ONCOSIL MEDICAL LTD — Call Transcript 2021

Feb 15, 2021

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ASX Announcement

16 February 2021

Business Update - Conference Call Notification

Sydney, Australia – 16 February 2021: OncoSil Medical Ltd (ASX: OSL) ( OncoSil or the Company ) advises that its Chief Executive Officer, Mr. Nigel Lange, will be providing a business update to investors on Thursday, 18 February at 4.30pm AEDT.

The business update presentation will be lodged with the ASX on the same day, prior to the call.

Nigel will be talking through the latest developments within the business. We would like to invite investors to join this conference call to hear from Nigel, who was recently appointed CEO & Managing Director, as announced on 21 January 2021.

To pre-register, please follow this link:

https://s1.c-conf.com/diamondpass/10012517-me28dn.html

If you are unable to register for the webcast, please call one of the numbers below:

Australia Toll Free: 1800 455 963 Australia Alt. Toll Free: 1800 908 299 New Zealand Toll Free: 0800 452 795 Canada/USA Toll Free: 1 855 624 0077

Hong Kong Toll Free: 800 968 273 Singapore Toll Free: 800 101 2702 Germany Toll Free: 0800 183 0918 United Kingdom Toll Free: 0800 051 1453

Conference ID code: 10012517

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Authorisation & Additional Information

This announcement was authorised by the Board of Directors of OncoSil Medical Limited.

Company	Company	Investor enquiries
Mr Nigel Lange CEO & Managing Director E: nigel.lange@oncosil.com T: +61 2 9223 3344	Mr Karl Pechmann CFO & Company Secretary E: karl.pechmann@oncosil.com T: +61 2 9223 3344	Leijie Li Vesparum Capital E: oncosil@vesparum.com T: +61 3 8582 4800

ONCOSIL MEDICAL LIMITED ABN 89 113 824 141 ASX | OSL Suite 402, Level 4, 50 Berry Street, North Sydney, NSW 2060 AUSTRALIA TELEPHONE +61 2 9223 3344 FACSIMILE +61 2 9252 3988 WEB www.oncosil.com.au

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About OncoSil

OncoSil Medical is a medical device company seeking to advance radiation for cancer patients. OncoSil Medical’s lead product, OncoSil™ is a targeted radioactive isotope (Phosphorus-32), implanted directly into a patient’s pancreatic tumours via an endoscopic ultrasound.

Treatment with the OncoSil™ is intended to deliver more concentrated and localised beta radiation compared to external beam radiation. OncoSil Medical has conducted six clinical studies with positive results on tolerability, safety and efficacy. CE Marking has been granted for the OncoSil™ device which can be marketed in the European Union and the United Kingdom. The OncoSil™ device has also been classified a Breakthrough Device in the European Union and the United Kingdom.

An Investigational Device Exemption (IDE) has been granted by the United States Food and Drug Administration (FDA) to conduct a clinical study of the OncoSil™ device aimed at supporting a PMA approval.

In December 2018, the FDA granted Humanitarian Use Designation (HUD) for the OncoSil™ device for the treatment of unresectable bile duct cancer. In March 2020, the FDA granted Breakthrough Device Designation for the OncoSil™ for unresectable pancreatic cancer in conjunction with systemic chemotherapy.

Pancreatic cancer is typically diagnosed at a later stage, when there is a poor prognosis for long-term survival. The World Cancer Research Fund estimated that in 2012, 338,000 people globally were diagnosed with pancreatic cancer. The prognosis for patients diagnosed with pancreatic cancer, regardless of stage, is generally poor; the relative five-year survival rate for all stages combined is approximately 5%. The estimated world-wide market opportunity for OncoSil™ in pancreatic cancer exceeds $3b.

Forward Looking Statements

This document contains certain forward-looking statements, relating to OncoSil’s business, which can be identified by the use of forward-looking terminology such as “promising”, “plans”, “anticipated”, “will”, “project”, “believe”, “forecast”, “expected”, “estimated”, “targeting”, “aiming”, “set to”, “potential”, “seeking to”, “goal”, “could provide”, “intends”, “is being developed”, “could be”, “on track”, or similar expressions, or by express or implied discussions regarding potential filings or marketing approvals, or potential future sales of product candidates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no assurance that any existing or future regulatory filings will satisfy the FDA and other authorities’ requirements regarding any one or more product candidates nor can there be any assurance that such product candidates will be approved by any authorities for sale in any market or that they will reach any particular level of sales. In particular, management’s expectations regarding the approval and commercialisation of the product candidates could be affected by, among other things, unexpected trial results, including additional analysis of existing data, and new data; unexpected regulatory actions or delays, or government regulation generally; our ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry, and general public pricing pressures; and additional factors that involve significant risks and uncertainties about our products, product candidates, financial results and business prospects. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected. OncoSil Medical is providing this information as of the date of this document and does not assume any obligation to update any forward-looking statements contained in this document as a result of new information, future events or developments or otherwise.

ONCOSIL MEDICAL LIMITED ABN 89 113 824 141 ASX | OSL Suite 402, Level 4, 50 Berry Street, North Sydney, NSW 2060 AUSTRALIA TELEPHONE +61 2 9223 3344 FACSIMILE +61 2 9252 3988 WEB www.oncosil.com.au