Karyopharm Therapeutics : Corporate Presentation

KPTI

Published on 04/16/2026 at 07:24 am EDT

Corporate Presentation

April 2026

XPOVIO® (selinexor) has a Novel & Differentiated MoA that has the Potential to Treat Various Cancers1

for XPOVIO/NEXPOVIO®

(selinexor); Now Approved in more than 50 Countries

Observed

042 trial of Selinexor in Endometrial Cancer

1. Makker ASCO 2024; Tantravahi ASH 2023; Mechanism of Action (MoA). 2. Clarivate/DRG MF Landscape report (2023)

Indication

Early Stage

Mid Stage

Late Stage

Commercial

Multiple myeloma (penta-refractory) w/dexamethasone

Multiple myeloma (2L+)

w/bortezomib + dexamethasone

DLBCL (R/R) Monotherapy1

SELINEXOR

Myelofibrosis (JAKi naïve)

Topline Data Announced March 2026

Endometrial cancer (TP53 WT)

Topline Data Expected Mid-2026

Multiple myeloma (2L+ post-anti CD38)2

DLBCL (R/R)1

ELTANEXOR3

TBD (e.g. MPNs, TP53 wild-type solid tumors)

KPT-92743

Rhabdomyosarcoma / Ewings Sarcoma

KPT-3503

TBD

hematologic cancer solid tumor cancer

1. The FDA has requested the Company withdraw the accelerated approval of the DLBCL indication due to the Company's inability to complete the confirmatory trial. The Company has agreed with the FDA's request and will voluntarily withdraw the accelerated approval of the DLBCL indication in light of the feasibility of completing the confirmatory trial. As a result, the Company will cease ongoing and any further clinical development and related operational expenses in this indication. 2. EMN29 Study: Sponsored by European Myeloma Network. 3. Further development of the Company's early-stage pipeline is currently paused in line with prioritization of late-stage pipeline programs.

©2026 KARYOPHARM THERAPEUTICS INC.

Co-Primary Endpoint

Statistically Significant

Rapid, Near-Doubling

and Sustained SVR35 Rates Compared to Ruxolitinib

Co-Primary Endpoint

Not Statistically Significant

Similar Improvement

in Symptoms Compared to Ruxolitinib

Secondary Endpoint

Nominally Significant

Promising Signal of

Overall Survival Compared to

Ruxolitinib

Pre-Specified Exploratory Endpoint

VAF Reduction Suggests Evidence of Potential Disease Modification

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

Opportunity to Improve Outcomes Four Hallmarks of Myelofibrosis

Low rates of SVR351

No novel mechanisms beyond JAK

inhibitors

Median survival of patients with

intermediate-to-high risk myelofibrosis is 4 to 5 years4,8

Minimal evidence of disease

modification9

Bone Marrow Fibrosis3

Enlarged Spleen5

Constitutional Symptoms2,6,7

Abnormal Blood Cell Production3

1. Ruxolitinib-alone arms of SIMPLIFY-1 Study, 2017; MANIFEST-2 Study,ASH 2023; and Transform-1 Study ASH 2023 2. Tefferi A. Am J Hematol. 2023;98:801-821. 3. O'Sullivan JM, Harrison CN. Clin Adv Hematol Oncol. 2018;16(2):121-131.

4. Passamonti F, et al. Blood. 2010;115(9):1703-1708. 5. Vannuchi A, et al. Haematologica. 2015;100(9):1139-1145. 6. Mesa R, et al. Leuk Res. 2009;33(9):1199-1203. 7. Mitra D, et al. Cancer Med. 2013;2(6):889-898. 8. Data on File; internal analysis of published MF trial data. 9. Pemmaraju et. al Cancer 2022.

XPO1 Inhibition is a Multifaceted Approach to Inhibiting the Drivers of Myelofibrosis1-9

SEL

↓ Clonal cell division

↓ Splenomegaly

↓ Variant Allele Frequency (VAF)

↓ NFκB activity

↓ Cytopenias, fibrosis, constitutional symptoms

c-myc

XPO-1

c-myc

XPO-1

SEL

IκBα

Inflammatory cytokine / chemokine

Oncogene Oncogene mRNA

Tumor suppressor protein

↑ Apoptosis

IκBα

JAK-STAT

signaling

JAKi

JAK2 IL-6

SEL

JAKi

IκBα

Selinexor JAK inhibitor

↓ Variant Allele Frequency

(VAF)

p53

XPO-1

p53

NUCLEUS

SEL

CYTOPLASM

1. Yan D et al. Clin Cancer Res. 2019;25(7):2323-2335. 2. Kashyap T et al. Oncotarget. 2016;7(48):78883-78895. 3. Walker CJ et al. Blood. 2013;122(17):3034-3044. 4. Cheng Y et al. Mol Cancer Ther. 2014;13(3): 675-686. 5. Argueta C et al. Oncotarget. 2018;9(39);25529-25544. 6. Gandhi UH et al. Clin Lymphoma Myeloma Leukemia. 2018;18(5):335-345. 7. Garg M et al. Oncotarget. 2017;8(5):7521-7532. 8. Tan M et al. Am J Physiol Renal Physiol. 2014;307(11): F1179-1186. 9. Turner JG et al. Oncotarget. 2016;7(48):78896-78909.

(N=353)

Plt >100 x 109/L

R

Ruxolitiniba BID + Placebo

Ruxolitiniba BID + Selinexor 60 mg QW (28-day cycle)

Primary Endpoints

(tested sequentially)

SVR35 week 24c

+

Abs-TSS

week 24b,c,d

2:1

Select Secondary and

Exploratory Endpointse

Progression free survival

Overall survival

Hemoglobin stabilization

Variant allele frequency (VAF) reduction

Bone marrow fibrosis improvement

Changes in cytokine levels

*NCT04562389

Randomization stratified by:

Dynamic International Prognostic Scoring System (DIPSS) risk category intermediate -1 vs. intermediate -2 or high-risk

Spleen volume <1800 cm3 vs. >1800 cm3 by MRI/CT scan

Baseline platelet counts 100-200 x 109/ L vs. >200 x 109/L

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

a. Ruxolitinib dose based on platelet count per prescribing information. b. Evaluated by Myelofibrosis Symptom Assessment Form (MFSAF) v4.0. c. Both endpoints are powered at >80%; the assumptions for SVR35 is 40% for ruxolitinib and 70% for selinexor + ruxolitinib; assumptions for Abs-TSS are a >4-point delta and a standard deviation of 12 for both arms. d. Active symptoms of myelofibrosis as determined by presence of at least 2 symptoms using the MFSAF version 4.0. e. A sample of secondary and exploratory endpoints to be evaluated. Abs-TSS; absolute TSS; BID: Twice daily; JAKi, janus kinase inhibitors; Plt: Platelet; QW: Once weekly; SVR35: Spleen volume reduction ≥ 35%

Selinexor + Ruxolitinib (N = 235)

Placebo + Ruxolitinib (N = 118)

Spleen Volume Reduction

SVR35 at Week 24, n (%) 117 (49.8) 33 (28.0)

Exact 95% CI (43.2, 56.4) (20.1, 37.0)

Superior SVR35 at week 24

Difference in SVR35 at Week 24 (%) (Selinexor vs. Placebo)

21.82

of 50%, a near doubling compared to 28% with ruxolitinib monotherapy (p<0.0001)

95% CI (11.50, 32.14)

Cochran-Mantel-Haenszel Test (Selinexor vs. Placebo)

Odds Ratio (95% CI) 2.58 (1.60, 4.17)

One-Sided P-value <.0001

Data Cutoff Date: 2026-02-20

CI=Confidence Interval; SVR35=Spleen Volume Reduction of >=35%

Note: SVR35 at Week 24 is defined as proportion of patients with a >=35% reduction in spleen volume from baseline to Week 24, as measured by MRI or CT scan by Investigator assessment. Note: Cochran-Mantel-Haenszel test is stratified by randomization factors. Note: n is the number of patients with SVR assessments available.

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

Selinexor +

Ruxolitinib

Placebo +

Ruxolitinib

(N = 235)

(N = 118)

Spleen Volume Reduction SVR35 at Week 12, n (%)

116 (49.4)

24 (20.3)

SVR35 at Week 24, n (%)

117 (49.8)

33 (28.0)

Rapid SVR35 at week 12 of Patients Who Completed Week 36 or

207

100

49% compared to 20% with

ruxolitinib monotherapy

Sustained SVR35 at week 36 of 47% compared to 23% with ruxolitinib monotherapy

Discontinued Prior to Week 36

SVR35 at Week 36, n (%) [1] 97 (46.9) 23 (23.0)

SVR35 at Any Timepoint, n (%) 159 (67.7) 53 (44.9)

Exact 95% CI (61.3, 73.6) (35.7, 54.3)

Cochran-Mantel-Haenszel Test

(Selinexor vs. Placebo)

Odds Ratio (95% CI) 2.59 (1.64, 4.10)

Nominal One-Sided P-value <.0001

Data Cutoff Date: 2026-02-20

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

CI=Confidence Interval; SVR35=Spleen Volume Reduction of >=35%

Note: SVR35 at Week 12 and 24 allows +/- 21-day window. SVR35 at Week 36 and 48 allows +/- 28-day window. Note: SVR35 at any timepoint is defined as proportion of patients with a >=35% reduction in spleen volume from baseline to any post-baseline assessments regardless of visit window before new anti-MF therapy or disease progression. Note: Cochran-Mantel-Haenszel test is stratified by randomization factors.

[1] Denominator is the number of patients who completed the spleen assessment or discontinued the study prior to the specific timepoint.

10

0

-10

Mean(+/- SD)

-20

-30

-40

-50

-60

-70

-80

Selinexor + Ruxolitinib Placebo + Ruxolitinib

Selinexor + Ruxolitinib

Placebo + Ruxolitinib

235

118

199

102

186 98

134 76

94 53

Baseline Week 12 Week 24 Week 36 Week 48

Not all patients have been followed beyond week 24

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

Data Cutoff Date: 2026-02-20

Symptom Improvement

Similar levels of absolute TSS improvement from baseline in the selinexor plus ruxolitinib arm compared to ruxolitinib

n

235

117

Median

21.71

19.57

Mean

22.74 (11.877)

22.23 (13.031)

Mean (STD)

2.1 , 53.9

3.0 , 58.3

Week 24

Adjusted Absolute Mean Change

-9.89

-10.86

from Baseline (95% CI)

(-11.19, -8.59)

(-12.58, -9.14)

Adjusted Mean Difference

0.97

(Selinexor vs. Placebo) (95% CI)

(-1.07, 3.02)

One-sided P-value

0.8246

Baseline

Selinexor + Ruxolitinib (N = 235)

Placebo + Ruxolitinib (N = 118)

These differences were not statistically significant

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

Data Cutoff Date: 2026-02-20

CI=Confidence Interval; TSS=Total Symptom Score

Note: TSS is the sum of the 6 individual symptom scores included in the MFSAF v4.0, excluding fatigue. Each individual symptom score is on the 0-10 scale, and the TSS ranges from 0 to 60. A higher TSS indicates a higher disease burden and thus a worse outcome.

Note: Adjusted absolute mean change from baseline, adjusted mean difference, 95% CI and p-value are based upon mixed-

effects model for repeated measures (MMRM) adjusted for randomization stratification factors, sex and baseline TSS.

Note: n is the number of patients with TSS available.

The Company intends to continue to follow OS to maturity to further evaluate this signal

Overall Survival (OS) is a pre-

specified secondary endpoint

Hazard ratio of 0.43 and a nominal p-value of 0.0222

Post-hoc landmark analyses at

weeks 12 and 24 suggest SVR35 may predict overall survival

Selinexor + Ruxolitinib (N = 235)

Placebo + Ruxolitinib (N = 118)

Patients with Events, n 11 of 235 12 of 118

Percentage (%) 4.7 10.2

Median OS Follow-up Time (Months) [1] 11.56 12.58

95% CI (10.71, 13.01) (10.61, 13.93)

Overall Survival - Stratified Test [2]

Hazard Ratio (95% CI) [3] 0.43 (0.19, 1.00)

One-Sided Nominal P-value (log-rank)

0.0222

Data Cutoff Date: 2026-02-20 CI=Confidence Interval

Note: Overall Survival (OS) is defined as the duration from date of randomization to date of death due to any cause.

Based on reverse Kaplan-Meier method by swapping the censoring status.

Stratified by the randomization stratification factors.

Based on Cox Proportional Hazard model with Efron's method of handling ties.

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

VAF reduction was a prespecified exploratory endpoint

The proportion of patients who achieved a ≥20% VAF reduction at week 24

was greater with selinexor plus ruxolitinib compared to ruxolitinib alone

32%

Selinexor + Ruxolitinib Combination (n=1694)

VS

24%

Ruxolitinib (n=924)

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

1. Ross et. al Blood 2024. 2. Guglielmelli et. al AM J HEMATOL 2024 3. Deininger et al Blood 2015. 4. n= patients with VAF analysis at baseline and week 24 Data Cutoff Date: 2026-02-20

Selinexor +

Ruxolitinib

Placebo +

Ruxolitinib

(N = 234)

(N = 116)

n (%)

n (%)

All Grade TEAEs1

Thrombocytopenia

139 (59.4)

50 (43.1)

Anaemia

134 (57.3)

67 (57.8)

Nausea

134 (57.3)

20 (17.2)

Constipation

74 (31.6)

42 (36.2)

Neutropenia

63 (26.9)

10 (8.6)

Safety and tolerability is consistent

with the known profile of selinexor

and ruxolitinib individually

No new safety signals identified

Grade 3+ TEAEs 164 (70.1) 58 (50.0)

TEAEs Leading to Study Treatment Discontinuation

34 (14.5) 10 (8.6)

Selinexor has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

The confirmed leukemic transformation rate was identical across both

treatment arms at 1.7%.

Selinexor is an FDA approved drug in certain indications, including multiple myeloma, and has been used to treat more than 30,000 patients.

Data Cutoff Date: 2026-02-20

Note: Adverse events are coded using MedDRA version 28.1. Multiple occurrences of the same preferred term will only be counted once for each patient.

1. Five most common TEAEs in the combination arm

Rapid, Near-Doubling and Sustained SVR35 Rates

Similar Improvement in Symptoms Relative to Ruxolitinib

Promising Signal in Overall Survival

VAF Reduction Suggests Evidence of Potential Disease Modification

SENTRY Supports Selinexor's Potential Role in Myelofibrosis

High Unmet Need with One Approved Class of Therapy

Engage with FDA on the Totality of the Data and sNDA Filing Plan

Present SENTRY results at medical meeting and submit manuscript for publication

Potential compendia inclusion in the second half of 2026

JAKi-naïve Patients

with Myelofibrosis

(n=58)

Plt ≥50 x 109/L

Selinexor 60 mg QW

(n=29)

Selinexor 40 mg QW

(n=29)

Primary Endpoint

SVR35 at week 24

Key Secondary Endpoints

Abs-TSS at week 241

Anemia response

PK/PD

Optional Add-on Medications

Week 12 if SVR <10%

Week 24 if SVR <35%

Add ruxolitinib2: if plt >50 x 109/L, and hemoglobin level is ≥ 10 g/dL

Add pacritinib: if plt <50 x 109/L1 • 4

Add momelotinib3 if plt >50 x109/L hemoglobin level is <10 g/dL

* NCT05980806

Pacritinib supply agreement with SOBI

The safety and efficacy of selinexor in myelofibrosis has not been established and has not been approved by the U.S. FDA or any other regulatory authority for use in myelofibrosis.

Topline data from all patients in the 60 mg cohort with at least 24 weeks of follow-up

expected in the second half of 2026

1. Evaluated in the myelofibrosis assessment form (MFSAF) 2. Ruxolitinib dose based on platelet count per prescribing information 3.In the U.S. only 4. For supply of pacritinib Plt: platelet; QW: Once weekly; SVR 35: Spleen volume reduction ≥ 35%; TSS50: Total symptom score reduction of ≥50%; PD: pharmacodynamic; PK: Pharmacokinetic

Opportunity to expand XPO1 inhibition across other MPNs1 (PV & ET) with eltanexor

Eltanexor is positioned to be our leading next generation XPO1 inhibitor in

MPNs2

1. Myeloproliferative neoplasms (MPNs) include myelofibrosis (MF), polycythemia vera (PV) and essential thrombocythemia (ET). 2. Preclinical data on file.

Disclaimer

Karyopharm Therapeutics Inc. published this content on April 16, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 16, 2026 at 11:23 UTC.