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October 2025 NASDAQ: AVR | ASX: AVR
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Anteris Technologies - Executing on strategy 4 Building commercial readiness
for a new class of TAVR that mimics a healthy aortic valve Successfully priced U.S. IPO and listed on Nasdaq in December 2024 - Enhancing liquidity and visibility in the world's largest healthcare investment market 1 Total of 130 DurAVR
THV patients, 49 patients treated YTD- Building momentum, 38% of all patients enrolled in 6 months (Jan-Jun 2025) 2 Data showcased by global KOLs at leading cardiovascular conferences- CRT (Mar), Sydney Valves (Mar), Euro PCR (May), CSI
Frankfurt (Jun), New York Valves (Jun) 3 First-in-human DUAL valve-in-valve success with DurAVR THV- DurAVR successfully implanted in both aortic (Mar) and mitral ViV procedures (May) 4 Hosted global investigator meeting to launch
pivotal PARADIGM Trial- Setting the foundation for accelerated site activation and patient enrollment (Jun) 5
Investment Highlights 5 The only biomimetic balloon expandable TAVR with
130 treated patients Path to Commercialization Poised to disrupt a high value, growth market DurAVR THV is the only balloon expandable aortic valve to deliver curative, pre-disease hemodynamics1,2. Forecasted US$9.9bn by 2028 (US12.5bn
with Valve-in-Valve)3. Underpenetrated with 80-85% of severe aortic stenosis patients untreated4. 130 patients. Strong performance at 30 days & 1 year. PARADIGM Pivotal trial targeted 4Q25*, 50% DurAVR vs. 50% SAPIEN or Evolut.
Potential pathway to FDA & CE Mark approval. Scaled manufacturing, engaged global KOLs, early adopter site identification. Compact market allows a capital-efficient launch with lean, scalable field force. Established TAVR reimbursement
pathways. Proprietary, First-in-Class TAVR Multi-billion-dollar global TAVR market Clinical Validation Commercial Readiness Commercial Launch Garg, P., Markl, M., Sathananthan, J. et al. Restoration of flow in the aorta: a novel
therapeutic target in aortic valve intervention. Nat Rev Cardiol 21, 264-273 (2024). https://doi.org/10.1038/s41569-023-00943-6. Garg, P. DurAVR TAVI: biomimetic design restores flow and leads to significant LV mass regression. MRI study.
Oral presentation at PCR London Valves; Nov 2024; London, England. Future Market Insights. Transcatheter Heart Valve Replacement (TAVR) Market: Global Industry Analysis 2016 - 2023 and Opportunity Assessment 2024 - 2034. Future Market
Insights; 2024. Available from: https://www.futuremarketinsights.com/reports/transcatheter-heart-valve-replacement-tavi-market Gahl B, elik M, Head SJ, et al. Natural History of Asymptomatic Severe Aortic Stenosis and the Association of
Early Intervention With Outcomes: A Systematic Review and Meta-analysis. JAMA Cardiol. 2020;5(10):1102-1112. doi:10.1001/jamacardio.2020.2497. *Subject to regulatory approval
Highly Experienced Leadership - Clinical, Operational, Commercial 6 Mr.
McDonnell has served as CFO since November 2018. Prior to his appointment he worked at KPMG for over 24 years, where Mr. McDonnell held several senior positions including 10 years as a partner. He has experience in restructurings, acquisitions,
divestments, privatizations and other significant financial transactions. Matthew McDonnell Chief financial officer Dr. Meduri has served as Anteris' CMO since August 2021. Dr. Meduri is a practicing Interventional Cardiologist at Stern
Cardiovascular Foundation, Memphis, TN and a recognized global leader in the field of valvular heart disease with over 3,500 career structural heart procedures and over 300 annually. He has served as global head of many TAVR, mitral and
tricuspid trials. Dr. Chris Meduri Chief medical officer Mr. Paterson has served as CEO since March 2017 and was appointed Vice Chairman in March 2025. He held global positions in big pharma incl. Merck KGaA ("Merck") from 2005-2013, and
Roche (1995-2005). His roles included Global Head of CV Medicine, President of Europe, Israel, Canada & Australia, President of Emerging Markets incl. Russia & LATAM, CEO of Japan, Head of Commercial Operations in China, Head of Korea,
and Product Manager. He also sat on a NASDAQ board (CHPD) and led a $5B sale of that business. He has launched global healthcare products 36 times totaling billions in revenue and driven dozens of acquisitions, in-licensing and out-licensing
deals globally. Wayne Paterson VICE CHAIRMAN & CEO Mr. St Denis has served as COO since July 2017 and was appointed President and Director in March 2025. From 2008-2017 he held senior positions at Merck including Head of Commercial
Operations for Europe and Canada, and Head of Operations for Emerging Markets. From 1996-2006, he held senior roles at Millennium Pharmaceuticals Inc. David St Denis President & Director
Board of Directors 7 John Seaberg Chairman Mr. Seaberg has been Chairman since
March 2017 and a director since October 2014. He has served as Board Chair of Preceptis Medical Inc since 2016 and Phraxis Medical Inc since 2009. He was Executive VP at Cedar Point Capital from 2015-2023. He was Chair of Synovis Inc., a
manufacturer of medical devices and tissue products from 2008-2012. Mr. Paterson has served as CEO since March 2017 and was appointed Vice Chairman in March 2025. He held global positions in big pharma incl. Merck KGaA ("Merck") from
2005-2013, and Roche (1995-2005). His roles included Global Head of CV Medicine, President of Europe, Israel, Canada & Australia, President of Emerging markets incl. Russia & LATAM, CEO of Japan, Head of Commercial Ops in China. He sat
on a NASDAQ board (CHPD) and led a $5B sale of that business. He has launched 36 global healthcare products totaling billions in revenue. Wayne Paterson VICE CHAIRMAN & CEO DIRECTOR & Company secretary Mr. St Denis has served as COO
since July 2017 and was appointed President and Director in March 2025. From 2008-2017 he held senior positions at Merck including Head of Commercial Operations for Europe and Canada, and Head of Operations for Emerging Markets. From 1996-2006,
he held senior roles at Millennium Pharmaceuticals Inc. David St Denis President & Director Greg Moss Non-Executive Director Mr. Moss serves as Chief Business and Legal Officer, as well as Corporate Secretary and Chief Compliance
Officer of Evommune, Inc. Prior to Evommune, he served as Executive Vice President, General Counsel, and Corporate Secretary, Chief Compliance Officer at Kadmon, culminating in Kadmon's $1.9 billion acquisition in 2021. Dave
Roberts Non-Executive Director Mr. Roberts joined LeMaitre Vascular (NASDAQ: LMAT) in 1997 as its twelfth employee and has served as a Board Director since 2001 and as President since 2007. Mr. Roberts has also served as a Board Director of
Lexington Medical since 2023 and of Parasole Restaurant Holdings since 2013. Stephen Denaro Mr. Denaro has been a director and Company Secretary since October 2018. Mr. Denaro serves as director and sole shareholder of Trio Business
Intermediaries Pty Ltd. He has over 25 years of experience in mergers and acquisitions, business valuations, accountancy services, and income tax compliance.
Global Manufacturing Footprint 8 Purpose-built infrastructure designed for
efficient scale-up and commercial readiness
TAVR market opportunity expected to reach US$9.9bn in 2028 9 Currently 3
industry trials in progress, anticipated to be completed in 2025 Potential for further significant growth Edwards Lifesciences: SAPIEN 3 platform FDA approved for asymptomatic severe AS patients based on EARLY TAVR Trial (May
2025) Medtronic: to explore the treatment of moderate AS with early TAV implantation (TAVI) before AS becomes severe Edwards Lifesciences: will examine the TAVR procedure in patients who are > 65 years, have moderate AS, and have at least
one additional risk factor Gahl B, elik M, Head SJ, et al. Natural History of Asymptomatic Severe Aortic Stenosis and the Association of Early Intervention With Outcomes: A Systematic Review and Meta-analysis. JAMA Cardiol.
2020;5(10):1102-1112. doi:10.1001/jamacardio.2020.2497. Future Market Insights. Transcatheter Heart Valve Replacement (TAVR) Market: Global Industry Analysis 2016 - 2023 and Opportunity Assessment 2024 - 2034. Future Market Insights; 2024.
Available from: https://www.futuremarketinsights.com/reports/transcatheter-heart-valve-replacement-tavi-market. Underpenetrated patient population with only 15-20%1 of severe aortic stenosis cases treated today
Aortic Stenosis (AS) - Current Treatment Options 11 A life-threatening
condition caused by narrowing of the aortic valvePatients with severe AS have a 50% risk of dying within 2 Years1 Leon MB, Smith CR, Mack M, et al. Transcatheter Aortic-Valve Implantation for Aortic Stenosis in Patients Who Cannot Undergo
Surgery. N Engl J Med. 2010;363(17):1597-1607. doi:10.1056/NEJMoa1008232. SAVR: Surgical aortic valve replacement, TAVR: Transcatheter aortic valve replacement SAVR - Invasive, open-heart surgery TAVR - Minimally invasive procedure
12 Yesterday's TAVRs were not developed for today's patients DurAVR was
deliberately designed for younger and more active patients STS-ACC TVT Registry of Transcatheter Aortic Valve Replacement. J Am Coll Cardiol (2020);76:2492-2516. N Engl J Med 2019; 380:1695-1705. Patients need a safer alternative to open
heart surgery Patients need a valve that restores an active lifestyle for the rest of their life First & second generation TAVRs ~85 yrs Third generation TAVRs ~73 yrs 2011-2013 average patient age was 841 2016-2017 average patient
age is 73 & declining2
Anteris set out to address the needs in TAVR by asking different
questions 13 Our expert panel of physicians advised the Company what they wanted in a next generation valve: Balloon-expandable deliveryDrives clinical adoption - Controlled expansion, predictable placement, commissure alignment Clinically
better For younger and more active patients Curative, pre-disease hemodynamics, laminar flow How can we mimic a native valve? How does a healthy aortic valve perform? How do we deliver the valve? How can we put that valve in a frame?
Single-piece, native-shaped biomimetic design built to mimic the performance of a
healthy aortic valve. DurAVR : A New Class of TAVR 14
DurAVR Sustained hemodynamic performance to 1 year 15 Puri, R. DurAVR : A Novel
First-in-Class Biomimetic Transcatheter Aortic Valve 1-Year Performance. Oral Presentation at: Sydney Valves; March 2025; Sydney, Australia. MPG (Mean Pressure Gradient mmHg) DVI (Doppler Velocity Index) 2.1 EOA (Effective Orifice Area
cm2) 8.6 0.58 Mean Annular Diameter: 22.4 mm Mean Pressure Gradient (MPG) The average pressure across the aortic valve between the left ventricle and aorta Patients with severe AS have MPG 40 mmHg Effective Orifice Area (EOA) The
cross-sectional area of the aortic valve opening that is available for blood flow Patients with severe AS have an EOA of 1cm2 Doppler Velocity Index (DVI) An index that expresses EOA as a proportion of valve area DVI represents the
physical ratio of a patient's aortic valve area to the left ventricular outflow tract area
16 " A balloon expandable valve with self-expanding hemodynamics is like the
holy grail. Dr Michael ReardonProfessor of Cardiothoracic Surgery, Allison Family Distinguished Chair of Cardiovascular Research Methodist DeBakey Heart & Vascular Center " Clinician panel discussion, PCR London Valves 2023.
Restores flow dynamics, significantly reducing left ventricular (LV)
mass 17 SEVERE AORTIC STENOSIS EOA 2.2cm2 MPG 7.5 mmHg IMPAIRED FLOW NORMAL LAMINAR FLOW Waggoner T. DurAVR Biomimetic Transcatheter Heart Valve: Early Feasibility Study (EFS) Update. Oral Presentation at: CRT Conference, March 2024;
Washington, USA. Cavalcante J. Biomimetic Design Restores Flow and Hemodynamics and Leads to Significant LV Mass Regression: update from First-in-Human (FIH) Study with novel DurAVR Transcatheter Heart Valve . Oral Presentation at: New York
Valves; June 2024; New York, New York, USA. A narrowed aortic valve creates increased pressure in the left ventricle. Narrowed EOA(Effective Orifice Area) High MPG(Mean Pressure Gradient) EnlargedLeft Ventricular Thickness NormalLeft
Ventricular Thickness Increased LV mass is an adaptive response to the increased workload caused by the narrowed aortic valve. Untreated it may progress to heart failure. EFS Data1 29% Reduction in LV Mass Index2
Normal Aortic Flow DurAVR is the first aortic valve to restore normal aortic
flow 18 Post DurAVR THV implant Healthy Aortic Valve FD = 14% FRR = 4% (n=5) FD = 46% FRR = 23% When compared to a healthy aortic valve, DurAVR THV showed no significant difference in flow (p>0.05) Severe AS Sapien 3 CEP
Magna Ease Evolut R FD = 10% FRR = 1% (n=5) FD = 48% FRR = 35% FD = 27% FRR = 30% FD = 25% FRR = 4 % FD = Flow Displacement | FRR = Flow Reversal Ratio Garg, P. DurAVR TAVI novel leaflet design restores ascending aortic flow
haemodynamics on cardiac MRI: First-in-human study. Oral presentation at PCR London Valves; November 2022; London, England. Garg, P. DurAVR TAVI: biomimetic design restores flow and leads to significant LV mass regression. MRI study. Oral
presentation at PCR London Valves; November 2024; London, England. Cavalcante, J. Biomimetic Design Restores Flow and Hemodynamics and Leads to Significant LV Mass Regression: update from First-in-Human (FIH) Study with novel DurAVRTM
Transcatheter Heart Valve. Oral presentation at New York Valves; June 2024; New York, New York, USA. Controls with no known aortic valve disease assessed and age-height-weight matched to reduce bias. Limitations: Small sample size. Control
n=5, DurAVR n=5, Other TAVRs n=4, SAVR n=8. Impaired Aortic Flow Normal Valve (n=5) vs: TAVR (n=4) p<0.05 | SAVR (n=8) p<0.01
Existing bioprosthetic valves fail and patients need retreatment ViV