Rezolute, Inc. · NASDAQ:RZLT

Rezolute — Investor Presentation (November 2025)

29 slides from Rezolute's investor presentation, November 2025

  1. Slide 1: A Late-stage Rare Disease Company Treating Hyperinsulinism

    A Late-stage Rare Disease Company Treating Hyperinsulinism Corporate Presentation

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation, like many written and oral communications presented by Rezolute and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act and S

  3. Slide 3: A Rare Disease Company Treating Hyperinsulinism

    A Rare Disease Company Treating Hyperinsulinism​ ​ RZ358 (ersodetug) is Two rare disease Compelling real- Total $1B+ global Seasoned an antibody Phase 3 programs world evidence of market opportunity management team designed to treat evaluating patient benefit with additional with demonstrated hypogl

  4. Slide 4: Two Phase 3 Indications Targeting Hyperinsulinism

    Two Phase 3 Indications Targeting Hyperinsulinism IND- Next Milestone Program Target Phase 1 Phase 2 Phase 3 Enabling Milestone Expected Congenital December Ersodetug Topline data Hyperinsulinism 2025 Tumor Ersodetug Topline data 2H 2026 Hyperinsulinism @2025 Rezolute, Inc. All Rights Reserved. 4

  5. Slide 5: Ersodetug

    Ersodetug Treatment for Hyperinsulinism (HI)

  6. Slide 6: Hypoglycemia as a Result of HI

    Hypoglycemia as a Result of HI​ Hypoglycemia o Severe, persistent, life-threatening complication of over activation of the insulin receptor o Consequence of multiple forms of HI o Lack of effective treatment options congenital HI tumor HI Rare pediatric genetic disease Rare disease caused by tumors

  7. Slide 7: Antibody Designed to Treat All Forms of HI

    Antibody Designed to Treat All Forms of HI​ • Fully human monoclonal antibody with GLUCOSE a novel mechanism acting downstream INSULIN or IGF-2 from production source (e.g. pancreas)​ • Allosterically binds to the insulin Ersodetug receptor to counteract excess signaling Increases by insulin or rela

  8. Slide 8: Congenital HI

    Congenital HI

  9. Slide 9: Disease Background

    Disease Background • 1 in 22,000 live births in the US1, translating to approximately 165 new patients per year​ • Often presents within first month of life​ • Most common cause of persistent hypoglycemia in infants and children​ • Requires constant monitoring as serious hypoglycemic lows are often

  10. Slide 10: Inadequate Standard of Care

    Inadequate Standard of Care • Diazoxide (DZ) is first line treatment and the only approved medication for hypoglycemia caused by HI​ • 60% of patients do not respond to DZ​ • May experience frequent and serious adverse reactions including volume overload, heart failure, and pulmonary hypertension​ •

  11. Slide 11: Therapies in Development

    Therapies in Development Asset​ Mechanism​ Stage​ Dosing​ HI Indication​ Clinical Barriers​ Insulin receptor IV1, once Congenital, Ersodetug Phase 3 N/A allosteric monthly Tumor, PBH2 modulator •Utility in chronic use unproven; Dasiglucagon​ Glucagon Continuous Phase 3​ Congenital​ likely need to co

  12. Slide 12: Ongoing Phase 3: The sunRIZE Study

    Ongoing Phase 3: The sunRIZE Study • Global, multi-center, double-blind, randomized, controlled, safety and efficacy registrational study​ • Patient population (n=56)​ • Ages 3 months + who do not have adequate glycemic control with SOC medical management • Primary endpoint: change in average number

  13. Slide 13: sunRIZE: Patient Demographics

    sunRIZE: Patient Demographics • Inclusion criteria​ • Age: ≥3m-45y​ • Patients on SOC medications* and/or nutritional supplementation:​ • ≥2 months of stable treatment • OR had previously discontinued SOC medication due to adverse effects and/or failure to respond • Persistent hypoglycemia​ • Baseli

  14. Slide 14: Phase 2b RIZE Study Results

    Phase 2b RIZE Study Results ​ • 23 participants​ • Average age ~6.5 (16 participants were between 2-6 years of age)​ • Diverse group across gender and genetics​ • ~20% average daily time in hypoglycemia and 13 hypoglycemia events per week at baseline​ • Participants were on standard of care​ • Predi

  15. Slide 15: Substantial Improvement in All Hypoglycemia Metrics

    Substantial Improvement in All Hypoglycemia Metrics​ Pooled 6 and 9 mg/kg dose levels representative of Phase 3 population and dosing​ Hypoglycemia (<70 mg/dL) Severe Hypoglycemia (<50 mg/dL) Event Rate by BGM (N=15∧) Time by CGM [N=15∧] Event Rate by BGM (N=15∧) Time by CGM [N=15∧] p < 0.0005 p< 0.

  16. Slide 16: Compelling Patient Responses

    Compelling Patient Responses Average Daily Time in Hypoglycemia ~40% On Treatment RZ358 6 mg/kg 2-Year-Old on SSA 93% Improvement Average Daily Time in Hypoglycemia ~45% On Treatment RZ358 9 mg/kg 50 40 Hypoglycemia 6-Year-Old; % Time 30 Failed meds, 20 pancreatectomy 10 0 Baseline End of Treatment

  17. Slide 17: ~1,500 Initially Addressable Pediatric Patients in U.S.

    ~1,500 Initially Addressable Pediatric Patients in U.S. Verified in the claims database1 • Hypoglycemia + SOC congenital HI medical therapies* 3,000 Initial market after removing ~40% DZ responsive patients 1,800 Initial market after removing ~5% patients who have 1,650 had surgery over the previous

  18. Slide 18: Tumor HI

    Tumor HI

  19. Slide 19: Disease Background

    Disease Background • Hypoglycemia caused by two distinct tumor types:​ • Islet Cell Tumors (ICT) • Excessive secretion of insulin • Malignant insulinomas are the most common ICTs that cause hypoglycemia • Non-Islet Cell Tumors (NICT) • Produce and secrete insulin-like substances such as IGF-2 that o

  20. Slide 20: Treatment Options and Unmet Need

    Treatment Options and Unmet Need • Tumor-directed therapies do not directly treat hypoglycemia • Adequate hypoglycemia management is required prior to initiation of tumor-targeted therapies • Therapies to treat malignant insulinoma are often ineffective or poorly tolerated • Diazoxide (DZ) is the on

  21. Slide 21: Real-world Patient Benefit in Expanded Access Program of Ersodetug

    Real-world Patient Benefit in Expanded Access Program of Ersodetug • Multiple tumor HI patients with severe refractory hypoglycemia​ • Hospitalized and in life-threatening or hospice-bound condition​ • Required continuous high volume/concentration intravenous dextrose or nutritional infusion​ • Tumo

  22. Slide 22: Phase 3: The upLIFT Study

    Phase 3: The upLIFT Study • Global, multi-center, single-arm, open-label registrational study​ • Patient population (n=~16)​ • Adult ICT and NICT patients with HI who have not achieved adequate hypoglycemia control with SOC therapies • Primary endpoint: number of participants achieving ≥50% reductio

  23. Slide 23: ~1,500 Initially Addressable Malignant Insulinoma Patients in U.S.

    ~1,500 Initially Addressable Malignant Insulinoma Patients in U.S. Malignant insulinoma patients identified in claims 3,000 (includes two or more C25.4 or E31.21+) ~40% patients refractory to surgery and medical management 1,200 including DZ Initial commercial effort: refractory patient population a

  24. Slide 24: ~1,500 Initially Addressable NICTH Patients in U.S.

    ~1,500 Initially Addressable NICTH Patients in U.S. Severe NICTH patients identified in claims* 6,000 (Tumor Diagnosis + Hypoglycemia + Steroids + Hospitalization) ~40% patients refractory to SOC (tumor-directed and/or steroids) and requiring hospital stays + IV glucose* 2,400 Initial commercial eff

  25. Slide 25: Combined Commercial Opportunity

    Combined Commercial Opportunity

  26. Slide 26: Weight-based Dosing Applies to Both Indications

    Weight-based Dosing Applies to Both Indications Tumor HI patients require ~3X more vials compared to congenital HI patients • Each vial is 80 mg/mL • Congenital HI maintenance dose: 10 mg/kg • Pediatric patient average weight: ~24 kg • Patients will use 3 vials per infusion • 39 vials per year per p

  27. Slide 27: Initial Combined U.S. Market Opportunity: 4,500 Patients

    Initial Combined U.S. Market Opportunity: 4,500 Patients • Congenital HI Market • Pediatric ultra-rare disease pricing • Lead indication establishes clinical effectiveness and payer access pathway for ersodetug in HI • Addressable market of ~1,500 pediatric patients • Tumor HI Market • Malignant Ins

  28. Slide 28: A Rare Disease Company Treating Hyperinsulinism

    A Rare Disease Company Treating Hyperinsulinism​ ​ Mission-driven to RZ358 (ersodetug) is Compelling real- Total $1B+ global improve outcomes an antibody world evidence of market opportunity for individuals with designed to treat patient benefit with additional severe hypoglycemia under the upside t

  29. Slide 29: Rezolutebio.com

    € Rezolutebio.com

Rezolute — Investor Presentation (November 2025) on 6ix