Evaluation of an Agonist Anti-CD27 Human Antibody (Varlilumab) and its Potential for Combination With Checkpoint Inhibitors

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Evaluation of an Agonist Anti-CD27 Human Antibody (Varlilumab) and its Potential for Combination With Checkpoint Inhibitors Tibor Keler, PhD Chief Scientific Officer

Enhancing immunity with immune modulating antibodies Varlilumab Agonist human anti CD27 mab (Hu IgG1k) Adapted from Mellman, I et al. Nature, 211

CD27; a critical regulator of T cells Member of the TNF-receptor superfamily (CD4, 4-1BB,OX-4) Single ligand is CD7 (tightly regulated) Constitutively expressed on most T cells and a subset of B and NK cells Co-stimulatory molecule Role in generation and long-term maintenance of T cell immunity Role in NK cell differentiation/activation CD27 activation: Signaling through Traf2, Traf 5 Activation of the NF-κB pathway Cell survival, activation, proliferation J. Denoeud and M. Moser J. Leuk. Biol. 21

CD27 as a target for immunotherapy Enhancement of T cell responses Soluble CD7 augments antigen-specific CD8+ T cell response (Rowley FT, Al-Shamkhani, A JI 24) CD7 expression on DC breaks tolerance to self antigens and promotes immunity (Keller AM et al, Immunity 28) CD27 co-stimulation promotes a broad T cell repertoire (van Gisbergen KPJM et al, Immunity 211) CD4+ T-cell help signal is transmitted from APC to CD8+ T- cells via CD27 CD7(Feau et al, Nat. Com. 212)

Anti-mouse CD27 mab activity in tumor models BCL1 lymphoma A31 lymphoma Percent survival 1 75 5 25 +anti-cd4 +anti-4-1bb +anti-cd27 Cont IgG Percent survival 1 75 5 25 25 5 75 1 Days post tumour Cont IgG 25 5 75 1 Days post tumour +anti-cd4 +anti-cd27 +anti-4-1bb 1 CT26 colon cancer Anti-CD27 1 B16 melanoma Percent survival 75 Anti-CD4 5 Anti-4-1BB 25 Cont IgG 25 5 75 1 Days post tumour Percent survival 75 5 25 Anti-CD4 Anti-CD27 Control IgG 25 5 75 1 Days post tumour From Martin Glennie, Southampton University

Varlilumab, A fully human mab specific for CD27 Human IgG1k Subnanomolar affinity: 1.9 x 1-1 kd(m) Blocks CD7 binding to CD27 Potent in vitro agonist activity ( T cell activation/proliferation) Requires simultaneous TCR stimulation Requires varlilumab to be cross-linked Potent in vivo activity (Increased CD8 response/anti-tumor activity) Developed human CD27 tg mouse model Potent activity in immunogenic tumor models In vivo cross-linking occurs via Fc receptors Direct anti-tumor activity against human CD27 + tumors Delayed tumor growth in xenograft models May involve ADCC 6

No significant depletion of circulating lymphocytes in NHP Cynomolgus macaques 1 CD3 T cells 1 CD4 T cells 1 CD8 T cells 1 Treg % Positive cells 8 6 4 2 8 6 4 2 8 6 4 2 8 6 4 2 Day 1 2 8 29 Day 1 2 8 29 Day 1 2 8 29 Day 1 2 8 29 4 CD2 B cells 8 memory B cells 8 NK cells 4 monocytes % Positive cells 3 2 1 6 4 2 6 4 2 3 2 1 Day 1 2 8 29 Day 1 2 8 29 Day 1 2 8 29 Day 1 2 8 29 1F5 (CDX 1127) dose: 1mg/kg 3 mg/kg 1 mg/kg

Varlilumab Phase 1- Design Standard 3+3 dose-escalation (.1,.3, 1, 3 or 1 mg/kg) Expansion cohorts of RCC (n =16) and Melanoma (n=15) Expansion cohort in Hodgkin lymphoma patients Dose-Escalation Phase Single Dose Multi Dose Retreatment 28 day observation Day: 1 29 36 43 5 4 week rest 8 week * rest * 85 8 Expansion Cohorts Multi Dose Retreatment Day: 1 8 15 22 * 8 week rest 8 week * rest * 85 Varlilumab: 9 minute IV infusion Diagnostic Imaging/Staging performed every 85 days Up to 4 retreatment cycles (5 cycles total) permitted for patients with Stable Disease

Varlilumab Phase 1- Safety and PK Dosing and Toxicity: Completed dose escalation in various solid and hematologic tumor types No Maximum Tolerated Dose (MTD) A single Dose-Limiting Toxicity (DLT) of transient, asymptomatic Grade 3 hyponatremia was reported The majority of AE s related to treatment have been mild to moderate in severity, with only 3 SAEs related to treatment reported: bronchospasm, asthma, and infusion reaction No significant immune-mediated adverse events (colitis, hepatitis, etc.) typically associated with check-point blockade Pharmacokinetics and Pharmacodynamics: PK consistent with human IgG Half life ~ 1-12 days No immunogenicity detected PD changes consistent with expected MoA Induction of cytokines/chemokines Activation of T cells Reduction in Treg Increase in NK cells 9

Circulating lymphocyte levels Lymphocyte counts % of Lymphocytes 2. 1.5 1..5. Day 1 2 3 4 5 6 7 8 9 CDX 1127 35 3 25 2 15 1 5 Day CDX 1127 All patients, mean values +SE B cells CD4+ cells CD8+ cells 1 2 3 4 5 6 7 8 9 No evidence of significant depletion of lymphocytes Similar values across all dose levels

Serum Biomarker Profile 9 Patients treated at 1 mg/kg varlilumab Serum cytokines and chemokines were analyzed by Luminex Robust and transient immune signature is associated with varlilumab infusion The 1 mg/kg cohort was chosen for this analysis because this dose level had the most patients. Serum cytokine/chemokine increases were observed at all dose levels 11

Decrease in the number of regulatory T cells % Treg (CD3+CD4+CD25+CD127 FoxP3+) 4.5 4. 3.5 3. 2.5 2. 1.5 1..5. Individual Patients.1mg/kg.3 mg/kg 1 mg/kg 3 mg/kg 1 mg/kg Day 1 2 3 4 5 6 7 8 9 CDX 1127 % Treg (CD3+CD4+CD25+CD127 FoxP3+) 3. 2.5 2. 1.5 1..5. All patients, mean values p=.39 p=.12 Day 1 Day 8 Day 29 Day 85

Evidence of T cell activation % HLA DR + memory T cells 25 2 15 1 5 All patients in 3 mg/kg cohort Before treatment Maximum level achieved on study 1 2 3 4 5 6 Patient in 3 mg/kg MD cohort day 1 day 29 day 85

Increased Response to Melanoma Antigens in Some Melanoma Patients 14

Varlilumab Phase 1- Clinical Activity Thirteen patients with stable disease (up to 3.7+ months) Significant and durable responses in 2 patients 28 year old female stage IV Hodgkin lymphoma patient (.3 mg/kg varli) Progressed through 5 lines of chemo and stem cell therapy in 1.6 yrs. since diagnosis Experienced complete resolution of B symptoms (drenching sweats, pruritus and weight loss) on 1st cycle of varlilumab Experienced PR on 2nd cycle and CR on 3rd cycle of varlilumab CR ongoing at 18.9+ months 15 67 year old male RCC patient (3. mg/kg) Progressed through 3 prior lines of therapy Achieved PR with 31% decrease in tumor after 1 st cycle Continued PR with 52% decrease in tumor after 2 nd cycle Remains in follow up- at 11 months- 67% decrease in tumor with 2 of 5 target lesions resolved

Rationale for Combination of Varlilumab with Checkpoint Inhibitors Combining costimulatory signals with blockade of inhibitory signals can enhance the magnitude and quality of the anti-tumor T cell response May increase immune related adverse events Potential for increasing responses to CI CI response is associated with pre-existing T cell infiltrate Varlilumab may lead to increase in T cells in tumor Varlilumab may enhance broader immune response Activation of additional T cell specificities and innate immunity (NK cells) Varlilumab safety profile Strong biological activity without evidence of significant toxicity No liver inflammation or CRS No overlapping toxicities with CI 16

Efficacy correlates with tumor burden (human CD27tg: CT26 model) dosing dosing Survival probability (%) 1 1 Varli (6 g x 5) saline 8 8 6 6 p<.1 4 4 p=.16 2 2 1 2 3 4 5 6 7 8 9 Days post tumor inoculation 1 2 3 4 5 6 7 Days post tumor inoculation

Combination of varlilumab with anti-pd-l1 (human CD27tg: CT26 model) 3. Saline varlilumab PD L1 PD L1 + varli 3. 3. 2.5 Tumor volume (cm 3 ) 2.5 2. 1.5 1..5 2.5 2. 1.5 1..5 2.5 2. 1.5 1..5 2. 1.5 1..5 3/8 CR. 1 6 11 16 21 26 31 36 41. 1 6 11 16 21 26 31 36 41. 1 6 11 16 21 26 31 36 41. 1 6 11 16 21 26 31 36 41 1.5 x 1 4 CT26 cells on Day Saline group: 2 l days 9, 11, 13, 15, & 17 (n= 8) 1F5 dosed at 6 µg on days 9, 11, 13, 15, & 17 (n=8) α PD L1 (1F.9G2) dosed at 1 µg on days 15, 17& 19 (n=8)

Combination of varlilumab with anti-pd-l1 Human CD27tg: BCL1 Disseminated Lymphoma Model Percent Survival P<.1 vs. all groups P=.1 vs. saline Saline, n=3 Varlilumab, n=3 Anti PD L1, n=3 Varlilumab + anti PD L1, n=3 Days Post Tumor Inoculation HuCD27 Tg mice BALB/c background 1 7 BCL1 cells i.v. Day Saline Day 4,6,8,1,12 Varlilumab (2 g) Day 4,6,8,1,12 Anti PD L1 (1 g) Day 4,6,8,

Combination of varlilumab with anti-pd-l1 BCL1 model: Increased Teff:Treg ratio Activated CD8 T cells Activated CD4 T cells % of IFN + of CD8 T cells 4 3 2 1 *** **** * anti-cd3/anti-cd28 No Stimulation % of IFN + of CD4 T cells 1 8 6 4 2 *** **** **** 15 Ratio of CD8/Tregs * * ns Percent (%) 1 5

Combination of varlilumab with anti-ctla-4 Human CD27tg: EG.7 Subcutaneous Thymoma Model A Percent survival 1 8 6 4 2 Treatment period (day 5 22) P=.2 1 2 3 4 5 6 Days post tumor inoculation -CTLA-4 (.1 mg x 3) CDX-1127 (.1 mg x 3) CDX-1127+ -CTLA-4 B Percent survival 1 8 6 4 2 Treatment period (day 4 21) No treatment CDX-1127 (.1 mg x 5) CDX-1127 (.1 mg x 5) + -CTLA-4 (.1 mg x 3) 2/8, P=.1 2 4 6 8 Days post tumor inoculation Hu CD27-Tg mice, C57BL/6 background Mice (n= 8-1) were inoculated with 1 6 E.G7 tumor cells Abs were given i.p. either 3 or 5 times during the indicated treatment periods.

22 Varlilumab and Checkpoint Combination Trials

Primary Objectives: Phase I Phase I/II: Varlilumab + Nivolumab Celldex/BMS To access safety and tolerability of varlilumab (.1, 1., and 1 mg/kg i.v. Q2W) in combination with nivolumab (3 mg/kg i.v. Q2W) and identify the recommended Phase II dose Phase II To access the preliminary anti tumor activity of the combination of varlilumab and nivolumab as determined by ORR Design: Phase I/II, open label dose escalation study with 5 disease specific phase II cohorts. Population: Patients with specific advanced (unresectable or metastatic) solid tumors (non small cell lung cancer, melanoma, colorectal cancer, ovarian cancer and head neck squamous cell carcinoma) Patients/Centers: Up to about 19 patients / 15 centers in the US Status: Currently enrolling 23

Phase I/II: Varlilumab + Ipilimumab +/- CDX-141 Celldex Primary Objectives: Phase I Safety and tolerability of varlilumab (.3 and 3 mg/kg i.v. every 3 weeks) in combination with ipilimumab (3 mg/kg) and identify the recommended Phase II dose Phase II Assess anti tumor activity of combination. NY ESO 1+ pts also receive CDX 141 (NY ESO 1 vaccine) Design: Phase I/II, Open label, Dose escalation Study Population: Patients with unresectable Stage III or IV melanoma Patients/Centers: Up to 1 patients / 2 3 centers in the US Status: FPI Q2 215 24

Phase I/II: Varlilumab + MPDL328A (anti-pd-l1) Celldex/Roche Primary Objectives: Phase I Safety and tolerability of varlilumab in combination with MPDL328A and identify the recommended Phase II dose Phase II Assess anti tumor activity of combination. Design: Phase I/II, Open label, Dose escalation Study Population: Patients with metastatic renal cell carcinoma Status: FPI 215 25

Acknowledgements Tenovus Research Laboratory Martin Glennie Mayo Clinic Deanna M. Grote Stephen M. Ansell University of Virginia Tim Bullock Celldex R&D Li Zhen He Laura Vitale Larry Thomas Venky Ramakrishna Henry Marsh Tom Hawthorne Celldex Clinical Michael Yellin Elizabeth Crowley Jennifer Green Tom Davis Lana Pilja Clinical Investigators Dr. H. Burris (Sarah Cannon Research Institute) Dr. J. Infante (Sarah Cannon Research Institute) Dr. G. Weiss (UVA) Dr. J. Nemunaitis (Mary Crowley) Dr. S. Ansell (Mayo Clinic) Dr. D. Northfelt (Mayo Clinic) Dr. J. Brode (Mount Sinai) Dr. B. Sikic (Stanford) Dr. M. Taylor (Oregon Health Sciences)