Roche Holding Ltd · SIX:RO

Roche — H1 2026 Earnings Presentation

170 slides from Roche's earnings presentation, Jul 23, 2026

  1. Slide 1: Roche

  2. Slide 2: Forward-looking statements

    This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes’, ‘expects’, ‘anticipates’, ‘projects’, ‘intends’, ‘should’, ‘seeks’, ‘estimates’, ‘future’ or similar expressions or by discussion of, among other things, str

  3. Slide 3: Roche HY 2026 results

    Roche HY 2026 results Basel, 23 July 2026

  4. Slide 4: Group

    Group Thomas Schinecker Chief Executive Officer

  5. Slide 5: Performance, Portfolio progress, Outlook

    Performance Portfolio progress Outlook

  6. Slide 6: HY 2026: COP growth at +10% ahead of sales growth at +6%

    HY 2026: COP growth at +10% ahead of sales growth at +6%* HY results all at CER ▪ Group sales growth +6%, Pharma +6% and Diagnostics +3% (still impacted by the healthcare pricing reforms in China) ▪ Strong bottom line performance with Core OP +10% and Core OP margin +1.7%p; Core EPS +9% ▪ LOE impact

  7. Slide 7: HY 2026: Strong Pharma sales driving Group growth

    HY 2026: Strong Pharma sales driving Group growth Sales impacted by low flu season and Diagnostics healthcare pricing reforms in China HY 2026 HY 2025 Change in % CHFbn CHFbn CHF CER Pharmaceuticals Division 23.6 24.0 -1 6 Diagnostics Division 6.7 7.0 -3 3 Roche Group 30.4 30.9 -2 ##### 6 CER: Const

  8. Slide 8: HY 2026: Consistent strong growth

    HY 2026: Consistent strong growth Sales impacted by low flu season and Diagnostics healthcare pricing reforms in China Group sales growth %CER +15% +10% +9% +9% +9% +9% +8% +8% +6% +6% +6% +5% +5% +2% +1% +2% +1% 0% COVID-19 pandemic Pandemic phase out Post-pandemic Base business: +1%* Base business

  9. Slide 9: Key growth drivers of the Roche portfolio

    Key growth drivers of the Roche portfolio Growth driven by a broad and diversified portfolio 2026 sales Diagnostics: Pathology Lab with strong +3% (CHFbn, YoY CER growth) growth; Core Lab growing despite China Phesgo: Conversion ongoing; HER2+ BC franchise healthcare pricing reforms to peak in 2026

  10. Slide 10: Performance, Portfolio progress, Outlook

    Performance Portfolio progress Outlook

  11. Slide 11: Pharma: Continuous pipeline progress through partnering and M&A

    Pharma: Continuous pipeline progress through partnering and M&A Addition of a BTK degrader with BIC potential through Nurix deal to strengthen oncology and beyond Onc/Heme, Ophthalmology Onc/Heme Onc/Heme Immunology CVRM CVRM CVRM CVRM Immuno & Neuro BTK Anti-TL1A siRNA CDKi Dual GLP- Long-acting Wn

  12. Slide 12: Pharma: Up to 19 NMEs with launch potential by 2030

    Pharma: Up to 19 NMEs with launch potential by 2030 Positive Ph III (KRASCENDO 1) divarasib in 2L+ KRAS G12C+ NSCLC; upcoming sefaxersen readout in IgAN afimkibart 0.5-1bn peak sales 1-2bn peak sales enicepatide** IBD, Atopic derm, RA, MASH >3bn peak sales Obesity +/- T2D 2-3bn peak sales sefaxersen

  13. Slide 13: Diagnostics: Key Business Development across Customer Areas

    Diagnostics: Key Business Development across Customer Areas PathAI acquisition* to expand pathology portfolio; recent deals to strengthen oncology ecosystem * Molecular Lab Molecular Lab Molecular Lab Molecular Lab Molecular Lab Pathology Lab Near Patient Care Sequencing-by- Ultra-rapid PCR Syndromi

  14. Slide 14: Diagnostics: Key technology launches driving future growth

    Diagnostics: Key technology launches driving future growth AXELIOS 1 sequencing solution launched in June 2026 Key platform launches Selected assays cobas Lp(a) Gen 2 Near Patient Care Core Lab Molecular Lab Cardiovascular risk Elecsys hs-TnT Gen 6 Acute coronary syndrome Accu-Chek SmartGuide cobas

  15. Slide 15: Performance, Portfolio progress, Outlook

    Performance Portfolio progress Outlook

  16. Slide 16: 2026 guidance confirmed

    2026 guidance confirmed LOE impact of roughly CHF 0.6bn expected for 2026 Group sales growth1 Mid single digit sales growth Core EPS growth1 High single digit Core EPS growth Dividend outlook Further increase dividend in Swiss francs 1. At CER: Constant exchange rates (avg. full year 2025); LOE: Los

  17. Slide 17: Finance

    Finance Alan Hippe Chief Financial Officer

  18. Slide 18: Results, Cash & balance sheet, Currency guidance & outlook

    Results Cash & balance sheet Currency guidance & outlook

  19. Slide 19: HY 2026: Group performance

    HY 2026: Group performance Sales increase of +6% and Core EPS increase of +9% at CER 2026 2025 Change in % CHFm CHFm CHF CER Sales 30,364 30,944 -2 +6 Core operating profit 11,856 12,010 -1 +10 as % of sales 39.0 38.8 Core net income 9,216 9,319 -1 +11 as % of sales 30.4 30.1 Core EPS (in CHF) 10.85

  20. Slide 20: HY 2026: Group sales growth +6%

    HY 2026: Group sales growth +6% Business growth exceeding impact of healthcare pricing reforms in China and LOE +6% at CER CHFm +359 +1,697 -244 -131 -2,261 30,944 30,364 HY 2025 Pharma LOE Dia China Fx HY 2026 (excl. LOE) (excl. China) healthcare pricing reforms Totals may include differences due t

  21. Slide 21: HY 2026: Group core operating profit

    HY 2026: Group core operating profit Core operating profit up +10%, driven by higher sales and effective cost management 2026 2026 vs. 2025 CHFm Abs. CERm CER growth Sales 30,364 +1,681 6% Other revenue 1,088 +258 29% Cost of sales -7,673 -391 5% R&D -5,765 -66 1% SG&A -6,370 -221 3% OOI&E 212 -87 -

  22. Slide 22: HY 2026: Core operating profit and margin

    HY 2026: Core operating profit and margin 52.2% 53.0% % of sales +2.0%p¹ 38.8% 39.0% +1.7%p¹ 18.0% 17.5% +10%¹ CHFm +10%¹ +0.6%p¹ 12,522 12,532 12,010 11,856 +6%¹ 2025 2026 1,250 1,180 Roche Group Pharma Division Diagnostics Division Note: Group core operating profit includes -1.9bn from Corporate (

  23. Slide 23: HY 2026: Core net financial result

    HY 2026: Core net financial result Improvement mainly driven by higher gains on equity securities CHFm ▪ Net financial result improved by +42m / -7% at CER ▪ Interest expenses1 stable at CER -729 -687 +43 -82 +96 -15 HY 2025 Equity Net interest Interest Other HY 2026 securities income expenses1 1. I

  24. Slide 24: HY 2026: Core tax rate

    HY 2026: Core tax rate Tax rate stable compared to HY 2025 17.4% +0.1% 17.5% Effective tax rate Effective tax rate HY 2025 HY 2026 All at reported exchange rates 24

  25. Slide 25: HY 2026: Core EPS

    HY 2026: Core EPS Increase in operations partially offset by lower gains on product disposals +9.3% 11.71 -1.0%p +0.4%p -0.3%p -2.1%p +12.3%p 10.72 HY 2025 Operations1 Product disposals Financial Effective tax All other effects HY 2026 & disposal of income/expense rate change subsidiaries All at CER

  26. Slide 26: HY 2026: Non-core and IFRS income

    HY 2026: Non-core and IFRS income Non-core items up vs. PY mainly due to higher impairment of intangible assets 2026 2025 Var. at Change in % CHFm CHFm CERm CHF CER Core operating profit 11,856 12,010 +1,173 -1 +10 Global restructuring plans -765 -1,023 +222 Amortisation of intangible assets -391 -3

  27. Slide 27: Results, Cash & balance sheet, Currency guidance & outlook

    Results Cash & balance sheet Currency guidance & outlook

  28. Slide 28: HY 2026: Group operating free cash flow

    HY 2026: Group operating free cash flow OFCF up by +21% mainly driven by higher cash operating profit, partly offset by NWC movement CHFm -434 +25 +144 +1,446 -625 6,889 OFCF up by +21% (+1,180m at CER) 6,264 5,708 HY 2025 OP, net of cash NWC Investments Investments HY 2026 Foreign HY 2026 (CER) adj

  29. Slide 29: HY 2026: Operating free cash flow and margin

    HY 2026: Operating free cash flow and margin % of sales 47.7% 49.2% 35.6% 35.7% 35.5% +1.9%p¹ 34.4% 19.8% 20.6% +1.6%p¹ +1.9%p¹ +2.7%p¹ +13%¹ -3.3% 0.2% +11%¹ 16.8% 14.4% CHFm +13%¹ 8,533 23,440 8,428 +4.8%p¹ 21,833 22,014 -1.1%p¹ 20,823 +21%¹ 6,114 6,264 -¹ 2025 2026 14 -4%¹ 2024 2025 2,402 -232 1,

  30. Slide 30: HY 2026: Group net debt development

    HY 2026: Group net debt development Net debt higher by CHF -5.9bn vs. YE 2025 Free cash flow CHF +4.2 CHFbn Dividends paid -8.3 -16.2 Trans. own eq. inst. -0.6 M&A & all. trans. -0.4 -2.1 Curr. transl. & oth. -0.8 -22.1 +6.3 Taxes -1.6 Treasury -0.5 -10.1 Net debt Operating Non-operating Dividends,

  31. Slide 31: Balance sheet 30 June 2026

    Balance sheet 30 June 2026 Equity ratio at 37% (31 Dec 2025: 38%; 30 Jun 2025: 35%) % change in CER % change in CER CHFbn vs. 31 Dec 2025 vs. 31 Dec 2025 Cash and 100.7 -3% 100.7 -3% 98.2 98.2 marketable 15.5 9.7 -36% securities 15% 10% Current 28.0 28.8 +2% Other liabilities 28% 25.7 29% current 23

  32. Slide 32: Results, Cash & balance sheet, Currency guidance & outlook

    Results Cash & balance sheet Currency guidance & outlook

  33. Slide 33: Expected 2026 currency impact

    Expected 2026 currency impact USD / CHF Assumed avg. YTD 2026 -13% -9% -6% -4% 0.90 Assuming the 30 June 2026 exchange rates remain stable 0.86 0.84 0.83 until the end of 2026. 0.78 0.79 2026 impact1 is expected to be (%p): 0.79 0.80 Q1 Q2 Q3 Q4 0.79 0.77 0.79 0.79 0.78 0.80 0.81 0.81 0.81 0.81 0.81

  34. Slide 34: 2026 guidance confirmed

    2026 guidance confirmed LOE impact of roughly CHF 0.6bn expected for 2026 Group sales growth1 Mid single digit sales growth Core EPS growth1 High single digit Core EPS growth Dividend outlook Further increase dividend in Swiss francs 1. At CER: Constant exchange rates (avg. full year 2025); LOE: Los

  35. Slide 35: Pharmaceuticals Division

    Pharmaceuticals Division Teresa Graham CEO Roche Pharmaceuticals

  36. Slide 36: HY 2026: Pharmaceuticals sales

    HY 2026: Pharmaceuticals sales All regions delivering growth HY 2026 HY 2025 Change in % CHFm CHFm CHF CER Pharmaceuticals Division 23,629 23,985 -1 6 United States 12,229 12,670 -3 6 Europe 4,520 4,566 -1 1 Japan 1,360 1,425 -5 11 International 5,520 5,324 4 ##### 10 CER: Constant exchange rates (a

  37. Slide 37: HY 2026: Pharmaceuticals core operating profit

    HY 2026: Pharmaceuticals core operating profit Core operating profit growing ahead of sales with +10%, driven by effective cost management 2026 2026 vs. 2025 CHFm Abs. CERm CER growth Sales 23,629 +1,453 6% Other revenue 965 +168 20% Cost of sales -4,231 -217 5% R&D -4,895 -40 Includes shift of CHF

  38. Slide 38: HY 2026: Diversified set of key growth drivers

    HY 2026: Diversified set of key growth drivers Xolair remaining top growth driver, closely followed by Ocrevus and Hematology franchise Xolair 27% Hemlibra 11% Ocrevus 7% Phesgo 18% Vabysmo 8% Evrysdi 17% Polivy 20% Tecentriq 6% Columvi 70% Itovebi 212% Elevidys 62% Lunsumio 130% Alecensa 6% Enspryn

  39. Slide 39: Oncology growth driven by Phesgo and Tecentriq

    Oncology/Hematology Oncology growth driven by Phesgo and Tecentriq Giredestrant: lidERA PDUFA set for 30th Nov; positive Ph III for divarasib in 2L+ KRAS G12C+ NSCLC Q2 update Itovebi ▪ Phesgo: Global conversion rate at 54%* CHF 104m / +74% Others CHF 279m / -9% ▪ Perjeta: Conversion to Phesgo ongoi

  40. Slide 40: Divarasib in 2L+ NSCLC: Superiority in PFS and OS vs. SoC

    Oncology/Hematology Divarasib in 2L+ NSCLC: Superiority in PFS and OS vs. SoC Potentially best-in-class KRAS G12C inhibitor; strong divarasib activity in 1L NSCLC in combination with pembro Ph II KRASCENDO 170 efficacy1 Roche RAS-targeted pipeline PD-L1 Positive Cohort, 400mg (N=59)* Molecule Indica

  41. Slide 41: Polivy expanding strong global position in 1L DLBCL

    Oncology/Hematology Polivy expanding strong global position in 1L DLBCL (IPI 0-5) Lunsumio in 2L+ DLBCL (SUNMO) with US PDUFA set for 9th Feb Q2 update Lunsumio Columvi CHF 100m / +130% ▪ Hemlibra: Continued global growth; increasing adoption in non- CHF 196m / +70% inhibitor patients PiaSky MabTher

  42. Slide 42: Bexobrutideg: Potential BIC BTK-targeted therapy

    Oncology/Hematology Bexobrutideg: Potential BIC BTK-targeted therapy Broad development program in Hematology; ongoing expansion to Neurology and Immunology indications Bexobrutideg (BTK degrader) Development program TA Indication Ph I Ph I Ph II Ph II Ph III Ph III Status 3L+ CLL DAYBreak CLL-201 On

  43. Slide 43: Ocrevus: Global growth driven by SC

    Neurology Ocrevus: Global growth driven by SC Ocrevus Zunovo is the fastest growing aCD20 MS treatment in the US Q2 update Elevidys Others ▪ Ocrevus: ~44,000 patients on Ocrevus SC globally with CHF 180m / +62% significant momentum vs. Q1 CHF 157m / -21% Enspryng CHF 195m / +22% ▪ US: ~60% of SC vol

  44. Slide 44: Xolair driving overall Immunology growth

    Immunology Xolair driving overall Immunology growth Gazyva: US & EU filing for MN achieved with PDUFA set for 15th Nov; US PDUFA in INS set for 27th Sep Q2 update ▪ Xolair: Growth driven by food allergy Others CHF 402m / -5% Actemra ▪ Food allergy: >130,000 patients treated since launch CHF 1,074m /

  45. Slide 45: Gazyva: Potential to become first approved treatment for MN

    Immunology Gazyva: Potential to become first approved treatment for MN Gazyva demonstrated superiority over tacrolimus in CR at week 104; all Gazyva indications filed in US & EU Ph III (MAJESTY) in MN results1,2 Development program Primary endpoint: CR3 (UPCR ≤0.3 g/g and stable eGFR (≥85% of baseli

  46. Slide 46: Vabysmo with continued global market share expansion

    Ophthalmology Vabysmo with continued global market share expansion Enspryng in TED US filing and priority review achieved with PDUFA set for 15th Oct Q2 update Susvimo Others ▪ Vabysmo: Continued global growth and market share gains CHF 9m / +109% CHF 39m / -44% ▪ US: >60% of patient starts are naïv

  47. Slide 47: Vabysmo: Expecting continued global market share gains

    Ophthalmology Vabysmo: Expecting continued global market share gains Strong, consistent clinical and real-world data on anatomic outcomes and durability across indications ASRS PAT survey: Anatomic outcomes and durability in AMD, DME & RVO1 Global growth outlook Q: Which IVT injection delivers the b

  48. Slide 48: CVRM pipeline progressing

    Cardiovascular, Renal & Metabolism CVRM pipeline progressing Ph II data for enicepatide and petrelintide shared at ADA; pipeline progressing towards late-stage Clinical development Q2 update ▪ Enicepatide: Ph II (103) data in obesity presented at ADA Asset Indication Ph I Ph II Ph III ▪ Petrelintide

  49. Slide 49: Enicepatide: Potential for BIC weight loss

    Cardiovascular, Renal & Metabolism Enicepatide: Potential for BIC weight loss Broad Ph III development program in obesity, T2D and CVOT with additional trials under evaluation Ph II (103) results in overweight/obesity1 Weight loss (efficacy estimand) Weight reduction thresholds (at 48 weeks) Placebo

  50. Slide 50: 2026: Key newsflow outlook

    2026: Key newsflow outlook* Giredestrant + everolimus (post CDKi ER+/HER2- mBC) filed in US; 5 FDA priority reviews achieved Compound Indication Milestone giredestrant adjuvant ER+/HER2- early BC US/EU filing (US) giredestrant + everolimus post CDKi ER+/HER2- mBC EU filing/US approval Gazyva SLE US/

  51. Slide 51: Diagnostics Division

    Diagnostics Division Matt Sause CEO Roche Diagnostics

  52. Slide 52: HY 2026: Diagnostics sales

    HY 2026: Diagnostics sales Diagnostics growing at +3%, impacted by China healthcare pricing reforms HY 2026 HY 2025 Change in % CHFm CHFm CHF CER Diagnostics Division 6,735 6,959 -3 3 Core Lab 3,756 3,839 -2 4 Molecular Lab 1,196 1,250 -4 3 Near Patient Care 909 1,018 -11 -5 Pathology Lab 874 852 3

  53. Slide 53: HY 2026: Diagnostics highlights

    HY 2026: Diagnostics highlights Diagnostics growing at +3%, impacted by China healthcare pricing reforms CHFbn YoY CER growth ▪ Immunodiagnostics (+4%) Core Lab +4% ▪ Clinical chemistry (+7%) Molecular Lab +3% ▪ Transplant (+18%) Near Patient ▪ BGM (+3%) -5% ▪ Liat POC MDx (-20%) Care EMEA North Ame

  54. Slide 54: HY 2026: Diagnostics regional sales

    HY 2026: Diagnostics regional sales North America +8% EMEA ~33% of divisional sales +3% ~37% of divisional sales Asia Pacific Latin America -5% +10% ~22% of divisional sales ~8% of divisional sales Growth rates at constant exchange rates (avg. full year 2025); EMEA: Europe, Middle East and Africa 54

  55. Slide 55: HY 2026: Diagnostics core operating profit

    HY 2026: Diagnostics core operating profit Core operating profit higher by +6%, driven by higher sales and other revenue 2026 2026 vs. 2025 CHFm Abs. CERm CER growth Sales 6,735 +228 3% Other revenue 123 +90 256% Cost of sales -3,442 -173 5% R&D -870 -27 Includes shift of CHF ~24m 3% (CER) to Corpor

  56. Slide 56: AXELIOS 1 Sequencing platform launch

    AXELIOS 1 Sequencing platform launch AXELIOS 1 delivers world-record speed, high accuracy, and multi-modal flexibility Performance1 Key partners SBX-duplex (SBX-D) output ≥ 1.8 Tb (concordant duplex bases per 4 hr run) SBX-D Mean insert length2 ~ 230 to 260 bp Accuracy3 ~ Q38 (concordant duplex base

  57. Slide 57: PathAI acquisition

    PathAI acquistion1 Expanding our pathology portfolio with the best-in-class digital pathology solution Roche Diagnostics oncology ecosystem2 PathAI overview ▪ PathAI is an AI-powered precision pathology company Early Precise Therapy Disease Detection Diagnosis Selection Monitoring ▪ Its core offerin

  58. Slide 58: Elecsys pTau217

    Elecsys® pTau217 First blood-based biomarker to rule in and rule out Alzheimer’s pathology in primary care Elecsys® pTau217 Market needs and opportunity ▪ Alzheimer's is the leading cause of dementia, a condition projected to affect 80m people by 20301 100% ▪ Diagnosis takes three years after sympto

  59. Slide 59: Elecsys IGRA TB

    Elecsys® IGRA TB Entering the attractive latent TB segment and strengthening Roche's Infectious Disease offering 46TH ANNUAL CONGRESS Elecsys® IGRA TB Market needs and opportunity ▪ ~25% of the global population may have been infected with the bacteria that cause TB7 ▪ Expanding access to diagnostic

  60. Slide 60: Diagnostics key launches 2026

    Diagnostics key launches 2026 Area Product Description Market Status Molecular Novel high-throughput solution for ultra-rapid, scalable, and flexible sequencing powered by Sequencing by Systems Lab AXELIOS 1 Sequencing Solution Expansion (SBX) technology Global Non-invasive blood-based biomarker to

  61. Slide 61: IR events in 2026

    IR events in 2026 Additional events driven by readouts Neurology Update Diagnostics Day Oncology Update CVRM Update Pharma Day 22 Apr 12 May 2 Jun 8 Jun 28 Sep ▪ MS franchise update at ▪ Group and Diagnostics ▪ Oncology franchise ▪ Obesity franchise update ▪ Update on Pharma AAN division strategy up

  62. Slide 62: Doing now what patients need next

    Doing now what patients need next

  63. Slide 63: Appendix: Roche Group development pipeline

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  64. Slide 64: Changes to the development pipeline

    Changes to the development pipeline Q2 2026 update New to phase I New to phase II New to phase III New to registration 4 NMEs: 3 NMEs: 3 NMEs: 2 AIs: RG6697 NME - DME RG6596 HER2 TKI (ZN-1041) – 2L+ HER2+ mBC RG6512 zemocimig (NXT007) – hemophilia A RG7159 Gazyva - membranous nephropathy RG6852 NME

  65. Slide 65: Roche Group development pipeline

    Roche Group development pipeline Phase I (37 NMEs + 6 AIs) Phase II (12 NMEs + 6 AIs) RG6026 Columvi monotherapy + combos heme tumors Muco-obstructive RG6114 Itovebi + enzalutamide CRPC RG6421 TMEM16A potentiator RG6171 giredestrant monotherapy + combos solid tumors respiratory disease RG6114 Itoveb

  66. Slide 66: Roche Group development pipeline

    Roche Group development pipeline Phase III (14 NMEs + 21 AIs) Registration US & EU (2 NMEs + 7 AI) RG3502 Kadcyla + T HER-2+ eBC high-risk RG6149 astegolimab COPD giredestrant + post-CDK4/6 ER+/HER2- BC RG6013 Hemlibra Type 3 VWD RG62992 sefaxersen (ASO factor B) IgA nephropathy RG6171 everolimus† C

  67. Slide 67: Expected regulatory submissions

    Expected regulatory submissions* New Molecular Entities: Lead and additional indications New Molecular Entity (NME) Cardiovascular, Renal & Metabolism Additional Indication (AI) Neurology Oncology / Hematology Ophthalmology Immunology Other *Filing timelines reflect the anticipated filing of a poten

  68. Slide 68: Expected regulatory submissions

    Expected regulatory submissions* Marketed products: Additional indications New Molecular Entity (NME) Cardiovascular, Renal & Metabolism Additional Indication (AI) Neurology Oncology / Hematology Ophthalmology Immunology Other *Filing timelines reflect the anticipated filing of a potential indicatio

  69. Slide 69: Major pending approvals 2026

    Major pending approvals 2026 US EU China Japan-Chugai giredestrant + everolimus Tecentriq giredestrant Tecentriq RG6171 post-CDK4/6 ER+/HER2- BC RG7446 stage III dMMR/MSI-H colon cancer RG6171 ER+ BC adj RG7446 ctDNA+ high-risk MIBC Filed December 2025 Filed July 2026 Filed April 2026 Filed January

  70. Slide 70: Major granted approvals 2026

    Major granted approvals 2026 US EU China Japan-Chugai Tecentriq Polivy + chemo Lunsumio + Polivy RG7446 ctDNA+ high-risk MIBC RG7596 r/r DLBCL RG7828 r/r large B-cell lymphoma May 2026 March 2026 March 2026 Alecensa RG7853 ALK+ solid tumors May 2026 Avastin RG435 neurofibromatosis Type 2 June 2026 N

  71. Slide 71: Marketed products development programmes

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  72. Slide 72: Marketed products development programmes

    Marketed products development programmes Oncology / Hematology Neurology Immunology Ophthalmology CVRM RG7853 Alecensa RG6356 Elevidys RG7159 Gazyva RG6168 Enspryng RG6114 Itovebi RG6168 Enspryng RG7828 Lunsumio RG6321 Susvimo RG3502 Kadcyla RG7916 Evrysdi RG7716 Vabysmo RG7446 Tecentriq RG6026 Colu

  73. Slide 73: Alecensa

    Alecensa (alectinib, RG7853) CNS-active inhibitor of anaplastic lymphoma kinase (ALK) Indication Locally advanced, unresectable, stage III NSCLC Phase III Phase/study HORIZON-01 # of patients N=70 ▪ ARM A: Alecensa 600mg BID Oncology/Hematology ▪ ARM B: durvalumab 1500 Q4W Design ▪ Progression-free

  74. Slide 74: Itovebi

    Itovebi (inavolisib, RG6114, GDC-0077) A potent, orally available, and selective PI3Kα inhibitor Indication PIK3CA-mutant HR-positive metastatic breast cancer post CDKi HR-positive PIK3CA-mutant breast cancer Phase III Phase III Phase/study INAVO120 INAVO121 # of patients N=320 N=400 ▪ ARM A: Itoveb

  75. Slide 75: Itovebi

    Itovebi (inavolisib, RG6114, GDC-0077) A potent, orally available, and selective PI3Kα inhibitor Indication 1L HER2-positive PIK3CA-mutant metastatic breast cancer 1L endocrine-sensitive PIK3CA-mutant HR+, HER2-, adv. breast cancer Phase III Phase III Phase/study INAVO122 INAVO123 # of patients N=23

  76. Slide 76: Itovebi

    Itovebi (inavolisib, RG6114, GDC-0077) A potent, orally available, and selective PI3Kα inhibitor Indication 1L HR-positive 1L HR+ Chr8P-loss PIK3CA-wildtype metastatic breast cancer Phase/study Phase II # of patients N=80 ▪ ARM A: Itovebi + ribociclib + fulvestrant Oncology/Hematology ▪ ARM B: Place

  77. Slide 77: Itovebi

    Itovebi (inavolisib, RG6114, GDC-0077) A potent, orally available, and selective PI3Kα inhibitor Indication post-ARPI metastatic prostate cancer (mCRPC) Phase II Phase/study InavoPC # of patients N=100 ▪ ARM A: Itovebi + enzalutamide Oncology/Hematology ▪ ARM B: ARPi switch (enzalutamide or abirater

  78. Slide 78: Kadcyla

    Kadcyla (trastuzumab emtansine, RG3502) First ADC for HER2-positive breast cancer HER2-positive early breast cancer (BC) Indication high-risk patients Phase III Phase/study ASTEFANIA # of patients N=1150 ▪ ARM A: Kadcyla + Tecentriq Oncology/Hematology Design ▪ ARM B: Kadcyla + placebo ▪ Invasive di

  79. Slide 79: Tecentriq

    Tecentriq (atezolizumab, RG7446) Anti-PD-L1 cancer immunotherapy – lung cancer Indication 1L maintenance extensive-stage SCLC Phase III Phase/study IMforte1 # of patients N=450 Oncology/Hematology ▪ ARM A: Platinum-etoposide + Tecentriq followed by maintenance Tecentriq + lurbinectedin Design ▪ ARM

  80. Slide 80: Tecentriq

    Tecentriq (atezolizumab, RG7446) Anti-PD-L1 cancer immunotherapy – urothelial carcinoma ctDNA+, high-risk muscle-invasive Indication bladder cancer (MIBC) Phase III Phase/study IMvigor011 # of patients N=240 ARM A: Tecentriq monotherapy Oncology/Hematology ▪ ▪ ARM B: Placebo Design ▪ Disease-free su

  81. Slide 81: Tecentriq

    Tecentriq (atezolizumab, RG7446) Anti-PD-L1 cancer immunotherapy – colon cancer Indication Stage III dMMR-deficient or MSI-H colon cancer Phase III Phase/study ATOMIC # of patients N=700 ARM A: Tecentriq + mFOLFOX6 (24 weeks) followed by Tecentriq up to 1yr from start of induction Oncology/Hematolog

  82. Slide 82: Columvi

    Columvi (glofitamab, RG6026) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication Relapsed or refractory Non-Hodgkin’s lymphoma (NHL) Phase/study Phase I Phase I # of patients N=700 N=18-36 Cohort 1: Single-agent dose escalation study Columvi SC ▪ Initial dose escalatio

  83. Slide 83: Columvi

    Columvi (glofitamab, RG6026) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication 2L+ SCT-ineligible DLBCL Phase/study Phase Ib # of patients N=112 ▪ ARM A: Columvi IV + CELMoD (CC-220 and CC-99282) Oncology/Hematology ▪ ARM B: Lunsumio SC + CELMoD (CC-220 and CC-99282)

  84. Slide 84: Columvi

    Columvi (glofitamab, RG6026) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication 2L+ SCT-ineligible DLBCL 1L DLBCL fit (IPI 2-5) Phase III Phase III Phase/study STARGLO SKYGLO # of patients N=270 N=1130 ▪ ARM A: Columvi + gemcitabine and oxaliplatin, followed by up to

  85. Slide 85: Columvi

    Columvi (glofitamab, RG6026) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication Relapsed or refractory mantle cell lymphoma (MCL) Phase III Phase/study GLOBRYTE # of patients N=182 ▪ ARM A: Columvi monotherapy Oncology/Hematology ▪ ARM B: Bendamustine + rituximab or r

  86. Slide 86: Lunsumio

    Lunsumio (mosunetuzumab, RG7828) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication 2L+ FL Phase III Phase/study CELESTIMO # of patients N=474 ▪ ARM A: Lunsumio + lenalidomide Oncology/Hematology ▪ ARM B: Rituximab + lenalidomide Design ▪ Progression-free survival Pri

  87. Slide 87: Lunsumio

    Lunsumio (mosunetuzumab, RG7828) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication 2L+ SCT ineligible DLBCL Relapsed or refractory LBCL & MCL Phase III Phase/study Phase Ib/II SUNMO # of patients N=222 N=235 ▪ ARM A: Lunsumio + Polivy Dose escalation of Lunsumio + Po

  88. Slide 88: Polivy

    Polivy (polatuzumab vedotin, RG7596) ADC targeting CD79b to treat B cell malignancies Indication 1L DLBCL Phase III Phase/study POLARIX # of patients N=879 Oncology/Hematology ▪ ARM A: Polivy + R-CHP ▪ ARM B: R-CHOP Design ▪ Progression-free survival Primary endpoint ▪ Data presented at ASH 2021 and

  89. Slide 89: Hemlibra

    Hemlibra (emicizumab, RG6013) Factor VIII mimetic for treatment of hemophilia A Indication Type 3 Von Willebrand disease (VWD) Phase III Phase/study WILL-EMI # of patients N=66 Open-label in participants aged 2 years and above diagnosed with Type 3 von Willebrand disease (VWD) on prior SOC on demand

  90. Slide 90: PiaSky

    PiaSky (crovalimab, RG6107, SKY59) A humanized monoclonal antibody against complement C5 Atypical hemolytic uremic syndrome (aHUS) Atypical hemolytic uremic syndrome (aHUS) Indication - adults - paediatric Phase III Phase III Phase/study COMMUTE-a COMMUTE-p # of patients N=90 N=35 Single-arm study o

  91. Slide 91: Elevidys

    Elevidys (delandistrogene moxeparvovec, RG6356, SRP-9001) rAAVrh74.MHCK7.Micro-dystrophin gene therapy Indication Duchenne muscular dystrophy (DMD) Phase II Phase/study ENVOL # of patients N=13 Neurology Open label single arm study in 2 to <4 year old DMD boys who will receive a single intravenous (

  92. Slide 92: Enspryng

    Enspryng (satralizumab, RG6168, SA237) Anti-IL-6 receptor humanized monoclonal antibody Indication Myelin oligodendrocyte glycoprotein antibody disease (MOGAD) Autoimmune encephalitis (AIE) Phase III Phase III Phase/study METEOROID CIELO # of patients N=152 N=152 ▪ ARM A: Enspryng at weeks 0, 2, 4 (

  93. Slide 93: Evrysdi

    Evrysdi (risdiplam, RG7916) Oral SMN2 splicing modifier Indication Spinal muscular atrophy (SMA) Phase II Phase II Phase/study RAINBOWFISH JEWELFISH # of patients N=25 N=174 ▪ Infants aged from birth to 6 weeks who have been genetically ▪ Adult and pediatric patients with previously treated SMA type

  94. Slide 94: Gazyva

    Gazyva (obinutuzumab, RG7159) Humanized anti-CD20 monoclonal antibody; immunology development program Indication Lupus nephritis Childhood onset idiopathic nephrotic syndrome* Phase III Phase III Phase/study REGENCY INShore # of patients N=252 N=80 ▪ ARM A: Gazyva 1000mg IV (6 doses through Week 52)

  95. Slide 95: Gazyva

    Gazyva (obinutuzumab, RG7159) Humanized anti-CD20 monoclonal antibody; immunology development program Indication Systemic lupus erythematosus (SLE) Membranous nephropathy Phase III Phase III Phase/study ALLEGORY MAJESTY # of patients N=300 N=140 ▪ ARM A: Gazyva 1000mg IV on Day 1 and Weeks 2, 24 and

  96. Slide 96: Lunsumio

    Lunsumio (mosunetuzumab, RG7828, CD20 x CD3) Bispecific anti-CD20/CD3 antibody engaging T and B cells simultaneously Indication Systemic lupus erythematosus (SLE) Phase II Phase/study SOLUNA # of patients N=30 ▪ Single arm Lunsumio SC Immunology Design ▪ Proportion of participants who have achieved

  97. Slide 97: Enspryng

    Enspryng (satralizumab, RG6168, SA237) Anti-IL-6 receptor humanized monoclonal antibody Indication Thyroid eye disease Phase III Phase III Phase/study SatraGO-1 SatraGO-2 # of patients N=120 N=120 ▪ ARM A: Enspryng at weeks 0, 2, 4 (loading doses) and maintenance doses ▪ ARM A: Enspryng at weeks 0,

  98. Slide 98: Susvimo

    Susvimo (PDS, RG6321) First eye implant to achieve sustained delivery of a biologic medicine Indication Wet age-related macular degeneration (wAMD) Phase III Phase II+III extension Phase IIIb Phase/study Archway Portal Velodrome # of patients N=418 N=1,000 N=442 ▪ ARM A: PDS 100mg/mL Q24W ▪ Ex-LADDE

  99. Slide 99: Susvimo

    Susvimo (PDS, RG6321) First eye implant to achieve sustained delivery of a biologic medicine Diabetic retinopathy (DR) without Indication Diabetic macular edema (DME) center-involved diabetic macular edema (DME) Phase III Phase III Phase/study Pagoda Pavilion # of patients N=634 N=174 ▪ ARM A: Intra

  100. Slide 100: Vabysmo

    Vabysmo (faricimab, RG7716) Bispecific antibody for the eye which targets and inhibits two signaling pathways (Ang-2 and VEGF-A) Indication Myopic choroidal neovascularization (CNV) Phase III Phase/study POYANG # of patients n=280 Ophthalmology ▪ ARM A: Vabysmo 6.0 mg Q4W PRN ▪ ARM B: Ranibizumab 0.

  101. Slide 101: Roche Pharma global development programmes

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  102. Slide 102: Roche Pharma global development programmes

    Roche Pharma global development programmes Oncology / Hematology Neurology Immunology Ophthalmology CVRM RG6330 Divarasib RG7845 Fenebrutinib RG6299 Sefaxersen RG6179 Vamikibart RG6640 Enicepatide (CT-388) RG6171 Giredestrant RG7935 Prasinezumab RG6631 Afimkibart RG6652 CT-996 RG6596 HER2 TKI RG6042

  103. Slide 103: Divarasib

    Divarasib (KRAS G12C inhibitor, RG6330, GDC-6036) A potent, orally available, and selective inhibitor of the KRAS G12C mutant protein Indication 1L NSCLC 2L NSCLC 1L NSCLC Phase Ib/II Phase III Phase III Phase/study KRASCENDO 170 KRASCENDO 1 KRASCENDO 2 # of patients N=320 N=320 N=600 ▪ Cohort A: Co

  104. Slide 104: Giredestrant

    Giredestrant (SERD (3), RG6171, GDC-9545) A selective estrogen receptor degrader or downregulator ET resistant ER+/HER2-negative breast cancer Indication Adjuvant ER-positive breast cancer (BC) 1L ER-positive metastatic breast cancer (mBC) (BC) Phase III Phase III Phase III Phase/study lidERA Breast

  105. Slide 105: Giredestrant

    Giredestrant (SERD (3), RG6171, GDC-9545) A selective estrogen receptor degrader or downregulator Indication post-CDK4/6 ER-positive/HER2-negative breast cancer (BC) 1L ER-positive/HER2-positive breast cancer (BC) Phase III Phase III Phase/study evERA heredERA # of patients N=373 N=812 Oncology/Hema

  106. Slide 106: HER2 TKI (ZN-1041)

    HER 2 TKI (ZN-1041, RG6596) Oral blood-brain barrier penetrant HER2 TKI Indication 2L+ HER2+ mBC Phase II/III Phase/study BREnnA # of patients N=650 Oncology/Hematology ▪ ARM A: ZN-1041 dose 1 + trastuzumab + capecitabine ▪ ARM B: ZN-1041 dose 2 + trastuzumab + capecitabine Design ▪ ARM C: tucatinib

  107. Slide 107: Cevostamab

    Cevostamab (RG6919) Bispecific anti-FcRH5/CD3 antibody Indication 2-4L relapsed/refractory multiple myeloma Phase III Phase/study CEVOLUTION # of patients N=380 Oncology/Hematology ▪ ARM A: Cevostamab + Pd ▪ ARM B: SoC (DPd, PVd, EPd) Design ▪ MRD-neg CR at 9 mo Primary endpoint ▪ PFS IRC-assessed ▪

  108. Slide 108: Zemocimig (NXT007)

    Zemocimig (NXT007, RG6512) Bispecific antibody which targets Factor IXa and Factor X Indication Hemophilia A Phase I/II Phase/study Phase III (ZEBRHA 1) Phase III (ZEBRHA 2) (multiple-ascending dose) # of patients N=40 N=126 N=360 Oncology/Hematology ▪ Two loading doses of NXT007 SC ▪ H2H vs Factor

  109. Slide 109: Dirloctocogene Samoparvovec

    Dirloctocogene Samoparvovec (SPK-8011QQ; RG6797) Gene therapy for Hemophilia A Indication Moderately severe to severe Hemophilia A (>18yrs) Phase/study Phase IIb # of patients N=5 Oncology/Hematology ▪ Participants will receive an IV infusion of dirloctocogene samoparvovec on day 1 Design ▪ Safety P

  110. Slide 110: Fenebrutinib

    Fenebrutinib (RG7845, GCD-0853) Highly selective and reversible (noncovalent) bruton tyrosine kinase Indication Relapsing multiple sclerosis (RMS) Phase III Phase III Phase II (Biomarker study) Phase/study FENhance 1 FENhance 2 FENopta # of patients N=746 N=751 N=109 ARM A: Fenebrutinib twice daily

  111. Slide 111: Fenebrutinib

    Fenebrutinib (RG7845, GCD-0853) Highly selective and reversible (noncovalent) bruton tyrosine kinase Indication Primary progressive multiple sclerosis (PPMS) Phase III Phase/study FENtrepid # of patients N=985 Neurology ▪ ARM A: Fenebrutinib twice daily oral ▪ ARM B: Ocrevus 2x300mg IV Q24W Design ▪

  112. Slide 112: Prasinezumab

    Prasinezumab (anti-αSynuclein; RG7935) Anti-alpha-synuclein antibody under investigation for Parkinson’s disease Indication Early-stage Parkinson's disease PASADENA PADOVA PARAISO Phase/study Phase II Phase IIb Phase III # of patients 316 586 N=900 ▪ PART 1: ▪ ARM A: Prasinezumab IV Q4W ▪ ARM A: Pra

  113. Slide 113: Trontinemab

    Trontinemab (BS-anti-Aβ mAb, RG6102) A novel BrainshuttleTM bispecific 2+1 monoclonal antibody targeting Aβ Prodromal or mild to moderate Alzheimer's Indication Early Alzheimer's Disease Disease Phase III Phase III Phase/study Phase I/II TRONTIER 1 TRONTIER 2 # of patients N=210 N=800 N=800 Neurolog

  114. Slide 114: Sefaxersen

    Sefaxersen (ASO factor B, RG6299) Antisense oligonucleotide that targets factor B Indication IgA nephropathy (IgAN) Phase III Phase/study IMAGINATION # of patients N=428 ▪ ARM A: Sefaxersen SC at week 1, 3, 5 following Q4W dosing for 104 weeks ▪ ARM B: Placebo Immunology Design ▪ Change in UPCR at w

  115. Slide 115: Afimkibart

    Afimkibart (anti-TL1A, RG6631) A monoclonal antibody targeting TL1A, blocking TH1 and TH17 pathways Indication Moderate to severe ulcerative colitis Moderate to severe ulcerative colitis Phase III Phase III Phase/study AMETRINE-1 AMETRINE-2 # of patients N=400 N=350 ▪ ARM A: Afimkibart IV induction

  116. Slide 116: Afimkibart

    Afimkibart (anti-TL1A, RG6631) A monoclonal antibody targeting TL1A, blocking TH1 and TH17 pathways Indication Moderate to severe Crohn's Disease Phase III Phase III Phase/study SIBERITE-1 SIBERITE-2 # of patients N=600 N=425 ▪ Treat-through design with no re-randomization after induction ▪ Inductio

  117. Slide 117: Afimkibart

    Afimkibart (anti-TL1A, RG6631) A monoclonal antibody targeting TL1A, blocking TH1 and TH17 pathways Metabolic Dysfunction-associated Indication Atopic dermatitis Rheumatoid Arthritis (RA) Steatohepatitis (MASH) Phase II Phase Ib Phase IIb Phase/study VELARITE FIBROLITE dRAvite # of patients N=160 N=

  118. Slide 118: Vamikibart

    Vamikibart (anti-IL-6, RG6179) A monoclonal antibody that potently binds interleukin-6 (IL-6) cytokine Indication Uveitic macular edema (UME) Phase III Phase III Phase/study MEERKAT SANDCAT # of patients N=225 N=225 ARM A: Vamikibart low-dose Q4W to week 12, followed by PRN ARM A: Vamikibart low-dos

  119. Slide 119: Enicepatide

    Enicepatide (CT-388, RG6640) Once-weekly subcutaneous injectable dual GLP-1/GIP receptor agonist Indication Overweight/obesity without type 2 diabetes Phase/study Phase II Phase III Enith 1 # of patients N=450 N=2000 ▪ enicepatide (low/med/high dose) vs. placebo ▪ Arm 1: Placebo Arm 2: CT-388 dosing

  120. Slide 120: Enicepatide

    Enicepatide (CT-388, RG6640) Once-weekly subcutaneous injectable dual GLP-1/GIP receptor agonist Indication Overweight/obesity with type 2 diabetes Phase/study Phase II Phase III Enith 2 # of patients N=360 N=1600 ▪ enicepatide (low/med/high dose) vs. placebo ▪ Arm 1: Placebo Arm 2: Enicepatide dosi

  121. Slide 121: CT-996

    CT-996 (GLP-1 RA, RG6652) Once-daily oral small molecule GLP-1 receptor agonist Overweight/obesity with or without type 2 Indication Obesity without type 2 diabetes Glycaemic control trial with T2D participants diabetes Phase/study Phase I Phase II Phase II # of patients N=118 N=340 N=240 Cardiovasc

  122. Slide 122: Emugrobart

    Emugrobart (RG6237, GYM 329) Recycling and antigen-sweeping monoclonal anti-latent myostatin antibody Indication Obesity Phase II Phase/study Phase Ib GYMINDA # of patients N=30-36 N=234 ▪ Cohort A (n=15-18): Single dose emugrobart 50mg SC ▪ 48w DB Tx period: ▪ Cohort B (n=15-18): Multiple dosing 18

  123. Slide 123: Pegozafermin

    Pegozafermin (RG6881) Fibroblast growth factor 21 (FGF21) analog Indication MASH F2-F3 MASH with compensated cirrhosis (F4) Phase III Phase III Phase/study ENLIGHTEN-Fibrosis ENLIGHTEN-Cirrhosis # of patients N=1050 N=762 ▪ ARM A: Placebo ▪ ARM A: Placebo ▪ ARM B: Pegozafermin 30mg QW ▪ ARM B: Pegoz

  124. Slide 124: Roche Pharma research and early development (pRED)

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  125. Slide 125: pRED oncology, neurology development programs

    pRED oncology, neurology development programs Molecule Indication Phase # of patients Status CT Identifier Oncology CEA212Pb PRIT (RG6375)1 metastatic Colorectal Cancer (mCRC) I 160 FPI expected Q3 2026 NCT07416552 PanRAS inhibitor (RG6505) solid tumors I 345 FPI Q2 2025 NCT06884618 Neurology ISRCTN

  126. Slide 126: pRED immunology, ophthalmology and CVRM development programs

    pRED immunology, ophthalmology and CVRM development programs Molecule Indication Phase # of patients Status CT Identifier Immunology NME (RG6498) IBD I FPI Q1 2026 anti-TSLP:IL33 (RG6981)1 COPD/Asthma I 120 FPI Q1 2026 ISRCTN22936350 Ophthalmology VEGF x IL6 DutaFab FPI Q4 2022 NCT06847854 DME I 176

  127. Slide 127: Genentech research and early development (gRED)

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  128. Slide 128: gRED oncology development programs

    gRED oncology development programs Molecule Indication Phase # of patients Status CT Identifier Oncology autogene cevumeran NCT05968326 (Individualized Neoantigen-Specific adjuvant PDAC II 260 FPI Q4 2023 (IMcode003) Therapy (iNeST); RG6180)1 CDK4/2i (RG6794, GDC-4198) HR+ HER2- Breast cancer Ib/II

  129. Slide 129: gRED neurology, immunology, ophthalmology development programs

    gRED neurology, immunology, ophthalmology development programs Molecule Indication Phase # of patients Status CT Identifier Immunology TMEM16A potentiator (RG6421, muco-obstructive respiratory disease Ic 128 FPI Q4 2024 NCT06603246 GDC-6988) NCT06979336 p40 x TL1A bispecific (RG6730)1 ulcerative col

  130. Slide 130: Pharma sales appendix

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  131. Slide 131: HY 2026: Pharma Division sales

    HY 2026: Pharma Division sales Top 20 products Global US Europe Japan International CHFm % CER CHFm % CER CHFm % CER CHFm % CER CHFm % CER Ocrevus 3,470 7 2,300 2 758 10 - - 412 30 Hemlibra 2,492 11 1,313 9 502 4 171 9 506 26 Vabysmo 2,059 8 1,333 1 386 5 75 26 265 65 Tecentriq 1,704 6 815 9 410 -3

  132. Slide 132: HY 2026: Pharma Division sales

    HY 2026: Pharma Division sales Products launched since 2015 Global US Europe Japan International CHFm % CER CHFm % CER CHFm % CER CHFm % CER CHFm % CER Cotellic 23 2 11 7 5 -9 - - 7 2 Alecensa 795 6 261 4 126 -4 93 8 315 13 Tecentriq 1,704 6 815 9 410 -3 146 -2 333 17 Ocrevus 3,470 7 2,300 2 758 10

  133. Slide 133: HY 2026: Pharma Division sales

    HY 2026: Pharma Division sales Product sales Pharmaceuticals Division Global US Europe Japan International CHFm % CER CHFm % CER CHFm % CER CHFm % CER CHFm % CER Ocrevus 3,470 7 2,300 2 758 10 - - 412 30 Hemlibra 2,492 11 1,313 9 502 4 171 9 506 26 Vabysmo 2,059 8 1,333 1 386 5 75 26 265 65 Tecentri

  134. Slide 134: Pharma Division CER sales growth in %

    Pharma Division CER sales growth in % Global top 20 products Q1/25 Q2/25 Q3/25 5 Q4/25 Q1/26 Q2/26 Ocrevus 6 10 6 16 6 7 Hemlibra 11 22 4 8 13 9 Vabysmo 18 19 4 7 13 3 Tecentriq 0 -1 4 8 4 9 Xolair 26 41 34 26 26 28 Perjeta -10 -14 -14 -13 -11 -3 Phesgo 52 57 51 34 27 9 Actemra / RoActemra -1 8 -2 -

  135. Slide 135: Pharma Division CER sales growth in %

    Pharma Division CER sales growth in % Top 20 products by region US Europe Japan International Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Ocrevus 1 17 3 2 12 14 9 11 - - - - 35 11 24 37 Hemlibra -1 6 15 4 14 12 5 3 11 5 18 3 9 18 14 39 Vabysmo -4 -1 4 -2 9 13 0 10 17 15 39 16 111 118 126 24 Tece

  136. Slide 136: HY 2026: CER sales growth (%)

    HY 2026: CER sales growth (%) Quarterly development 2025 vs. 2024 2026 vs. 2025 Q1 Q2 Q3 Q4 Q1 Q2 Pharma Division 8 11 7 9 7 6 United States 6 13 5 9 5 7 Europe 5 5 5 7 -1 3 Japan 3 7 6 4 14 9 International 18 11 11 16 16 4 Diagnostics Division 0 0 2 6 3 4 Roche Group 6 8 6 8 6 5 0 CER: Constant exc

  137. Slide 137: Ocrevus

    Ocrevus Global sales CER growth Regional sales CER growth CHFbn +7% 4.0 US +2% 3.5 3.0 Europe +10% 2.5 2.0 1.5 1.0 International +30% 0.5 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 3,470m ▪ US: Moving into earlier lines displacing orals; SC launch ongoing; #1 in US for both dynamic and

  138. Slide 138: Hemlibra

    Hemlibra Global sales CER growth Regional sales CER growth CHFbn +11% 3.0 US +9% Europe +4% 2.5 2.0 Japan +9% 1.5 1.0 International +26% 0.5 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 2,492m ▪ US: Continued share gains in non-inhibitor patients ▪ EU: Continued share gains in non-inhibi

  139. Slide 139: Vabysmo

    Vabysmo Global sales CER growth Regional sales CER growth CHFbn +8% 2.5 US +1% 2.0 Europe +5% 1.5 1.0 Japan +26% International +65% 0.5 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 2,059m ▪ US: Sales impacted by branded market contraction, continued market share expansion in branded IVT

  140. Slide 140: Tecentriq

    Tecentriq Global sales CER growth Regional sales CER growth CHFbn +6% 2.0 US +9% Europe -3% 1.5 Japan -2% 1.0 International +17% 0.5 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 1,704m ▪ US: Growth driven by new indications ▪ EU: Growth impacted by buying patterns in Q1 ▪ International:

  141. Slide 141: Xolair

    Xolair Global sales CER growth Regional sales CER growth CHFbn +27% 1.8 1.6 1.4 US +27% 1.2 1.0 0.8 0.6 0.4 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 1,673m ▪ US: Strong food allergy launch as key growth driver; Strong CSU performance driving additional growth CER: Constant exchan

  142. Slide 142: Perjeta

    Perjeta Global sales CER growth Regional sales CER growth CHFbn -7% 2.5 US -11% Europe -14% 2.0 Japan -23% 1.5 1.0 International 0% 0.5 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 1,389m ▪ US: Increasing conversion to Phesgo ▪ EU: Conversion to Phesgo ▪ Japan: Conversion to Phesgo ▪ Int

  143. Slide 143: Phesgo

    Phesgo Global sales CER growth Regional sales CER growth CHFbn +18% 1.4 US 0% 1.2 Europe +9% 1.0 0.8 Japan +15% 0.6 0.4 International +47% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 1,318m ▪ US: Increasing conversion rates from Perjeta+Herceptin to Phesgo ▪ EU: Strong growth in all

  144. Slide 144: Actemra/RoActemra

    Actemra/RoActemra ra / RoActemra Global sales CER growth Regional sales CER growth CHFbn -9% 1.4 US -9% 1.2 Europe -21% 1.0 Japan +8% 0.8 0.6 0.4 International -3% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 1,074m ▪ US: Decline due to biosimilars ▪ EU: Decline due to biosimilars ▪

  145. Slide 145: Evrysdi

    Evrysdi Global sales CER growth Regional sales CER growth CHFbn +17% 1.2 US +15% Europe +17% 1.0 0.8 Japan -1% 0.6 0.4 International +25% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 968m ▪ US: Strong uptake across all patient segments; including treatment-naïve patients ▪ EU: Contin

  146. Slide 146: Kadcyla

    Kadcyla Global sales CER growth Regional sales CER growth CHFbn -6% US -14% 1.2 Europe -4% 1.0 0.8 Japan +2% 0.6 0.4 International +3% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 916m ▪ US: Impacted by competition in metastatic BC ▪ EU: Share decline in metastatic BC due to competit

  147. Slide 147: Polivy

    Polivy Global sales CER growth Regional sales CER growth CHFbn +20% 1.0 US +28% Europe -18% 0.8 Japan +16% 0.6 0.4 International +47% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 808m ▪ US: Strong growth following approval in 1L DLBCL ▪ EU: Strong growth following approval in 1L DLBC

  148. Slide 148: Alecensa

    Alecensa Global sales CER growth Regional sales CER growth CHFbn +6% 1.0 US +4% Europe -4% 0.8 Japan +8% 0.6 0.4 International +13% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 795m ▪ US: Strong position in 1L ALK+ NSCLC is maintained; competitive pressure in 1L ▪ EU: Strong position

  149. Slide 149: MabThera/Rituxan

    MabThera/Rituxan Global sales CER growth Regional sales CER growth CHFbn +5% 1.0 US +14% 0.9 0.8 Europe -9% 0.7 Japan -11% 0.6 0.5 0.4 0.3 International -10% 0.2 0.1 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 609m ▪ US: Biosimilar erosion slowing; HY boosted by 2025 base effect ▪ EU: B

  150. Slide 150: TNKase/Activase

    TNKase/Activase Global sales CER growth Regional sales CER growth CHFbn +11% 0.7 0.6 0.5 US +11% 0.4 0.3 0.2 International +12% 0.1 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 555m ▪ Spontaneous TNKase use in AIS early time window; Q2 boosted by one-off buying pattern CER: Constant exch

  151. Slide 151: Gazyva

    Gazyva Global sales CER growth Regional sales CER growth CHFbn +7% 0.6 US +4% Europe -1% 0.5 0.4 Japan +14% 0.3 0.2 International +21% 0.1 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 489m ▪ US: Increasing competitive pressure in CLL and FL; Ongoing launch in LN ▪ EU: Growth in 1L CLL pa

  152. Slide 152: Herceptin

    Herceptin Global sales CER growth Regional sales CER growth CHFbn -12% 1.0 US -14% Europe -7% 0.8 Japan -36% 0.6 0.4 International -14% 0.2 0.0 HY 2023 HY 2024 HY 2025 HY 2026 HY 2026 sales of CHF 462m ▪ US: Biosimilar erosion slowing; Switching of patients with residual disease to Kadcyla; Conversi

  153. Slide 153: Diagnostics sales appendix

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  154. Slide 154: HY 2026: Diagnostics Division CER growth

    HY 2026: Diagnostics Division CER growth By Region and Customer Area (vs. 2025) Global EMEA North America Asia-Pacific Latin America CHFm % CER CHFm % CER CHFm % CER CHFm % CER CHFm % CER Core Lab Core Lab 3,756 4 1,520 6 799 12 1,076 -5 361 11 Molecular Lab 1,196 3 343 5 646 4 159 -6 48 6 Near Pati

  155. Slide 155: HY 2026: Diagnostics Division quarterly sales and CER growth

    HY 2026: Diagnostics Division quarterly sales and CER growth1 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 CHFm % CER CHFm % CER CHFm % CER CHFm % CER CHFm % CER Core Lab 1,935 -3 1,849 0 1,926 6 1,798 4 1,958 5 Molecular Lab 616 3 611 5 666 6 571 0 625 6 Near Patient Care 482 0 459 -5 506 -2 465 -5 444 -5 Patholo

  156. Slide 156: HY 2026: Diagnostics Division regional sales

    HY 2026: Diagnostics Division regional sales Growth across regions, offset by APAC Sales YTD CHFm / % of total sales Total CHFm = 6,735 (3% at CER) +228 Growth at CER % -86 536 / EMEA +3 +49 8% +181 North America +8 1,522 / 22% of which US +8 2,466 / 37% Asia-Pacific -5 1 of which China -15 +84 2,21

  157. Slide 157: Core Lab

    Core Lab 2026 vs. 2025 CER growth CHFbn +4% 4.5 4.0 0% 3.5 +7% 3.0 +4% 2.5 2.0 1.5 1.0 0.5 0.0 HY 2024 HY 2025 HY 2026 Immunodiagnostics Clinical Chemistry Other CER: Constant exchange rates (avg. full year 2025) 157

  158. Slide 158: Molecular Lab

    Molecular Lab 2026 vs. 2025 CER growth CHFbn +3% 1.4 +5% 1.2 -52% 1.0 +8% 0.8 +6% 0.6 -8% -3% 0.4 -1% 0.2 +7% 0.0 HY 2024 HY 2025 HY 2026 Infectious Diseases Blood Screening MD Systems Open Molecular Systems Cervical Cancer Sequencing ML Companion Diagnostics Other CER: Constant exchange rates (avg.

  159. Slide 159: Near Patient Care

    Near Patient Care 2026 vs. 2025 CER growth CHFbn -5% 1.2 -42% 1.0 -20% 0.8 +3% -3% 0.6 -4% 0.4 -8% 0.2 0.0 HY 2024 HY 2025 HY 2026 Clinical Chem. & Immunodiagn. Hospital Glucose Coagulation & Urinalysis BGM POC MDx Other CER: Constant exchange rates (avg. full year 2025); BGM: Blood Glucose Monitori

  160. Slide 160: Pathology Lab

    Pathology Lab 2026 vs. 2025 CER growth CHFbn +11% 1.0 +45% 0.8 +24% +9% 0.6 +7% 0.4 0.2 0.0 HY 2024 HY 2025 HY 2026 Advanced Staining Primary Staining PL Companion Diagnostics Other CER: Constant exchange rates (avg. full year 2025); PL: Pathology Lab 160

  161. Slide 161: Foreign exchange rates information

    Roche Group development pipeline Marketed products development programmes Roche Pharma global development programmes Roche Pharma research and early development (pRED) Genentech research and early development (gRED) Pharma sales appendix Diagnostics sales appendix Foreign exchange rates information

  162. Slide 162: Exchange rate impact on sales growth

    Exchange rate impact on sales growth Negative impact mainly driven by the USD, JPY, EUR, ARS (LATAM), CNY (APAC) and TRY (Other) -0.4%p -0.7%p CER +5.6% CHF sales growth sales growth -4.6%p 2026 2026 vs. vs. 2025 2025 -0.2%p -0.8%p -1.9% -0.8%p CER EUR APAC USD LATAM JPY Other CHF CER: Constant exch

  163. Slide 163: CHF/USD

    CHF/USD Monthly averages 0.95 0.85 -11% -2% 0.75 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025 2026 Year-to-date averages 0.95 0.85 -13% -9% 0.75 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025 2026 163

  164. Slide 164: CHF/USD

    CHF/USD 0.95 HY 2026 -5% 0.93 0.91 0.89 0.87 0.85 0.83 0.81 0.79 0.77 0.75 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec avg. full year 2025 avg. full year 2026 monthly avg. 2025 monthly avg. 2026 164

  165. Slide 165: CHF/EUR

    CHF/EUR Monthly averages 1.00 0.95 0.90 -5% -2% 0.85 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025 2026 Year-to-date averages 1.00 0.95 0.90 -3% -2% 0.85 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025 2026 165

  166. Slide 166: CHF/EUR

    CHF/EUR 0.96 HY 2026 -2% 0.95 0.94 0.93 0.92 0.91 0.90 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec avg. full year 2025 avg. full year 2026 monthly avg. 2025 monthly avg. 2026 166

  167. Slide 167: Average CHF exchange rates

    Average CHF exchange rates HY 2026 HY 2025 HY 2026 vs. HY 2025 USD 0.79 0.86 -9% EUR 0.92 0.94 -2% JPY 0.50 0.58 -14% -18% -15% -12% -9% -6% -3% 0% 167

  168. Slide 168: Exchange rate impact on sales growth

    Exchange rate impact on sales growth HY 2026: Negative impact of JPY, USD, CNY, and EUR Development of average exchange rates versus prior year period Q1 HY YTD Sep FY CHF / USD -12.9% -8.9% CHF / EUR -3.0% -2.5% CHF / JPY -15.3% -14.3% CHF / CNY -8.3% -3.6% Difference in CHF / CER -10.6%p -7.5%p gr

  169. Slide 169: Exchange rate impact on sales growth

    Exchange rate impact on sales growth HY 2026: Negative impact of JPY, USD and EUR Development of average exchange rates versus prior year period Q1 Q2 Q3 Q4 CHF / USD -12.9% -4.5% CHF / EUR -3.0% -1.9% CHF / JPY -15.3% -13.3% CHF / CNY -8.3% 1.5% Difference in CHF / CER -10.6%p -4.4%p growth 6.0% 5.

  170. Slide 170: Doing now what patients need next

    Doing now what patients need next

Roche — H1 2026 Earnings Presentation on 6ix