chylomicrons (carrying triglyceride) in the blood

Causes life threatening episodes of pancreatitis

Prevalence 1-2/million up to 6/million in some markets e.g. Middle East

Glybera withdrawn from the market, Volanesorsen given complete response letter by FDA although given conditional approval by EMA

MOA of lomitapide is ideally suited to treat FCSFasting TG ≥ 750mg/dl (8.4mmol/L) at screening

6 weeks diet run in

Page 19: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

STRICTLY PRIVATE & CONFIDENTIAL

EPIDERMOLYSIS BULLOSA (EB) FRANCHISE: FILSUVEZ® & AP103

Development Pipeline

Page 20: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

*Management Estimates**Schwieger-Briel A, Dermatology Research and Practice 2017, https://doi.org/10.1155/2017/5068969

Disease

EB is a rare and devastating group of hereditary disorders of the skin, mucous membranes, and internal epithelial linings characterized by extreme skin fragility and blister development. Patients with severe forms of EB suffer from severe, chronic blistering, ulceration and scarring of the skin, mutilating scarring of the hands and feet, joint contractures, strictures of the esophagus and mucous membranes, a high risk of developing aggressive squamous cell carcinomas, infections and risk of premature death.

CauseMost types of EB are inherited. A mutation in the genes encoding structural proteins in the skin causes loss of mechanical integrity, extreme fragility and vulnerability to trauma.

Market Size As many as 30,000 affected individuals in the United States and over 500,000 worldwide*

Current Standard of Care

There are no approved pharmaceutical treatments. Disease management is mostly supportive and involves wound care, pain control, controlling infections, nutritional support, and prevention and treatment of complications.

EPIDERMOLYSIS BULLOSA (EB)ADDRESSING A HIGH UNMET MEDICAL NEED

20

*2013 article in the Journal of Investigative Dermatology

Page 21: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

EB FILSUVEZ® - LEAD DEVELOPMENT ASSETSTRONG PROGRESS ACHIEVED IN ADVANCING FILSUVEZ®

**Schwieger-Briel A, Dermatology Research and Practice 2017, https://doi.org/10.1155/2017/5068969

• Topical product to accelerate wound healing

• Promotes the differentiation & migration of keratinocytes (skin cells)

• Largest ever global Phase 3 (EASE) study for EB currently underway - unblinded interim efficacy

analysis delivered Q1 2019

Res

ults

Wounddressing alone

FILSUVEZ® +Wound dressing

8

04

Amryt Proof of Concept Study in EB**

0 7 14Day

Representative photo series Primary efficacy endpoint

Which half epithelialized faster?p < 0.01

FILSUVEZ®+ wound dressing

UndecidedWound dressing alone

21

Page 22: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

FILSUVEZ® — EASE PHASE 3 STUDY IN EB LARGEST EVER GLOBAL PHASE 3 STUDY IN EB

*Excludes EB Simplex

Double blind, randomized, placebo controlled, Phase 3, Efficacy and Safety Study of FILSUVEZ® in Patients with junctional and dystrophic EB

ü Last patient enrolled, top-line data expected 2H 2020

Placebo + dressingRandomisation 1:1(stratified by EB subtype)

FILSUVEZ® + dressing FILSUVEZ® + dressing

Visit schedule Day0

D14

D30

D60

Day90

Month 0

M3

M12

M24

90 DAY MAIN STUDY PHASE

2 YEAR OPEN LABEL EXTENSION

D45

Primary Endpoint: proportion of target wounds healed by day 45

22

Page 23: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

INDICATION 2017 2018 2019 2020 (PROJECTED)

EB (FILSUVEZ®)

FILSUVEZ® — EASE TIMELINE

23

UNBLINDED INTERIM EFFICACY ANALYSIS DELIVERED 1Q 2019

FPFV

Interim Efficacy Analysis

USA IND

Pediatric Rare Disease Designation

Phase 3 EB (230 evaluable patients)

Milestones Patient studies Non-human studies

Expected Topline Data

Fast Track Designation

Common Technical Document (MAA)

Common Technical Document (NDA)

Non-clinical studies

Follow-up Study

Page 24: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

AP103 - GENE THERAPY

Uptake Pathway of the Polyplexes

10 W

eeks

One

Mon

thIm

ages

ta

ken

at 2

0x

Control C7 Negative

1x HPAE-C7 Topically

3x HPAE-C7 Topically

24

Novel polymer-based topical gene therapy delivery platform which has potential use for the treatment of rare genetic diseases

AP103, our first product candidate utilizing this platform, is being studied for DEB

Planned initiation of clinical development in 2H 2021

Demonstrated efficacy in preclinical EB model:

Collagen VII expression with a single topical application and increased post three topical applications

Page 25: CORPORATE OVERVIEW - amrytpharma.com · AMRYT: CORPORATE OVERVIEW 3 Global, commercial-stage biopharmaceutical company. Our strategy is to acquire develop and commercialize products

STRONG FINANCIALSBUILDING A GLOBAL LEADER IN RARE DISEASES

25

Unrestricted cash and cash equivalents

Audited, at 12/31/19 $65.2MUnaudited, as of 3/31/20 $67.0M

$$125M Convertible Debt Facility▲ 5.5 year bullet, Apr 2025

▲ Unsecured

▲ Coupon: 5% cash

▲ Convertible price: $2.59

$154.1M

Pro forma revenues for 2019* from 2 global

products – the equivalent was $136.3M in 2018

$4.6M EBITDA profitable Q1 2020

$6.2M Cash generated from operations

$81M Term Debt Facility▲ 5 year bullet, Sept

2024

▲ Secured

▲ Coupon: 6.5% cash

& 6.5% PIK*Reflects pro forma revenues for the combined group

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CONTACT & CORPORATE INFORMATIONBUILDING A GLOBAL LEADER IN RARE & ORPHAN DISEASESAMRYT CONTACT

Dr Joe Wiley CEO [email protected]

Rory Nealon CFO/COO [email protected]

Kieran Rooney BD [email protected]

Investor Relations [email protected]

AMRYT COVERAGE

Brandon Folkes Cantor Fitzgerald [email protected] +1 212 294 8081

Max Herrmann Stifel Nicolaus [email protected] +44 207 710 7606

Tara Raveendran Shore Capital [email protected] +44 207 647 8142

Andrew Young Davy [email protected] +353 1 614 9192

LISTING PARTICULARS TICKER

Nasdaq AMYT

London Stock Exchange - AIM

AMYT

Euronext Growth Dublin

AYP

26

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AMRYTBUILDING A GLOBAL LEADER IN RARE DISEASES

Financial flexibility to execute on plans

27

Global commercial infrastructure and experienced team primed and ready for growth

Revenue generating commercial portfolio and EBITDA profitable

Pipeline of exciting new therapies with potential in areas of high unmet need