Amy Lin, Ph.D. November 14, 2018

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PD L1 checkpoint blockade using a single chain variable fragment targeting PD L1 delivered by retroviral replicating vector (Toca 521) enhances anti tumor effect in murine cancer models Amy Lin, Ph.D. November 14, 2018 3rd CNS Anticancer Drug Discovery and Development Conference

Novel Retroviral Replicating Vector (RRV) Platform: Selective infection, spread and persistence in cancer cells RRVs infect immune deficient cancer cells but not normal cells with intact immune systems Does not initially activate immune system, enabling viral spread Brain tumor with RRV stained brown (infected) Normal brain cells not stained brown (uninfected) Cancer cell interferon pathway genetic defects reduce anti retroviral resistance and Virus only infects replicating cells Safety data in 127 patients supports selectivity of platform Non lytic RRV budding from infected cell Absence of vector insertion site clonality supports safety 2 Ostertag et al., 2012, Hogan et al., 2018

Tocagen Pipeline Summary of Current Clinical Development Plan Candidate Indication Discovery Preclinical Phase 1 Phase 2 Phase 3 Toca 511 & Toca FC Recurrent high grade glioma Advanced solid tumors (CRC, Melanoma, Pancreatic, Lung & Breast) Data updates anticipated 2018 and 2019 2 nd interim analysis projected 1H 2019 and final analysis by end 2019 Newly diagnosed high grade glioma Advancing in 2018 Toca 521 (Anti PD L1) Oncology: Solid tumors Advancing into IND enabling studies 2H 2018 3

Tumor Microenvironment in Glioblastoma Glioblastoma is a highly immunosuppressive tumor associated with extensive molecular heterogeneity Glioblastoma has few infiltrating T cells with exhaustion phenotype and low number of somatic mutations (cold tumor) CheckMate 143: Nivolumab did not demonstrate an improved OS compared with bevacizumab in pts with recurrent GBM Modified from Lim et al., 2018 4

Toca 521: A Next Generation Checkpoint Inhibitor Rationale of RRV Expressing Single Chain Variable Fragment Targeting PD L1 (scfv PD L1) PD 1 and PD L1 are both validated therapeutic targets in cancer patients scfvpd L1 expression from RRV is as effective or better than PD1/L 1 mab in several tumor models Potentially fewer toxicity vs mab due to targeted nature of scfv PD L1 production within the tumor Potential higher accessibility of the target within the tumor vs mab 5

Toca 521 Encodes a New RRV Configuration Expressing Single Chain Variable Fragment Targeting PD L1 (scfv PD L1) CMV R U5 ψ gag pol Env 2A scfv U3 R U5 Used for in vivo studies Used for in vitro characterization scfv scfv HF V H GS V L V H GS V L H F Signal peptide H = His tag F = Flag tag 6 Lin et al., ASGCT 2018

Secreted scfv PD L1 Expressed from Toca 521 Infected CT26 Tumor Cells Competes with PD 1 Binding to PD L1 7

Secreted scfv PD L1 Expressed from Toca 521 Infected Cells Binds Cell Surface PD L1 of Cells Expressing the scfv PD L1 as Well as Bystander Tumor Cells naive GFP scfv HA (5/95) (10/90) (50/50) (scfv PD L1/GFP)* 8 * EMT6/RRV scfv PDL1; EMT6/RRV GFP GFP

Toca 521 Shows Anti tumor Activity in GL261 Orthotopic Glioma Model with High Tumor Mutational Burden IV infusion of immune CPI antibodies Intratumoral delivery of scfv PD L1 by RRV Time course for PD-L1 treatment Time course for PD-L1 treatment 9

Toca 521 Shows Anti tumor Activity and Memory Response in Tu2449 Orthotopic Glioma Model with Low Tumor Mutational Burden Time course for PD-1 treatment 10

scfv PD L1 Level in Sera of Tumor Bearing Mouse Models is Significantly Lower Than Sera of Human Patients Treated with Approved CPI Antibodies Subcutaneous Tumor Model Day 15 Day 21 Intracranial Tumor Model Day 21 Cmax range * * Serum Level [ g/ml] Ctrough range * Ctrough range * scfv PD L1 11 * Anti PD 1/L1 concentrations in human serum after 1 cycle i.v. infusion of 10mg/kg (Bevancio), 200 mg (Keytruda), 3 mg/kg (Opdivo) or 1200 mg (Tecentriq) Heery et al., 2017; Patnaik et al., 2015; Yamamoto et al., 2017; Stroh et al., 2017

Summary scfv PD L1 expressed from Toca 521 infected cells competes with PD 1 for PD L1 binding scfv PD L1 expressed from Toca 521 infected cells binds to PD L1 on the cell surface and is sufficient to achieve trans binding activity on bystander tumor cells Toca 521 shows anti tumor efficacy as a monotherapy in 2 orthotopic glioma models consisting of low and high tumor mutational burden Nominal levels of scfv PD L1 in tumor bearing mouse models may reduce systemic immune toxicities which could result in a favorable safety profile Toca 521 has a differentiated profile that may overcome some of the limitations with current check point inhibitors for the treatment of glioblastoma and other tumor types 12

HG1 No One Should Die Of Cancer TM Leah Mitchell Kader Yagiz Andrew Hofacre Anthony W. Munday Fernando Lopez Espinoza Daniel Mendoza Maria Rodriguez Aguirre Acknowledgements Simon Bergqvist Marin Miner William Accomando Cynthia Burrascano Harry Gruber Douglas Jolly Thank You!

Slide 13 HG1 I believe i belong on the acknowledgements. Mainly, I was the first to suggest PD-L1 as our target for RRV. I was also very interested in using the antibody, as there was human data on this approach. I also contributed to the idea to replace the IRES with a small promotor and shrink it, to allow larger genes instead. 2A grew out of this emphasis. Harry Gruber, 10/14/2018