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| Target Market Optejet Targeted Differentiation United States Addressable Population United States Market $USD* China Addressable Population US Status Licensee PROPRIETARY Pupil dilation (Mydriasis) Ease of use, well tolerated, less systemic absorption, fast recovery time Procedures: 108M1 $250M 650M8 Eyenovia Commercializing USA China Ocular Surgery Pain and Inflammation Eyedrop: 2X day dosing, low AE incidence10 Procedures: 7M2 $200M N/A PDUFA March 2024 USA Alternative to glasses for early presbyopia Ease of use, convenience, low side effect incidence 7M3 $1B 12M9 Manufacturing registration batches 1Q 2024 USA China Eye Hydration High technology delivery system 117M4 $3.1B N/A FDA device registration discussions USA PARTNERED Treatment of childhood progressive Myopia Ease of use, digital monitoring technology, pediatrics self-dosing 3M5 $4.5B 50M9A USA Ph3 study enrollment may be completed in 2024 USA China POTENTIAL Glaucoma Digital monitoring technology, ease of use, low side effect incidence 3M6 $3B 20M9 Biocompatibility testing of potential partner’s drug product - - Dry Eye New drug class, ease of use, fast onset 31M7 $3.6B 235M9 Pre-IND meeting planned 2H 2023; exploring partnership options - - 8 Product Pipeline US and China Markets • 1. https://bit.ly/44BK4Zf | https://bit.ly/44IwR0K | 2. 2022 Delve Insights, Acute Ocular Pain Report | 3. Population of 40-55YO in the US = 60.8M A , 35% of this population has never needed corrected vision, Assumes product works in 33% of patients BA. Published by Erin Duffin, & 30, S. (2022, September 30). Population of the U.S. by sex and age 2021. Statista. Retrieved February 3, 2023, from https://bit.ly/45Rv3U6 B. What is 20/20 vision? University of Iowa Hospitals & Clinics. (n.d.). Retrieved February 3, 2023, from https://bit.ly/482g6jT | 4. https://bit.ly/3r2iOFu | 5. Theophanous C, Modjtahedi BS, Batech M, Marlin DS, Luong TQ, Fong DS. Myopia prevalence and risk factors in children. Clin Ophthalmol. 2018 Aug 29;12:1581-1587. doi: 10.2147/OPTH.S164641. PMID: 30214142; PMCID: PMC6120514. U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 2021.| Banashefski B, Rhee MK, Lema GMC. High Myopia Prevalence across Racial Groups in the United States: A Systematic Scoping Review. J Clin Med. 2023 Apr 21;12(8):3045. doi: 10.3390/jcm12083045 | 6.https://bit.ly/3Rcqdwz. | 7. Frost & Sullivan, Prospectus, World Bank 370M Adjusted to fit patient criteria | 8. J&J Global Eye Health Survey 2020 | https://bit.ly/45EsCEM | 9. Frost & Sullivan, Prospectus, World Bank | 9A. Frost & Sullivan, Prospectus, World Bank 150M adjusted for the highest at risk patients, 1/3rd of children | 10. Korenfeld M, Walters T, Martel J, Nunez D, Wang L. A Phase 3 Study of APP13007 (Clobetasol Propionate Ophthalmic Nanosuspension 0.05%) to Treat Inflammation and Pain after Cataract Surgery. ASCRS presentation. San Diego. May 5-8 2023. |