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Investor Presentation

Commercialisation Strategy US Lung Diagnostic Market Opportunity • • . . 4DMedical's initial core focus is the rapid penetration of the US market. FDA Clearance of XV LVAS product allows 4DMedical to market for a wide range of applications and an experienced in-house sales force has already been recruited. XV LVAS provides a cost-effective and rapid path to market, while SaaS platform allows for ability to scale up quickly. Market strategy to target large hospitals operating at scale to drive take up and market adoption Department of Veterans Affairs (VA) is US largest healthcare provider and directly funds costs (no requirement for reimbursement) Clinical trial partner hospitals present high value revenue opportunity with existing presence and acceptance of technology Given the large market size, even low market penetration could see substantial revenue generation with high gross margin 73 million respiratory diagnostic tests undertaken each year in the US ✓ 6,176 hospitals, each with an average of ~150 hospital beds 4DMedical's initial target hospitals average ~500 hospital beds ✓ 2% of US lung diagnostic market represents ~US$250M revenue per annum Thoracic X-ray Thoracic CT scans PFT Nuclear Medicine Total US Procedures 49,590,000 10,888,664 12,200,000 778,000 73,456,664 US Spend (US$) $5.95 billion $5.76 billon $878 million $1.17 billion $13.76 billion % share of US Lung diagnostic procedures Ave. price per Diagnostic (US$) 4DMedical Revenue Opportunity @ 2% Market Share, US$175/scan 66.9% 14.7% 16.5% 1.1% 99.2% $120 $525 $50-$2,500 $1,503 $50-$2,500 US$173.56m US$38.12m US$42.70m US$2.72m $257.10m Pg 26 | Investor presentation 4DMedical
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