Bardoxolone Methyl Prevents egfr Decline in Patients with Chronic Kidney Disease Stage 4 and Type 2 Diabetes Post-hoc Analyses from BEACON

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Bardoxolone Methyl Prevents egfr Decline in Patients with Chronic Kidney Disease Stage 4 and Type 2 Diabetes Post-hoc Analyses from BEACON Christoph Wanner, MD; George Bakris, MD; Geoffrey A. Block, MD; Melanie Chin, PhD; Angie Goldsberry, MS; Lesley A. Inker, MD; Colin J. Meyer, MD; Megan O'Grady, PhD; Pablo E. Pergola, MD, PhD; David G. Warnock, MD; Glenn M. Chertow, MD, MPH ERA-EDTA May 25 th 208 Copenhagen, Denmark

Disclosures Geoffrey A. Block, Pablo E. Pergola, David G. Warnock and Glenn M. Chertow are consultants to Reata Pharmaceuticals Lesley A. Inker receives research funding from Reata Pharmaceuticals David G. Warnock is an investor in Reata Pharmaceuticals Colin Meyer, Melanie Chin, Angie Goldsberry, and Megan O Grady are employed by and have a financial interest in Reata

Background Inflamed Bowman s Capsule (Parietal Epithelium) Bardoxolone methyl (BARD) activates Nrf2 and suppresses inflammation, which contributes to GFR loss in CKD BARD shown to improve kidney function and have protective effects in multiple models of kidney disease and diabetes 2-6 Mechanisms of egfr increases with BARD in preclinical models 7,8 : Dynamic increases in glomerular surface area for filtration Chronic suppression of remodeling and fibrosis Phase 2 clinical trials showed BARD lowered serum creatinine concentration and improved other markers of kidney function 9,0 On the basis of these data, Phase 3 study (BEACON) was designed and initiated Less Filtrate Blood Blood Blood Blood Tubule Filtrate Mesangial Expansion and Thickening GBM Red Blood Cells Reduced Filtration Surface Area Dysfunctional Endothelial Layer Bardoxolone Methyl Urine Bowman s Capsule (Parietal Epithelium) Tubule Filtrate Decreased Glomerulosclerosis Urine Red Blood Cells Imig, Compr Physiol (203); 2 Aminzadeh, Xenobiotica (203); 3 Huang, J Med Chem (207); 4 Hisamichi, Hypretens Res (207), 5 Zoja, Poster ASN (200); 6 Wu, Arthritis Rheumatol (200); 7 Aminzadeh, Redox Biol (203); 8 Ding, Kidney Int (203); 9 Pergola, AJN (20); 0 Pergola NEJM (20) More Filtrate Increased Filtration Surface Area Improved Endothelial Function 3

Overview of BEACON Study characteristics: Phase 3, randomized, double-blind, parallel group, multi-national outcomes study Enrolled 285 patients with type 2 diabetes and stage 4 CKD (egfr 5 to 29 ml/min/.73 m 2 ) Patients randomized : to receive BARD (20 mg) or placebo Primary outcome: ESRD or cardiovascular death Summary of results: BEACON terminated early due to increased risk of hospitalizations due to fluid overload-related heart failure (8.8% in BARD vs 5% in placebo), which occurred during first 4 weeks of study Post-hoc analysis identified risk factors for fluid overload: BNP > 200 pg/ml and prior HF history 2 Risk of fluid overload same (2%) for BARD and placebo patients without these factors 2 Primary endpoint showed no difference Numerically fewer ESRD events with BARD (43/088 [4.0%]) versus placebo (5/097 [4.6%]) Due to early termination, too few events occurred to reliably determine BARD s effect on delaying progression to kidney failure Additional post-hoc analyses from BEACON performed to further characterize efficacy profile of BARD de Zeeuw et al., NEJM (203); 2 Chin, J Card Fail (204) 4

Statistical Methods 30% decline from baseline in egfr and egfr < 5 ml/min/.73 m 2 shown to be validated surrogate for progression to kidney failure in CKD trials,2 Time-to-event analyses using: Confirmed 30% egfr decline Confirmed 30% egfr decline, egfr <5 ml/min/.73 m 2, adjudicated ESRD events Confirmation of event: egfr decline occurring at two or more visits Hazard ratios and 95% confidence intervals computed using Cox proportional-hazards regression models Censoring of patients who did not experience events: Patients who died from any cause prior to the end of the study censored at the date of death Patients who discontinued the study prematurely, withdrew consent, or were lost to followup censored at last date of contact Patients who were alive and still being followed were censored on the study termination date (October 2, 202) Inker et al., Am J Kidney Dis (204); 2 Levey et al., Am J Kidney Dis (204) 5

BEACON Patient Characteristics Intent-to-treat Population Patients on study through Week 48 Placebo (n=097) Bardoxolone Methyl (n=088) Placebo (n=28) Bardoxolone Methyl (n=24) Age, yr (mean ± SD) 68.2 ± 9.4 68.9 ± 9.7 69.3 ± 9.4 67.5 ± 9.7 Female (n, %) 472 (43) 462 (42) 39 (49) 6 (48) Race (n, %) White 848 (77) 846 (78) 207 (74) 77 (73) Black 76 (6) 85 (7) 57 (20) 5 (2) Other 73 (7) 57 (5) 7 (6) 3 (5) Weight, kg (mean ± SD) 95.3 ± 2. 95. ± 22.0 96. ± 20.9 97.3 ± 22.5 HbAc, % (mean ± SD) 7. ±.2 7.2 ±.3 7.2 ±.2 7. ±.3 Serum creatinine, mg/dl (mean ± SD) 2.7 ± 0.6 2.7 ± 0.6 2.6 ± 0.6 2.7 ± 0.6 egfr, ml/min/.73 m 2 (mean ± SD) 22.5 ± 4.6 22.4 ± 4.3 23.2 ± 4.4 22.6 ± 4. UACR, mg/g (geometric mean) 22 20 33 30 CV History (n, %) 69 (56) 609 (56) 60 (57) 26 (52) HF hospitalization (n,%) 8 () 20 () 36 (3) 27 () ACE inhibitor and/or ARB (n, %) 994 (9) 964 (89) 235 (84) 86 (77) Insulin (n,%) 677 (62) 667 (6) 77 (63) 42 (59) de Zeeuw et al., NEJM (203) 6

Week 48 ΔeGFR Mean egfr ± SE (ml/min/.73 m 2 ) Week 48 ΔeGFR Change from Baseline in egfr Consistent with prior studies, BARD significantly increased egfr (p<0.00) Increases were durable through Week 56 Over 75% of patients had increase from baseline in egfr at Week 48 2 egfr Over Time Distribution of egfr Changes 32 30 p<0.000 50 30 BARD (n=24) 28 0 26-0 24-30 22 20 Number of Patients PBO BARD 0 8 6 24 32 40 48 56 Treatment Week PBO 097 04 898 743 565 44 290 34 BARD 088 007 860 693 522 394 268 6 50 30 0-0 -30 Placebo (n=28) de Zeeuw et al., NEJM (203); 2 Chin et al., AJN (208) 7

Kidney Function Improvement Partially Retained After Withdrawal of BARD Treatment with BARD for at least 48 weeks resulted in significant egfr increase 4 weeks after withdrawal Four week withdrawal corresponds to three weeks after loss of pharmacologic activity Data suggest BARD may affect kidney remodeling and fibrosis in humans as observed in CKD animal models Acute egfr increases (Week 2) with BARD positively correlate with durable increase through one year and retained egfr increase post-withdrawal Withdrawal Analysis Mean egfr Change from Baseline ± SEM N End of Treatment 4 Weeks Post- Withdrawal Placebo 273 -.2 ± 0.3-0.8 ± 0.3 Bardoxolone methyl 225 5.7 ± 0.6 *.0 ± 0.5 * *p<0.00 vs Placebo Chin et al., AJN (208) 8

Kidney Failure Outcomes BARD significantly reduced likelihood of kidney failure outcomes 30% egfr decline: HR=0.44 (95% CI: 0.27, 0.73), p=0.00 Composite of adjudicated ESRD, 30% decline, or egfr < 5: HR=0.48 (95% CI: 0.36, 0.65), p<0.00 30% Decline from baseline in egfr ESRD, 30% Decline or egfr < 5 ml/min/.73 m 2 HR: 0.48 p<0.000 HR: 0.44 p=0.00 Number of Patients PBO 097 063 907 779 599 455 34 230 97 3 BARD 088 988 825 689 540 395 303 87 92 2 Number of Patients PBO 097 04 850 734 570 429 37 26 92 3 BARD 088 99 823 687 538 390 304 85 9 Chin et al., AJN (208) 9

Conclusions and Next Steps BARD significantly increased egfr from baseline and relative to placebo in BEACON egfr increases with BARD sustained through 48 weeks and retained after drug withdrawal Profile is distinct from egfr increase due to pressure-mediated hyperfiltration Improvements in egfr with BARD treatment in BEACON translated to significant reduction in risk of kidney failure outcomes Subsequent studies with BARD exclude at-risk patients and have not shown increased risk for fluid overload to date BARD may offer the potential to prevent or delay kidney function decline and progression to ESRD in CKD Limitations include post-hoc nature of analyses and insufficient follow-up to assess additional endpoints such as 40% egfr decline or doubling of serum creatinine Additional studies needed to further evaluate risk-benefit profile for BARD KHK is conducting a study with BARD in patients with diabetic CKD using 30% egfr decline or ESRD as primary efficacy endpoint 0

Acknowledgements We acknowledge the supportive role of all BEACON investigators, support staff, and patients