Analyst Coverage

Firm	Analyst
BAIRD	Jack K. Allen, CFA
B. Riley Securities	Mayank Mamtani
Craig-Hallum Capital Group LLC	Albert G. Lowe, PhD.
D. Boral Capital LLC	Jason Kolbert
H.C. Wainwright & Co., LLC	Joseph Pantginis Ph.D.
Maxim Group LLC	Jason McCarthy Ph.D.
Raymond James & Associates	Sean McCutcheon, PhD

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.