Investor Presentation: August 2022

CYTR

OTCQB: CYTR

CORPORATE OVERVIEW August 2022

CytRx Safe Harbor Statement

THIS PRESENTATION CONTAINS FORWARD-LOOKING STATEMENTS THAT INVOLVE CERTAIN RISKS AND UNCERTAINTIES. SUCH STATEMENTS MAY BE PRECEDED BY THE WORDS "INTENDS," "MAY," "WILL," "PLANS," "EXPECTS," "ANTICIPATES," "PROJECTS," "PREDICTS," ESTIMATES," "AIMS," "BELIEVES," "HOPES," "POTENTIAL" OR SIMILAR WORDS. FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF MANAGEMENT AS WELL AS

CERTAIN ASSUMPTIONS MADE BY AND INFORMATION CURRENTLY AVAIALABLE TO MANAGEMENT, ARE NOT GUARANTEES OF FUTURE PERFORMANCE, AND ARE SUBJECT TO VARIOUS KNOWN AND UNKNOWN RISKS AND

UNCERTAINTIES, MANY OF WHICH ARE BEYOND CYTRX'S CONTROL, AND CANNOT BE PREDICTED OR QUANTIFIED AND

CONSEQUENTLY, RESULTS MAY DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD- LOOKING STATEMENTS AS A RESULT OF VARIOUS RISKS AND UNCERTAINTIES, INCLUDING THOSE RISK FACTORS DISCUSSED IN THE ANNUAL AND QUARTERLY REPORTS THAT CYTRX FILES WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION. STATEMENTS CONTAINED HEREIN ARE MADE AS OF THE DATE OF THIS PRESENTATION UNLESS STATED OTHERWISE, AND NEITHER THIS PRESENTATION, NOR ANY SALE OF SECURITIES, SHALL UNDER ANY CIRCUMSTANCES CREATE AN IMPLICATION THAT THE INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY TIME AFTER SUCH DATE OR THAT INFORMATION WILL BE UPDATED OR REVISED TO REFLECT INFORMATION THAT SUBSEQUENTLY BECOMES AVAILABLE OR CHANGES OCCURRING AFTER THE DATE HEREOF. CYTRX RESERVES THE RIGHT TO UPDATE, AMEND OR SUPPLEMENT THE INFORMATION AT ANY TIME IN ITS ABSOLUTE DISCRETION (WITHOUT INCURRING ANY OBLIGATION TO DO SO). INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THESE DOCUMENTS FREE OF CHARGE ON THE SEC'S WEB SITE AT WWW.SEC.GOV. CYTRX ASSUMES NO OBLIGATION TO PUBLICLY UPDATE OR REVISE ITS FORWARD-LOOKING STATEMENTS AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.

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Management and Board

Stephen Snowdy, PhD

Gilad Gordon, MD

John Caloz

CEO

R&D/Regulatory

CFO

Recently joined CytRx

Consultant

30+ years of CFO

PhD Neurobiology

Oncology development

experience in life

University of North

expert

sciences sector

Carolina

30 years experience

Occulogix, IRIS Int'l,

20 years of experience

developing cancer

Synarc, Phoenix Int'l

in medical executive

treatments

Life Sciences

management

Directly responsible

for

Venture capital

50 INDs, hundreds

of

Medical devices

clinical trials

Board of Directors

Chair of the Board. CEO of Panbela

Therapeutics. Former CEO of Delcath,

Oncology Lead at Imclone, Product

Director Oncology Marketing at Ortho

Biotech

Chair of Audit Committee. 30 years of experience in tax, finance, and auditing.

Chair of the Compensation Committee.

CEO of Adial Pharmaceuticals Inc.

Former CEO of Prosperity Capital

Management, LLC.

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Investment Highlights

CytRx has developed elegant tumor targeting and

release molecules called LADR that are based on

CytRx is stage-diversified, with LADR-based drugs stretching

small molecular entities (no complex antibodies or

from registrational Phase 2 in pancreatic cancer to late pre-

nanoparticles) allowing for higher dosing and

clinical next-gen drugs

lower off-target tox

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LADR=Linker Activated Drug Release

LADR-based drugs take advantage of circulating albumin as Trojan Horse:

LADR:

Ultra High Potency Drug

Payload

Cleavable Linker

Targeting

* Kratz, F. Albumin as a drug carrier. J Cont Rel (2008) 132:171-183

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Disclaimer

CytRx Corporation published this content on 10 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2022 23:09:03 UTC.