19
20 Novemb The Manag ASX Limit 20 Bridge S SYDNEY Dear Mada I attach an shareholder Yours faith Peter J. Nig Company S pjn9169 ber 2017 ger Compan ted Street NSW 2000 am, n address by rs present at hfully ghtingale Secretary nies 0 PRESENT y the Chair t today’s An TATION TO rman and a nnual Gener O ANNUAL a PowerPoin ral Meeting L GENERA nt presentat which is co E-mail: p W AL MEETI tion which onvened to b Level 2, 6 Syd Tel: Fax: pnightingale@ Website: www (19 p ING are to be d be held at 1 66 Hunter Str dney NSW 2 (61-2) 9300 3 (61-2) 9221 6 @biotron.com w.biotron.com pages by em delivered to 1.30 am. reet 2000 344 6333 m.au m.au mail) o the

PRESENT ATION TO ANNUAL GENERA NG - Biotron Limited · add crede e the comm linical trial ed in the C on our cor pany. Ou der value. s. A subst any's comp edded in o unities align

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20 Novemb The ManagASX Limit20 Bridge SSYDNEY Dear Mada

I attach anshareholder Yours faith

Peter J. NigCompany S pjn9169

ber 2017

ger Companted Street NSW 2000

am,

n address byrs present at

hfully

ghtingale Secretary

nies

0

PRESENT

y the Chairt today’s An

TATION TO

rman and annual Gener

O ANNUAL

a PowerPoinral Meeting

L GENERA

nt presentatwhich is co

E-mail: pW

AL MEETI

tion which onvened to b

Level 2, 6Syd

Tel: Fax:

pnightingale@Website: www

(19 p

ING

are to be dbe held at 1

66 Hunter Strdney NSW 2(61-2) 9300 3(61-2) 9221 6

@biotron.comw.biotron.com

pages by em

delivered to1.30 am.

reet 2000 344

6333 m.au m.au

mail)

o the

20 Novemb My Fellow

In recent wThe 36th adesigned tocurrent antchoice but of patients Company m This is the stepping stdeterminatisignificancdesired by Much has b Looking ahopportunitiportfolio of Importantlynow suppobeneficial a A disciplinpriority is tproduct. I would likproductive equally ded

ber 2017

w Shareholde

weeks, Biotroand final pao demonstrati-HIV treatto impatiendestined to

maybe, just

9th clinical tones alongion to deme of the Coshareholder

been achiev

head, we haies. Biotronf possibilitie

y, BIT225 iorts the belieagainst addi

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dicated parti

ers

CH

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maybe, ther

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ave every ren should noes capable o

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HAIRMAN’

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s on our cormpany. Ouder value.

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ated staff foo thank my

Level 2, 6Syd

Tel: Fax:

E-mail: info@Website: www

dication of Htreatment.

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uccessfully pe latest triaence to ourmercial outls and suppo

CEO’s presen

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66 Hunter Strdney NSW 2(61-2) 9300 3(61-2) 9221 6

@biotron.comw.biotron.com

HIV is possiThe trial w

ve and beyo we have li

many millieholders of

provided soual caps offr belief in comes that orting studie

ntation.

presenting noffers a str

me of evideary, likely to

ng model. Orse, to our l

ermination ectors for th

reet 2000 344

6333 m.au m.au

ible. was ond ittle ions this

und our the are

es.

new rong

ence o be

Our lead

and heir

In particular, I should single out Denis Wade for his enduring contribution and dedication to the Company since he joined the Board in 2010. For personal reasons, Denis steps down from the Board today. Denis' advice and insight have been of enormous value to me personally and to the entire Board. He departs with a mix of our regret and gratitude. I am relieved to report he won't be going far. Denis will retain an ongoing advisory role with the Company. I would now like to invite our CEO, Michelle Miller, to address the meeting.

Michael J. Hoy Chairman

Slide'tle

ForwardLookingStatements

Thispresenta'onmaycontainforward lookingstatementswithrespecttothefinancialcondi'on, resultsandbusinessachievements/performanceofBiotronLimited (ACN086399144)andcertainof theplansandobjec'vesofitsmanagement.Thesestatementsarestatementsthatarenot historicalfacts.Wordssuchas“should”,“expects”,“an'cipates”,“es'mates”,“believes”orsimilar expressions,astheyrelateto Biotron Limited, are intended to iden'fy forward lookingstatements. By their nature, forward lookingstatements involve risk and uncertainty because they reflect Biotron’s current expecta'ons andassump'onsastofutureeventsandcircumstancesthatmaynot proveaccurate.Thereisnoguaranteethat the expected events, trends or results will actually occur. Any changes in such assump'ons orexpecta'onscouldcauseactualresultstodiffermateriallyfromcurrentexpecta'ons.

InvestmentHighlights

•  Biotronisdesigning,developingandcommercialisingaplaUormofan'viraldrugswithanovelmodeofac'on–abletotargetawidevarietyofviralinfec'ons

•  Pipelineofprogramsinhighvalue,highneedmarkets•  Progressinclinicalleadprogram(BIT225)providesstrongvalida'onforen'replaUorm

BiotronLimited–SnapShot

BROADPLATFORMWITHNEWCLASSOFANTIVIRALDRUGS

HIV-1ERADICATION HBV&EARLYSTAGEPROGRAMSHEPATITISCVIRUS(HCV)

-  Targe'ngHIV-1inlong-livedreservoirs

-  Phase2trialinprogressduring2017;dosingcomplete

-  NewclassofHCVdrug

-  Phase2completed

-  SeekingpartnershipsinChina

-  Pipelineofearlystageprograms,including:

-  Hepa''sBvirus

-  Respiratoryviruses

-  Flaviviruses(e.g.Dengue)

ROBUSTCLINICALVALIDATION–COMPLETED8CLINICALTRIALSWITH

STRONGSAFETY&EFFICACYOUTCOMES

KeyAchievementsFY2017

•  CommencedPhase2clinicaltrialofBIT225andCombina'onAn'retroviralTherapy(cART)inFeb’17

•  FullyrecruitedinJuly‘17;DosingwithBIT225/placebocompleted;datapending

•  Demonstratedsignificantandacceleratedreduc'oninHIV-1viralloadfollowingaddi'onofBIT225inhumanisedmousestudyinFeb‘17

•  IndependentNaturepublica'onvalidatedBiotron’sapproachoftarge'ngHIV-1inmacrophagesasakeystepinHIV-1eradica'oninMay’17

•  AppointedLynxFinancialasCorporateAdvisorforChina–assis'ngwithexecu'ngHCVregionalpartneringstrategyinJune‘17

•  Raised$1.56millionviarightsissueinJune‘17

•  Received$1.6millionR&DtaxrefundinNov‘17(post-endofFY)

CommercialisaUon–KeyFocus

•  Threetac'calpriori'es:•  Partneringleadclinicalprogram-BIT225forHIV-1eradica'on

•  Partneringoneormorepreclinicalprograms–e.g.HBV

•  ExecutearegionallicensingdealinChina-HCVprogramremainsagreatopportunity

HIV-1EradicaUon

MarioStevensonScien.ficAmerican299,78-83(2008)

CurrentdrugsdonoteradicateHIV-1virus

WhyisHIV-1eradicaUonnecessary?•  Long-termhealthimplica'onse.g.HAND,immuneac'va'on,etc•  Costoftreatment

•  ~$20billionp.a.worldwide•  Majorburdenonhealthcaresystems

BIT225haspotenUaltobeusedincombinaUonwithotherdrugsto

eradicateHIV-1reservoirs

•  HIV-1remainshiddeninreservoirs,leadingtochronic,life-longinfec'on•  Invisibletobody’simmunedefenses•  Notsensi'vetoan'-HIV-1drugs

•  Newmodeofac'onsdrugsareneededtoeradicateorcureHIV-1infec'on

HIV-1EradicaUon:BIT225-009Trial

•  36HIV-1+ve,treatment-naïvesubjectscommencingART•  Randomised2:1(drug:placebo)

BIT225orplaceboaddedtoART

•  BIT225orplaceboaddedtoARTforfirst12weeksoftreatment•  Read-out

•  Impactonviruslevels;reduc'onofimmuneac'va'onmarkers•  Fullyrecruited;completeddosingwithBIT225/placebo;infollow-upperiod(ARTalone)

HIV-1EradicaUon:BIT225-009Trial

•  FullyrecruitedJuly;lastpa'ent,lastdoseinmid-October

•  Threemonthfollow-upperiodpost-dosingwithBIT225/placebo

•  Addi'onalsamplescollectedfrompa'entsthroughoutthisnext3monthperiod

•  Post-triallaboratoryanalysesonsamplesfromtreatmentperiodareinprogress:

•  VirologicalOutcomes

•  ImmunologicalOutcomes

•  Post-dosingsampledataalsorequiredtocompletetheanalyses

•  E.g.Anyreboundorchangeinparametersoncedrugceased?

•  Alldataisnecessarytodetermineoutcomeofthetrial

CommercialisaUon:BIT225HIV-1EradicaUon

•  Severalpharmaceu'calcompanieshaveac'veHIV-1“Cure”Programs•  Iden'fiedandqualifiedpoten'alpartners

•  Posi'veoutcomes–BIT225clinicaltrial-keytoprogressingcommercialisa'ondiscussions

•  Poten'alpartnershavedefinedtheirsuccesscriteria–wearealigned!

•  Communica'ngtrialdataassoonasavailable

•  Followupmee'ngswithpoten'alpartnerscon'nue

CommercialisaUon:PreclinicalPrograms–HBV

•  Hepa''sBvirus(HBV)therapeu'cspacehassignificantinterestfrompharma&biotechcompanies

•  Biotron’sHBVprogramiselici'ngearlyinterestfrompoten'alpartners

•  Invitrodataonseveralcandidatecompoundsincludesevidenceofreduc'onofindustryrecognisedmarkers

•  Novelmechanismisveryasrac'veincombina'onapproachestotreatmentofHBV

•  ExpandsBiotron’spartneringopportuni'es–poten'alforearlystageco-development/collabora'onagreement

CommercialisaUon:RegionalLicensing–China,HCVProgram

•  ThenewHCVdrugs(e.g.Solvadi)maycausereac'va'onofHBVinHCV/HBVcoinfectedpa'ents

•  ResultedinUSFDA“BlackBox”WarningonnewHCVdrugs

•  30millionHCV-infectedpeopleinChina,comparedto3-5millioninUSA

•  93millionchronicallyinfectedwithHBVinChina,comparedto2.2millioninUSA

•  HighHCV/HBVco-infec'onrateinChina(es'matedtobe10million)

•  Reac'va'onofHBVinpeopleundergoingHCVtreatmentwiththesenewHCVdrugshaspoten'altobeamajorhealth&economicissueinChina

•  BIT225hasbeenshowninclinicaltrialstosignificantlyimproveclinicaloutcomeinHCVGT1-infectedpa'entsincombina'onwithInterferon&Ribavirin(IFN/RBV)

•  IFN/RBVhaveseveralpoten'aladvantagesovernewHCVdrugsinsomesevngs

•  IFN/RBVissignificantlycheaperthanthenewHCVdrugs

•  HBVreac'va'onislesscommonandlesssevereinHCV/HBVco-infectedpa'entswithIFN/RBV

•  Seekingpartnershipsforcommercialisa'onofBIT225forthetreatmentofHCVinChina

•  AppointedaShanghai-basedcorporateadvisorwithextensiveexperienceincross-border

transac'onsinthehealthcarespace

•  Developedawellqualifiedprospectlist

•  Presentedtopoten'allicensees–allwithcapacitytofinalisecommercialdevelopmentand

launchofBIT225inChina

•  Discussionsareon-going

CommercialisaUon:RegionalLicensing–China,HCVProgram

UnlockingValueforOtherVirusTargets

Libraryofcompoundsdesignedtotargetviroporinsfoundinsomeviruses:Ini'ally>250compoundsdesignedandsynthesised;librarynow~350OTHER“HITS”INLIBRARYinclude:•  InfluenzaAandB•  Hepa''sBvirus(HBV)•  Coronaviruses(IncludingSARS)•  Epstein-Barrvirus(EBV)•  Zikavirus•  others

X-axis:compoundIDY-axis:virusZ-axis:strengthofhit

UnlockingValueforOtherVirusTargetsBiotron’sViroporinapproachenablesthetarge'ngofawiderangeofviraldiseases;examplesinclude:•  RespiratoryVirusessuchasRespiratorySyncy'alVirus(RSV),Influenza,&Coronaviruses(leadingcauseof

“commoncold”)•  FlavivirusessuchasZikaVirusandDengue•  TransplantvirusessuchasBKvirus•  EpsteinBarrvirus(EBV)-par'cularinterestinAsiawhereitiscausa'veagentofNasopharyngeal

Carcinoma

Biotron’sViroporinplacormhasthepotenUaltobecomeanimportanttoolinthe

developmentofanUviraltherapies

PotenUalforestablishingearlystagecollaboraUonswithpharmaceuUcalcompaniesuUlisingBiotron’sapproach

Summary

•  HIVEradicaUon•  Engagedwiththerightpoten'alpartners•  Wai'ngfordatafromtrialbutcon'nuetoengagewithpharma

•  PreclinicalPrograms•  HBVhaspromiseasapreclinicalcandidateforjointdevelopment.HBVtherapeu'cspaceisveryhot.•  BIT225resultsvalidatetheplaUorm;poten'altofacilitatefundeddevelopmentsbypartnersfor

“other”viraldiseases•  RegionalLicensing

•  HCVinChinaremainsasignificantdevelopmentopportunity–“cost-conscious”marketcombinedwiththehighrateofco-infec'onHCV&HBVrequiresdifferentapproachthanusedintheUSA

Successinanyorallofthesestrategieswillbea“companymaker”increasingthevaluefor

Biotronstakeholders