Protein degraded. Disease targeted. Lives transformed.

May 2024

Forward-looking Statements and Intellectual Property

Forward-looking Statements

The following presentation contains forward-looking statements. All statements other than statements of historical fact are forward- looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. These forward- looking statements include, but are not limited to, statements regarding the therapeutic potential of C4 Therapeutics, Inc.'s technology

and products. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. Among

the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated generally with research and development, clinical trials and related regulatory reviews and approvals, as well as the fact that the product candidates that we are developing or may develop may not demonstrate success in clinical trials. Prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The forward- looking statements included in this presentation are subject to a variety of risks and uncertainties, including those set forth in our most

recent and future filings with the Securities and Exchange Commission. Our actual results could vary significantly from those anticipated

in this presentation, and our financial condition and results of operations could be materially adversely affected. C4 Therapeutics, Inc. undertakes no obligation to update or revise the information contained in this presentation, whether as a result of new information, future events or circumstances or otherwise.

Intellectual Property

C4 Therapeutics, Inc. owns various registered and unregistered trademarks and service marks in the U.S. and internationally, including, without limitation, C4 THERAPEUTICS, our housemark logo, the name of our TORPEDO platform, and the names of our BIDAC and MONODAC degrader products. All trademarks, service marks, or trade names referred to in this presentation that we do not own are the property of their respective owners. Solely for convenience, the trademarks, service marks, and trade names in this presentation are referred to without the symbols ®, SM and , but those references should not be construed as any indicator that their respective owners will not assert, to the fullest extent under applicable law, their rights to.

© 2024 C4 Therapeutics, Inc.

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C4T is a Recognized Leader in Delivering on the Promise of Targeted Protein Degradation

WORLD-CLASS DEGRADER PLATFORM

Our Mission

To deliver on the promise

of targeted protein

degradation science to create a new generation of medicines that transform patients' lives

Robust patent portfolio of novel cereblon binders; Demonstrated ability to design orally

bioavailable, catalytically efficient degraders

RIGOROUS TARGET SELECTION

Focus on targets with a clear degrader

rationale

BROAD DEGRADER APPROACH

MonoDAC and BiDAC degraders, as well as degrader-antibodyconjugates

CLINICAL PIPELINE

Oncology degraders against targets of high unmet need

© 2024 C4 Therapeutics, Inc.

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We Have Designed and Advanced Degraders into the Clinic Across a Range of Target Classes, Resulting in Robust Target Degradation

Interrogated Diverse

Attained

Target Classes

IND Clearance

Discovered degraders and advanced

4 INDs against a transcription factor, a chromatin modifier, and two kinases

1. Evaluated three programs in the clinic as of 1/9/2024 Investigational New Drug Application (IND)

Achieved Desirable

Degraded Target as

Drug-like Properties

Predicted

To date, we have evaluated

3 programs in the clinic1, with each demonstrating robust target degradation in patients

© 2024 C4 Therapeutics, Inc.

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Prioritized Pipeline to Deliver Near-Term Value

Program

Target

Indications

Discovery

Preclinical

Early phase

Late phase

Rights

development

development

Cemsidomide

Multiple Myeloma &

IKZF1/3

Non-Hodgkin's

(CFT7455)

Lymphoma

CFT1946

BRAF

V600X Mutant

V600X

Cancers

CFT89191

EGFR

Non-Small Cell Lung

L858R

Cancers

Undisclosed Discovery

Various Cancers

Stage Programs

Autoimmune &

2 targets

Cancer

Undisclosed

Autoimmune &

2 targets

Neurological

Collaboration Programs

Cancer

1 target

Cancer

2 targets

1. License and Collaboration Agreement with Betta Pharmaceuticals for development and commercialization in Greater China

© 2024 C4 Therapeutics, Inc.

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2024 Milestones: Advancing High-potential Programs

Multiple Value Inflection Points over Next 12 Months with Sufficient Runway (into 20271) Beyond These Milestones

Cemsidomide

(CFT7455)

IKZF1/3

CFT1946

BRAF V600X

CFT8919

EGFR L858R

Discovery

  • 2H 2024: Present updated data from Phase 1 dose escalation +dex trial in R/R MM
  • 2H 2024: Present data from Phase 1 dose escalation monotherapy trial in R/R NHL
  • By YE 2024: Complete Phase 1 dose exploration in R/R MM and R/R NHL
  • 2Q 2024: Present preclinical data demonstrating differentiated activity in BRAF V600X melanoma, CRC, NSCLC, and brain metastasis models at AACR
  • 2H 2024: Present data from Phase 1 dose escalation trial in melanoma, CRC, NSCLC, and other BRAF V600X cancers
  • 2024: Support trial start-up activities related to Betta's Phase 1 dose escalation trial in China
  • 1Q 2024: Collaboration with Merck KGaA, Darmstadt, Germany to discover two targeted protein degraders against critical oncogenic proteins
  • 2024: Deliver development candidate to collaboration partner

1. Cash, cash equivalents and marketable securities as of March 31, 2024 were $299.2 million Dexamethasone (dex); Colorectal cancer (CRC); Non-small cell lung cancer (NSCLC); Year-end (YE)

© 2024 C4 Therapeutics, Inc.

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Cemsidomide (CFT7455)

Targeting IKZF1/3

Multiple Myeloma (MM)

  • Non-Hodgkin'sLymphoma (NHL)

IKZF1/3 Degradation Drives Three Distinct Areas of Hematopoietic Biology; Degrading IKZF1/3 is a Validated Therapeutic Strategy in MM and NHL

IKZF1 / IKZF3

Transcription Factors

Drive MM and NHL Cell

Activate Fully

Regulate Hematopoietic

Growth and Survival

Differentiated T-cells

Stem Cell Differentiation

CD8+

Hematopoietic

Stem Cell

MM and

NHL Cells

Activated CD8+

Neutrophil

Consequences of IKZF1/3 Degradation:

MM and NHL Cell Death

T-cell Activation

On-target Neutropenia

Ikaros Family Zinc Finger proteins 1 and 3 (IKZF1/3); Multiple Myeloma (MM); Non-Hodgkin's Lymphoma (NHL)

© 2024 C4 Therapeutics, Inc

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Differentiated PK and Class-leading Catalytic Activity of Cemsidomide (CFT7455) Leads to Sustained Degradation Compared to Other Agents in this Class

Extended Plasma and Tumor Exposure

In Vivo Tumor PK

Leads to Optimized Degradation Kinetics

In Vivo Degradation Kinetics (48 hrs.)

Compound Concentration Plasma (ng/mL) or Tumor (ng/g)

100

10

1

0.1

CC92480 is not detectable after 4 hrs

CC92480 1000

μg/kg plasma

CC92480 1000

μg/kg tumor

CFT7455

100

μg/kg plasma

CFT7455

100

μg/kg tumor

CFT7455

DC80 (total)

Pomalidomide (3000 μg/kg)

Remaining/ TumorsH929-NCI

CC-92480 (1000 µg/kg)

CFT7455 (100 μg/kg)

100

IKZF3of

50

GAPDHin

Percent

to

0

12

24

36

48

Hours

Normalized

0

0

12

24

36

48

Hours

mezigdomide (CC-92480); Ikaros family zinc finger protein (IKZF3); multiple myeloma (MM); pharmacodynamics (PD); pharmacokinetics (PK); once daily (QD) Source: AACR 2022 presentation

© 2024 C4 Therapeutics, Inc

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Cemsidomide (CFT7455) Phase 1 Dose Escalation Trial's Goal is to Define the Safety Profile and Identify Signs of Anti-Tumor Activity in R/R MM and R/R NHL

Phase 1 Dose Escalation Trial

R/R MM

Monotherapy

Dosing: QD

21 days on/7 days off

N=5

Status: Complete

R/R MM

R/R MM

R/R NHL

Monotherapy

Dex Combo

Monotherapy

Dosing: MWF & QD

Dosing: MWF & QD

Dosing: MWF & QD

14 days on/14 days

14 days on/14 days

14 days on/14 days

off

off

off

N=22

N = ~20

N = ~20

Status: Complete

Status: Ongoing

Status: Ongoing

Endpoints

Primary:

  • Safety and tolerability
  • Determine the maximum tolerated doses

Secondary:

  • Estimate anti-tumor activity
  • Assess PK

Exploratory:

  • Characterize target engagement
  • Assess kinetics, depth, recovery and consistency of target engagement
  • Assess immunomodulation

Pharmacokinetic (PK); Monday, Wednesday, Friday dosing (MWF); once daily (QD); Relapsed refractory multiple myeloma (R/R MM);

Relapsed refractory non-Hodgkin's lymphoma (R/R NHL); Dexamethasone (Dex)

© 2024 C4 Therapeutics, Inc

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C4 Therapeutics Inc. published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 11:11:40 UTC.