LEI: 549300Q7EXQQH6KF7Z84

26 February 2025

RTW Biotech Opportunities Ltd

RTW CIO increases position to 15%

RTW Biotech Opportunities Ltd (the "Company", "RTW Bio"), a London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, is pleased to note the purchase by the CIO of its Investment Manager, Rod Wong, of additional shares bringing his total shareholding to 15.00%. Over the last year, he has acquired 20,663,008 shares in the market following the completion of the Arix transaction.

Roderick Wong, Managing Partner and CIO at RTW Investments, LP, the Investment Manager commented: "I believe that now is a once-in-cycle opportunity to make private and public investments in biotech, so I am excited to increase my personal holdings in the Company. The listed investment company structure is ideal for private to public healthcare investing, exemplified by the opportunity we currently see in next-generation obesity therapies. With our investments in Corxel and Kailera, we believe that RTW Bio is uniquely positioned among listed investment companies to benefit from continued innovation in the area. Metsera's recent successful IPO points to the strong interest for promising new obesity products."

William Simpson, Chair of the Board of the Company commented: "We are delighted that our Investment Manager's CIO, Rod Wong, has continued to personally buy shares in the open market. This further emphasises RTW Investments' commitment to and alignment with the Company and underscores their strong belief that the Company's shares are undervalued."

For Further Information

About Biotech Opportunities Ltd:

RTW Biotech Opportunities Ltd (LSE: RTW) is an investment fund focused on identifying transformative assets with high growth potential across the biopharmaceutical and medical technology sectors. Driven by a long-term approach to support innovative businesses, RTW Biotech Opportunities Ltd invests in companies developing next-generation therapies and technologies that can significantly improve patients' lives. RTW Biotech Opportunities Ltd is managed by RTW Investments, LP, a leading healthcare-focused entrepreneurial investment firm with deep scientific expertise and a strong track record of supporting companies developing life-changing therapies.

Visit the website at www.rtwfunds.com/rtw-biotech-opportunities-ltd for more information.

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The information in this announcement may include forward-looking statements, which are based on the current expectations and projections about future events, and in certain cases can be identified by the use of terms such as "may", "will", "should", "expect", "anticipate", "project", "estimate", "intend", "continue", "target", "believe" (or the negatives thereon) or other variations thereon or comparable terminology. These forward-looking statements, as well as those included in any related materials, are subject to risks, uncertainties and assumptions about the Company and/or its underlying investments, including, among other things, the development of the applicable entity's business, trends in its operating industry, expected use of financing proceeds and future capital expenditures and acquisitions. In light of these risks, uncertainties and assumptions, the events in the forward-looking statements may not occur.

The information contained in this announcement is given at the date of its publication (unless otherwise marked). No reliance may be placed for any purpose whatsoever on the information or opinions contained in this announcement or on its completeness, accuracy or fairness.

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