Analyst Coverage

Firm	Analyst
BAIRD	Jack K. Allen, CFA
B. Riley Securities	Mayank Mamtani
Cantor Fitzgerald	Kristen Kluska
Dawson James Securities	Jason H. Kolbert
H.C. Wainwright & Co., LLC	Joseph Pantginis Ph.D.
Maxim Group LLC	Jason McCarthy Ph.D.
Noble Capital Markets, Inc.	Rob LeBoyer
Raymond James & Associates	Dane Leone

Lineage Cell Therapeutics, Inc. is followed by the analysts listed. Please note that any opinions, estimates or forecasts regarding Lineage Cell Therapeutics, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Lineage Cell Therapeutics, Inc. or its management. Lineage Cell Therapeutics, Inc. does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.