Pharming Group N.V.

Corporate Presentation

May 2024

NASDAQ: PHAR | EURONEXT Amsterdam: PHARM

Forward-looking statements

This presentation may contain forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in these statements. These forward-looking statements are identified by their use of terms and phrases such as "aim", "ambition", ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'', "milestones", ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will'' and similar terms and phrases. Examples of forward-looking statements may include statements with respect to timing and progress of Pharming's preclinical studies and clinical trials of its product candidates, Pharming's clinical and commercial prospects, and Pharming's expectations regarding its projected working capital requirements and cash resources, which statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to the scope, progress and expansion of Pharming's clinical trials and ramifications for the cost thereof; and clinical, scientific, regulatory, commercial, competitive and technical developments. In light of these risks and uncertainties, and other risks and uncertainties that are described in Pharming's 2023 Annual Report and the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission, the events and circumstances discussed in such forward-looking statements may not occur, and Pharming's actual results could differ materially and adversely from those anticipated or implied thereby. All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward- looking statements. Any forward-looking statements speak only as of the date of this presentation and are based on information available to Pharming as of the date of this presentation. Pharming does not undertake any obligation to publicly update or revise any forward- looking statement as a result of new information, future events or other information.

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Building a leading global rare disease biopharma company

Market RUCONEST®

for acute HAE attacks in key

markets - U.S. focus

Positive cash flow from RUCONEST® revenue funds Joenja® (leniolisib) launches & pipeline development

FY23 revenue US$227.1M

1Q24 revenue US$46.0M (+8%)

Increase in patients and prescribers driving growth

Patients reliant on RUCONEST® despite increased therapy options

Global approvals and commercialization of Joenja® (leniolisib) for APDS

Successful commercialization of Joenja® (leniolisib) - first and only FDA approved treatment for APDS - U.S. launch April 2023

Revenue FY23 US$18.2M

1Q24 US$9.6M (+21% vs. 4Q23) Strong focus on patient finding

Israel approval (April 2024)

Regulatory reviews ongoing in EUR, U.K., CAN, AUS Pediatric and Japan clinical trials

Ongoing pipeline development

and management of rare

disease assets

Advance internal projects and rare disease in-licensing and acquisition strategy

Leniolisib development for PIDs with immune dysregulation beyond APDS - preparing Ph2

BD focus on clinical programs in immunology, hematology, respiratory and gastroenterology

OTL- 105 discontinued

2024 Total Revenue Guidance - $280 - $295M (14 - 20% growth)

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Driven by Joenja®

Pipeline - multiple commercial stage rare disease products

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Joenja® (leniolisib) franchise - multi-year growth potential

Joenja® U.S. (APDS)

Leniolisib (APDS)

Marketed (12+)

Patients on early

access/ named

Significant portion

patient programs

of identified

Global expansion /

patients on paid

regulatory reviews

therapy

Ongoing patient

Pediatric studies

finding and VUS

resolution efforts

Prevalence:

~1.5 / million

~2,000 patients

Leniolisib for Primary Immunodeficiencies (PIDs)

  • Phase II POC trial in PIDs with immune dysregulation linked to PI3Kẟ signaling
  • Symptoms similar to APDS

~5 / million

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RUCONEST®

C1-INH targets the root cause of HAE

Complement System1-6

There are 3 known cascades that can lead to an HAE attack

Contact Activation System1,7-10

Fibrinolysis System8,14

Classical

Lectin

Pathway

Pathway

Immune Complexes

FXIIf

MBL

C1

C1r/C1s

MASP-1

Consumption

of

C2 C4

C2a C4a

HAE diagnosis based on

  • C1-INHlevel
  • C1-INHfunction
  • C4 level

Trigger(s)12

  • Trauma
  • Stress
  • Infection
  • Unknown

Kallikrein-

independent

pathway

MASP-1

upregulates

B2-R

Icatibant inhibits BK by binding

to B2 receptors

C1-INH therapy regulates

FXII

multiple pathways11

FXIIa

Feedback Loop

K activates FXII FXIIa

HMWK-PK

HMWK-K

Lanadelumab and

berotralstat inhibit K12,13

K cleaves HMWK, releasing BK

BK

B2-RB1-R

Plasminogen

uPA/tPA

Plasmin

Tranexamic Acid inhibits

plasmin9

ABBREVIATIONS

BK

Bradykinin

C1-INH

C1 inhibitor

C#

Complement component

FXII

Coagulation factor XII

FXIIa

Activated FXII

FXIIf

Fragment of FXIIa

HAE

Hereditary angioedema

HMWK

High-molecular-weight kininogen

  1. Kallikrein

Vascular Leakage (Edema)

Adapted from a clinical cascade developed in partnership with Dr. Allen Kaplan. This is a current scientific understanding of the cascades. Clinical implications are unknown.

MASP

MBL-associated serine protease

MBL

Mannose-binding lectin

PK

Prekallikrein

tPA

Tissue plasminogen activator

uPA

Urokinase plasminogen activator

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RUCONEST® (rhC1INH): trusted treatment cornerstone for HAE

The only recombinant treatment that targets the root cause of HAE by replacing missing or dysfunctional C1-INH

Well-tolerated and effective treatment option for acute hereditary angioedema (HAE) - including breakthrough attacks

Strong U.S. in-market demand - New enrollments up 25% in FY23 Almost 70 enrollments in 1Q24

Revenue:

FY23 US$227.1M (+10%) 1Q24 US$46.0M (+8%)

Second most prescribed product for acute attacks

97%: needed just 1 dose of RUCONEST®1

93%: acute attacks stopped with RUCONEST® for at least 3 days2

Performing well in leading U.S. revenue indicators: active patients, vials shipped, physicians prescribing (744, +15 vs. 2023)

Continued growth in 2024, strong positioning vs. acute orals in late-stage development

References: 1. RUCONEST®. Prescribing information. Pharming Healthcare Inc; 2020. 2. Bernstein JA, et al. Ann Allergy Asthma Immunol. 2017;118(4):452-453. 3. Data on file. Pharming Healthcare Inc; 2019

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The most common adverse reactions (incidence ≥2%) were headache, nausea and diarrhea. The most serious adverse reaction reported in clinical trials was anaphylaxis.

Joenja® (leniolisib)

U.S. launch of Joenja®: a much-needed treatment for APDS patients and another achievement for Pharming

Joenja® (leniolisib) is a prescription medicine that is used to treat activated phosphoinositide 3-kinase delta (PI3Kδ) syndrome (APDS) in adult and pediatric patients 12 years of age and older

In a randomized placebo-controlled trial of patients

with APDS

  • Joenja® met both primary end points with significant efficacy results
  • Demonstrated significant improvement in other secondary and exploratory parameters

There were no drug-related serious adverse events or study withdrawals in Joenja® trials

Joenja® reported additional findings from an ongoing long-term open- label extension study interim analysis: reductions/discontinuations in IRT and reduction in infection rates

Extension study interim analysis demonstrated safety consistent with the randomized, controlled trial. We continue to collect observational long-term data on lymphadenopathy, naive B cells and IgM

Please see Important Safety Information and full Prescribing Information available at joenja.com

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Rao VK, et al. Blood. 2023;141(9):971-983

Rao VK, et al. Poster presented at: 64th Annual American Society of Hematology Annual Meeting; December 10-13, 2022; New Orleans, LA.

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Pharming Group NV published this content on 16 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2024 14:52:01 UTC.