Ocugen : Corporate Deck

Our Mission is to

Develop Gene Therapies to Cure

Blindness Diseases

and

Develop a Vaccine to fight

COVID-19

NASDAQ: OCGN

Corporate Deck: January 2021

Forward Looking Statement

This presentation contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, contained in this presentation, including statements regarding our business strategy, future results of operations and financial position, prospective products, product approvals, research and development costs, timing and likelihood of success, estimated market size or growth, and plans and objectives of management for future operations, are forward-looking statements. When used in this presentation, the words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, including those risks set forth in the Company's filings with the Securities and Exchange Commission, which are available at www.sec.gov, that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements are based on our management's beliefs and assumptions and on information available to management as of the date of this presentation. Our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

This presentation includes estimates by us of statistical data relating to market size and growth and other estimated data about our industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. This presentation also includes statistical and other industry and market data that we obtained from industry publications and research, surveys and studies conducted by third parties. Industry publications and third-party research, surveys and studies generally indicate that their information has been obtained from sources believed to be reliable, although they do not guarantee the accuracy or completeness of such information. While we believe these industry publications and third-party research, surveys and studies are reliable, we have not independently verified such data.

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

©2021 Ocugen. All Rights Reserved.

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Ocugen Overview

Developing transformative therapies for blindness diseases and a vaccine for COVID-19

OCUGEN'S

BREAKTHROUGH MODIFIER GENE THERAPY PLATFORM

NOVEL BIOLOGIC

COVID-19

VACCINE

• Potential for one product to treat many diseases & multi-factor approach (POC study results published in Nature)
• OCU400 (AAV-NR2E3): 4 FDA Orphan Drug Designations with the potential to treat broad Retinitis Pigmentosa (RP), which has over 150 gene mutations, in lieu of developing separate therapies for each mutation under traditional gene therapy - initiation of Phase 1/2a within a year
• OCU410 (AAV-RORA): Potential to treat dry age-related macular degeneration (Dry AMD) through multi-factor treatment approach - initiation of Phase 1/2 in 2022
• Strategic manufacturing partnership with CanSinoBio (~$7B market cap) - sets clear path for critical manufacturing
• OCU200: Targeting major retinal diseases: Diabetic Macular Edema (DME), Diabetic Retinopathy (DR), and Wet Age- Related Macular Degeneration (Wet AMD) (estimated global market size over $10B) - initiation of Phase 1/2 in 2022
• Novel MoA: Potential to initially treat non-responders to anti-VEGF/ therapies (~50% of patients)
• COVAXIN™: Whole-virion inactivated COVID-19 vaccine candidate (with adjuvant). Co-develop with Bharat Biotech for the US market (currently received EUA in India). Standard vaccine storage condition (2-8°C)
• Promising safety and immunogenicity demonstrated by the Phase 1 and Phase 2 trials in India. Currently in Phase 3 trials in India involving about 26,000 volunteers
• Potential coverage against multiple protein antigens of the virus and potentially applicable to broader population

©2021 Ocugen. All Rights Reserved.

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Ophthalmology and Vaccine-Focused Expertise

Leadership Team

Shankar Musunuri, PhD, MBA	Mohamed Genead, MD	Sanjay Subramanian, MBA
Chairman, CEO and Co-Founder	Acting CMO and Chair of SAB	CFO and Head of Corporate Development

Vijay Tammara, PhD	Arun Upadhyay, PhD	Jessica Crespo, CPA
SVP, Regulatory & Quality	Head of Research & Development	Corporate Controller

©2021 Ocugen. All Rights Reserved.

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