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Indication PatientPopulation

Phase of Development

Orphan Designation

Fast Track Status

Open-Label Extension

NondilutiveFunding

Highlights

Genetic /Inflammatory Cystic Fibrosis (CF) 75,000

(worldwide) Phase 2b ✓ ✓ $30MM Awarded from CFF2

Patient dosing expected to commence

Q1 2018

Autoimmune

Systemic Sclerosis (SSc)

90,000(US+EU)

Phase 3“RESOLVE-1” ✓ ✓ ✓ Commenced patient

dosing Q1 2018

Dermatomyositis (DM)

70,000(US)

Positive Phase 2 ✓ ✓

NIH Funded1

Next clinical study expected to commence

H2 2018

Systemic Lupus Erythematosus

(SLE)

500,000(US+EU) Phase 2 ✓

NIH Funded1

Commenced patient dosing Q1 2018

Management TeamYuval Cohen, Ph.D.

Chief Executive Officer, Director

Mark Tepper, Ph.D.President, Chief Scientific Officer

Barbara White, M.D. Chief Medical Officer

Sean Moran, M.B.A., C.P.A.Chief Financial Officer

Board of Directors

Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases. The Company’s lead product candidate, lenabasum, is a novel, synthetic oral endocannabinoid-mimetic drug designed to resolve chronic inflammation and fibrotic processes. Lenabasum is currently being evaluated in systemic sclerosis, cystic fibrosis, dermatomyositis and systemic lupus erythematosus.

NASDAQ: CRBPShare Price*: $7.10Market Cap*: $405MShares Outstanding: 57.1MAverage daily trading volume 955K shares*As of March 9, 2018

Amb. Alan Holmer - Chairman Former Chief Executive Officer of PhRMA and Chair of Cystic Fibrosis Foundation

Chapter, Washington, DC

Yuval Cohen, Ph.D. Chief Executive Officer, Director

Mr. David Hochman - Director Orchestra Ventures

Dr. Renu Gupta - Director Former Chief Medical Officer of Insmed

Avery W. Catlin - Director Retired Chief Financial Officer, Celldex

Paris Panayiotopoulos - Director Former President and Chief Executive Officer

and a member of the Board of Directors of ARIAD Pharmaceuticals, Inc

Developing Breakthrough Therapies for Rare In�ammatory and Fibrotic Diseases

TM

Institutional Investor Inquiries:Corbus Pharmaceuticals, Inc.Ted Jenkins, Senior Director,

Investor Relations and CommunicationsPhone: 617.415.7745

Email: [email protected]

All Other Investor Inquiries:Jenene Thomas Communications

Jenene ThomasPhone: 908.938.1475 Email: [email protected]

1: NIH grants fund Phase 2 trials of lenabasum in dermatomyositis and systemic lupus erythematosus; Corbus retains all rights to the product and owns the IND data; 2: $5 million awarded in 2015 for first Phase 2 study, project completed; up to additional $25 million development awarded in 2018 towards Phase 2b study

Lenabasum Pipeline: Multiple Opportunities in Rare Autoimmune / Inflammatory / Fibrotic Diseases

Expected Development Milestones

700,000people living with these

4 conditions in the 7 Major Markets

$30MMAwarded

from CFF2

SSc:üDose first patient in Phase

3 RESOLVE-1 study• Report data from OLE

CF:üCommence Phase 2b study• Dose first patient in Phase

2b study

DM:• Launch next study• Report data from OLE

SLE:üDose first patient in

Phase 2 study

SSc:• Complete dosing in

Phase 3 RESOLVE-1 study

CF:• Complete enrollment and

patient dosing in Phase 2b study

DM:• Complete enrollment in

next study

SLE:• Complete dosing in

Phase 2 study

SSc:• Report data from Phase 3

RESOLVE-1 study• Prepare NDA filing

CF:• Report topline results

from Phase 2b study

SSc:• Expected approval• Commercial launch

2018 2019 2020 2021

Developing Breakthrough Therapies for Rare In�ammatory and Fibrotic Diseases

TM

80% Female Patients

90,000Patients in the US & EU No SSc-Specific

Drugs Currently Approved

Chronic inflammatory autoimmune disease causing fibrosis of skin and internal organs

Chronic autoimmune disease in which the immune system attacks the body, leading to widespread inflammation and tissue damage

Patients in the US & EU75,000

No Drugcurrently approvedtargeting inflammation and fibrosis

PExPulmonary Exacerbations (PEx)

main driver of morbidity and mortality

Serious systemic autoimmune condition characterized by distinct skin lesions that can be accompanied by erosions, photosensitivity, itch, ulcers, calcinosis and hair loss as well as muscle inflammation and wasting

Currently treated with immunosuppressive therapies, but with significant toxicities

70,000Patients in the US & EU 10 Year Survival Rate

Patients in the US & EU500,000 Only One Drug

currently approved for use 1 Occurs More Often in Women of ChildBearing Age

Systemic Sclerosis

Cystic Fibrosis

Dermatomyositis

Systemic Lupus Erythematosus

40%-60% Mortality

in 10 years

57%

Life-threatening, genetic disease that primarily affects the lungs and digestive system, characterized by chronic lung inflammation that leads to lung damage and fibrosis

Target Indication Overview

Systemic Sclerosis Ongoing Phase 3 RESOLVE-1 Study

Double-blind20mg BID

5mg BID placebo

or

or

Dosing

52 week studyrandomized, placebo-controlled

Primary Endpoint: Change from baseline in mRSS

Secondary Endpoints: Change from baseline in HAQ-DI; ACR CRISS; Change from baseline in FVC % predicted Primary Endpoint:

Event rate of pulmonary exacerbations 20mg BID vs. placebo - Physician decision to treat with oral, intravenous or inhaled antibiotic(s) in the presence of at least 4/12 Fuch’s criteria

Cystic Fibrosis Ongoing Phase 2b Study

Secondary Endpoints: Other measures of pulmonary exacerbations; CFQ-R Respiratory Domain Score; FEV1 % predicted

Inclusion Criteria: 12 years of age and older; Enrichment for exacerbations; Any mutation, infecting organism, antibiotics and other background medications, including Orkambi® and Kalydeco®

~354 Subjectsoverall ratio of lenabasum:placebo1:1:1

~415 Subjectsoverall ratio of lenabasum:placebo3:2

clinical sites across North America, Europe, Israel and Australia ~100

Double-blind28 week study

randomized, placebo-controlled

clinical sites across North America, Europe, Israel, Japan, South Korea and Australia

*Up to $25 million development award from CFF, announced in January 2018

~70

20mg BID

5mg BID placebo

or

or

Dosing

Supported by $25 Million Development Award from Cystic Fibrosis Foundation*Topline Data Expected 2020

80% Female Patients


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