The Universal Flu Vaccine Multi-Season Multi-Strain Flu Vaccine C - PowerPoint PPT Presentation

The Universal Flu Vaccine Multi-Season Multi-Strain Flu Vaccine C ORPORATE P RESENTATION D ECEMBER 2018

2 S AFE H ARBOR S TATEMENT This presentation is not a prospectus or offer of securities for subscription or sale in any jurisdiction. All statements in this communication, other than those relating to historical facts, are "forward-looking statements" within the meaning of the United States Private Litigation Reform Act of 1995. You can identify forward-looking statements by terms including ‘‘anticipates,’’ ‘‘believes,’’ ‘‘could,’’ ‘‘estimates,’’ ‘‘expects,’’ ‘‘intends,’’ ‘‘may,’’ ‘‘plans,’’ ‘‘potential,’’ ‘‘predicts,’’ ‘‘projects,’’ ‘‘should,’’ ‘‘will,’’ ‘‘would,’’ and similar expressions intended to identify forward- looking statements. These forward-looking statements relate to our business and financial performance and condition, as well as our plans, strategies, objectives and expectations for our business, operations and financial performance and condition. However, these forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, involve known and unknown risks, many of which are beyond our control, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from our expectations include, among others: the risk that drug development involves a lengthy and expensive process with uncertain outcome; BiondVax's ability to successfully develop and commercialize its vaccine; the length, progress and results of any clinical trials; the introduction of competing products; the impact of any changes in regulation and legislation that could affect the pharmaceutical industry; the difficulty in receiving the regulatory approvals to commercialize BiondVax's products; the difficulty in evaluating business prospects; the adequacy of available cash resource and the ability to raise capital when needed; the regulatory environment and changes in the health policies and regimes in the countries in which we operate; changes in the global pharmaceutical industry; changes in customers’ budgeting priorities; European Medicines Agency and other regulatory authority approvals; natural disasters; labor disputes; rising interest rates; general market, political or economic conditions in the countries in which we operate; pension and health insurance liabilities; volatility or crises In the financial market; arbitration, litigation and regulatory proceedings; and war or acts of terror. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. You should not unduly rely on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. The risks, uncertainties and assumptions referred to above are discussed in detail in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 20-F for the year ended December 31, 2017 filed with the U.S. Securities and Exchange Commission, or SEC, which is available on the SEC’s website, www.sec.gov, and in the Company’s periodic filings with the SEC. Readers are urged to carefully review and consider the various disclosures made in the Company’s SEC reports, which are designed to advise interested parties of the risks and factors that may affect its business, financial condition, results of operations and prospects. These forward-looking statements speak only as of the date of this presentation, and we assume no obligation to update or revise these forward-looking statements for any reason, whether as a result of new information, future events or otherwise, except as required by law. One • For All : The Universal Flu Vaccine

3 2017 S UCCESSES D RIVE 2018 P LANS “… We now have the resources to launch our Phase 3 program towards commercialization. ” 1 Israeli government support mid-size commercial facility 2 – March 30 Ministry of Economy granted 20% of a NIS 20m budget towards construction € 20 million non-dilutive co-funding 3 – June 19 The European Investment Bank (EIB) signed an agreement to support commercial scale production and Phase 3 BiondVax successfully meets Phase 2b clinical trial endpoints 4 – July 20 M-001 showed statistically significant elevated T-cell immune responses, good safety profile and well-tolerated $10 million secondary offering 5 – September 18 Following the placement, BiondVax has 3 large strategic investors, each holding 5% to 20% European Medicines Agency (EMA) Allows Phase 3 Trial Plan 6 – December 27 EMA Scientific Advice accepts the placebo controlled trial design, facilitating procedures towards Phase 3 1. http://www.biondvax.com/2017/06/biondvaxs-ceo-provides-first-half-2017-general-corporate-update/ 2. http://www.biondvax.com/2017/03/biondvax-approved-for-grant-from-israels-ministry-of-economy-and-industry-to-build-facility-for-commercial-scale-production-of-its-universal-flu-vaccine/ 3. http://www.biondvax.com/2017/06/european-investment-bank-eib-supports-late-stage-development-and-production-of-biondvaxs-universal-flu-vaccine-candidate-under-horizon-2020-initiative/ 4. http://www.biondvax.com/2017/07/biondvax-reports-positive-phase-2b-clinical-trial-results-for-its-universal-flu-vaccine/ 5. http://www.biondvax.com/2017/09/biondvax-announces-closing-of-10-million-public-offering-of-american-depositary-shares-and-exercise-of-over-allotment-option/ 6. http://www.biondvax.com/2017/12/biondvax-plans-phase-3-clinical-trial-following-receipt-of-scientific-advice-from-the-european-medicines-agency-ema/

4 One • For All : The Universal Flu Vaccine

5 A S EASONAL P ROBLEM … A P ANDEMIC T HREAT The Flu: A Serious Public Health Challenge S EASONAL F LU – D ESPITE A NNUAL V ACCINE PRODUCTION (500 MILLION DOSES 1 ) Flu cases: Deaths: Severe illness: up to 20% 650,000 2 3 – 5 million or 1.5 billion ❖ At-risk Seniors: 80% of deaths & most hospitalizations 3 ❖ High economic burden: Over $87B including $56B in elderly 4 ❖ USA: Up to 80,000 deaths and 900,000 hospitalizations 5 P ANDEMIC F LU ❖ New pandemic strain: When?… Where?... Which? ❖ Higher morbidity & mortality worldwide 1 WHO: http://www.who.int/influenza_vaccines_plan/objectives/objective2/en/ and https://en.wikipedia.org/wiki/Influenza_vaccine#Uptake; 2 WHO: http://www.who.int/news-room/detail/14-12-2017-up- to-650-000-people-die-of-respiratory-diseases-linked-to-seasonal-flu-each-year (varies annually); 3 Vaccine journal: www.sciencedirect.com/science/article/pii/S0264410X15002315, Table 3; 4 Molinari et. al, The annual impact of seasonal influenza in the US, Vaccine 25 (2007) 5086 – 5096; 5 CDC: www.cdc.gov/flu/about/disease/burden.htm and https://www.nytimes.com/2018/10/01/health/flu-deaths-vaccine.html Image: Influenza victims crowd into an emergency hospital near Fort Riley, Kansas in this 1918 file photo. National Museum of Health

6 C URRENT V ACCINE F ALLS S HORT : T HE M ISMATCH The Flu Virus: Frequent and Unpredictable Mutations Vaccine Effectiveness (VE) Measles, Rubella, Diphtheria, Tetanus, etc. 95%-99% Seasonal Flu VE 1 : Average 40%, Elderly as low as 9% 2004-05 10% 2005-06 21% 2006-07 52% 2007-08 37% 2008-09 41% 2009-10 56% Why current solutions fall short… 2010-11 60% • Past strains selection → Mismatch phenomenon 2011-12 47% 2012-13 49% • Previous season’s vaccine will not necessarily 2013-14 52% 2014-15 19% protect against next season’s flu strains 2015-16 48% • 4-6 month production lag 2016-17 40% 2017-18 40% 1 VE data: CDC, including http://www.cdc.gov/flu/professionals/vaccination/effectiveness-studies.htm [Retrieved 18.Feb.2018] 2 World Health Organization: http://www.who.int/immunization/research/meetings_workshops/2a_Graham_pdvac_sept14.pdf

7 T HE E LDERLY – A T R ISK AND I N N EED • ~80% of seasonal flu related death occurs in elderly 1 • Seasonal vaccine effectiveness as low as 9% for elderly 2 • 80% of older adults have at least one chronic condition 3 • Influenza worsens outcomes of chronic illness • Elderly flu cost in US estimated 4 at $56B per year (hospitalization, mortality, lost earnings) NIH: “ During the period from 1989 to 1997 the vaccination rate for elderly persons ≥ 65 years of age in the US increased from 30 to 67% . Despite this increase in coverage, mortality and hospitalization rates continued to increase rather than decline as would be expected ... ” International Journal of Epidemiology 5 (Vol. 35, Issue 2, P352-353) 1 Vaccine journal: www.sciencedirect.com/science/article/pii/S0264410X15002315, Table 3; 2 WHO: http://www.who.int/immunization/research/meetings_workshops/2a_Graham_pdvac_sept14.pdf 3 https://www.ncoa.org/healthy-aging/chronic-disease/; 4 Molinari et. al, The annual impact of seasonal influenza in the US, Vaccine 25 (2007) 5086 – 5096; 5 https://academic.oup.com/ije/article/35/2/352/694736;