Julie Kim, CEO-Elect Chinwe Ukomadu, Head of GI&I Therapeutic Area Rhonda Pacheco, President, U.S. Business Unit;U.S. Country Head PLAY LIST from the beginning Zasocitinib IR Event Phase 3 Psoriasis Data Presented at AAD Important Notice Opening Remarks Preparing to launch 3 transformative medicines in the next 15 monthssetting Takeda on a new growth trajectory Zasocitinib: Poised to be a leading oral treatment option forpatients with psoriasis - significantly expanding the oral market Zasocitinib Phase 3 Psoriasis Results Zasocitinib: Next-generation, highly selective oral TYK2 inhibitor LATITUDE-PsO-3001 and 3002 were randomized, multicenter, double-blind, placebo- and apremilast-controlled phase 3 trials Baseline demographics and characteristics were generally similar across treatment arms in each study Zasocitinib met the co-primary endpoints in both studies(sPGA0/1 and PASI 75 versus placebo at Week 16) Rapid skin clearance as early as week 4 with zasocitinib Zasocitinib led to greater proportions of patients achievingPASI 90 than apremilast or placebo as early as Week 4 Zasocitinib led to greater proportions of patients achievingclear skin versus apremilast or placebo as early as Week 8(1) Zasocitinib led to greater proportions of patients achievingclear skin versus apremilast or placebo as early as Week 8(2) Zasocitinib demonstrated superior improvement in DLQI versus apremilast or placebo as early as Week 4 Zasocitinib was well tolerated with no new safety signals identified through Week 16 LATITUDE-PsO-3001 and 3002 were randomized, multicenter, double-blind, placebo- and apremilast-controlled phase 3 trials More than 90% of patients continuing zasocitinib at Week 40 maintained sPGA 0/1, PASI 75 and PASI 90 through Week 60 Zasocitinib: Enabling expansion with focused LCM programs Zasocitinib: Rapid and durable skin clearance in a convenient once-daily pill Zasocitinib Market Opportunity & Commercialization Transformational efficacy with next-generation orals can give patients an opportunity to achieve clear skin without proceeding to biologics Zasocitinib: Meeting patient needs with a treatment that fits effortlessly into daily life Takeda’s proven immunology leadership positions it to execute a successful zasocitinib launch Zasocitinib is positioned to transform and expand the oral advanced therapy market in psoriatic disease Zasocitinib: Poised to be a leading oral treatment option forpatients with psoriasis - significantly expanding the oral market Q&A Session Q&A Session1 Q&A Session2 Q&A Session3 Q&A Session4 Q&A Session5 Q&A Session6 Medical Presentationas presented at AAD 2026 Once-daily Oral Zasocitinib Demonstrates Rapid and Reproducible Skin Clearance with a Consistent Safety Profile in Moderate-to-Severe Plaque Psoriasis: Results from Two Randomized Phase 3 Trials (LATITUDE-PsO-3001 and 3002) Disclosures Zasocitinib is an investigational, oral, allosteric, highly selective and potent TYK2 inhibitor LATITUDE-PsO-3001 and 3002 were randomized, multicenter, double-blind, placebo- and apremilast-controlled phase 3 trials(1) LATITUDE-PsO-3001 and 3002 were randomized, multicenter, double-blind, placebo- and apremilast-controlled phase 3 trials(2) Baseline demographics and characteristics were generally similar across treatment arms in each study Zasocitinib met the co-primary endpoints in both studies (sPGA 0/1 and PASI 75 versus placebo at Week 16)(1) Zasocitinib met the co-primary endpoints in both studies (sPGA 0/1 and PASI 75 versus placebo at Week 16)(2) Zasocitinib led to greater proportions of patients achieving PASI 90 than apremilast or placebo as early as Week 4(1) Zasocitinib led to greater proportions of patients achieving PASI 90 than apremilast or placebo as early as Week 4(2) Zasocitinib led to greater proportions of patients achieving clear skin versus apremilast or placebo as early as Week 8(1) Zasocitinib led to greater proportions of patients achieving clear skin versus apremilast or placebo as early as Week 8(2) Zasocitinib demonstrated superior improvement in DLQI versus apremilast or placebo as early as Week 4 Zasocitinib was well tolerated with no new safety signals identified through Week 24 More than 90% of patients continuing zasocitinib at Week 40 maintained sPGA 0/1, PASI 75 and PASI 90 through Week 60 Conclusions Acknowledgments Back Next