{
  "docId": "019dd923-5efe-75c0-8dff-2e87a7b85930",
  "docSlug": "d74f6dfc5c764997",
  "documentTitle": "2026 Capital Markets Day AM",
  "authorId": "Syncona",
  "authorName": "Syncona",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 2,
  "pageCount": 55,
  "prevPage": 1,
  "nextPage": 3,
  "slideType": "disclaimer",
  "function": "other",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8dff-2e87a7b85930/2",
  "deckHref": "/decks/019dd923-5efe-75c0-8dff-2e87a7b85930",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8dff-2e87a7b85930.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8dff-2e87a7b85930#slide-2",
  "components": [
    {
      "bbox": {
        "h": 0.094,
        "w": 0.465,
        "x": 0.506,
        "y": 0.326
      },
      "kind": "disclaimer",
      "text": "This presentation is not for publication, release or distribution, directly or indirectly,nor should it be taken or transmitted, directly or indirectly, into any other jurisdiction where to do so would constitute a violation of the laws of that jurisdiction. The distribution of this presentation outside the United Kingdom may be restricted by law and therefore persons outside the United Kingdom into whose possession this presentation comes should inform themselves about and observe any such restrictions as to the distribution of this presentation.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1351783a-105e-47b6-80bb-5081bb7aa1fe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.106,
        "w": 0.465,
        "x": 0.506,
        "y": 0.191
      },
      "kind": "disclaimer",
      "text": "Any target return of Syncona Limited referred to in this presentation is based on performance projections produced by Syncona Limited and to the best of their knowledge and belief. It is a target only and therefore subject to change. There is no guarantee that any target return of Syncona Limited can be achieved and past or targeted performance is no indication of current or future performance or results. There can be no assurance that the strategy described in this presentation will meet its objectives generally, or avoid losses.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2574b85e-96d9-42d4-be5e-13ac4feee385",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.055,
        "w": 0.465,
        "x": 0.031,
        "y": 0.454
      },
      "kind": "disclaimer",
      "text": "This presentation speaks as of its date and the information and opinions it contains are subject to change without notice. Neither Syncona Limited nor its affiliates, agents, directors, managers and advisers (together “representatives”) are under any obligation to update or keep current the information contained in this presentation.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5b4eb70f-4b77-4a82-8330-3533803a0ad6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.132,
        "w": 0.465,
        "x": 0.506,
        "y": 0.436
      },
      "kind": "disclaimer",
      "text": "Syncona Limited seeks to achieve returns over the long term. Many companies in the Syncona Limited portfolio are conducting scientific research and clinical trials where the outcome is inherently uncertain and there is significant risk of negative results or adverse events arising. In addition, many companies in the Syncona Limited portfolio have yet to commercialise a product and their ability to do so may be affected by operational, commercial and other risks. The timing of positive or negative outcomes is uncertain and investors should be aware that over shorter periods our returns are likely to be volatile. The price of shares in Syncona Limited is determined by market supply and demand, and may be volatile in response to changes in demand and different to the net asset value.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5bfabdd7-a320-432d-91d4-826e6861267e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.158,
        "w": 0.465,
        "x": 0.031,
        "y": 0.695
      },
      "kind": "disclaimer",
      "text": "The presentation may contain “forward-looking statements” regarding the belief or current expectations of Syncona Limited and its representatives about the financial condition, results of operations and business of Syncona Limited and its portfolio of investments. Such forward-looking statements are not guarantees of future performance. Rather, they speak only as of the date of this presentation, are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Syncona Limited and are difficult to predict, that may cause the actual results, performance, achievements or developments of Syncona Limited, its current or future investments or the industry in which it operates to differ materially from any future results, performance, achievements or developments expressed or implied from the forward-looking statements.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7eaf26ba-b0e5-46a8-8f01-ce901bcf02da",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.042,
        "w": 0.465,
        "x": 0.031,
        "y": 0.269
      },
      "kind": "disclaimer",
      "text": "In this statement, “presentation” means this document together with any oral presentation, any question or answer session and any written or oral material discussed or distributed alongside or in connection with this document.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "836f09ba-6e30-47ad-aea7-a65afa09ce80",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.055,
        "w": 0.465,
        "x": 0.031,
        "y": 0.191
      },
      "kind": "disclaimer",
      "text": "This presentation has been prepared and published solely for informational purposes. Nothing contained in this presentation is intended to constitute an offer, invitation or inducement to engage in an investment activity.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d7f9015-f6d5-4247-a643-9b24d2c35b6b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.081,
        "w": 0.465,
        "x": 0.031,
        "y": 0.344
      },
      "kind": "disclaimer",
      "text": "In making this presentation available, Syncona Limited makes no recommendation to purchase, sell or otherwise deal in shares in Syncona Limited or any other securities or investments of Syncona Limited or any other company and you should neither rely nor act upon, directly or indirectly, any of the information contained in this presentation in respect of such investment activity. This presentation has not been approved by an authorised person or by any supervisory or regulatory authority.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d31fbc07-5e1a-4d22-9222-b526a6b1a880",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.068,
        "w": 0.465,
        "x": 0.031,
        "y": 0.538
      },
      "kind": "disclaimer",
      "text": "The information and opinions contained in the presentation do not purport to be comprehensive. This presentation has not been independently verified. No representation, warranty or other assurance, express or implied, is or will be made in relation to, and no responsibility is or will be accepted by Syncona Limited or its representatives as to the accuracy, correctness, fairness or completeness of, the information or opinions contained in this presentation.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ed7f2198-727b-4ef3-882f-12958076b4d8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.298,
        "x": 0.031,
        "y": 0.075
      },
      "kind": "title",
      "text": "Cautionary statement",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "99003342-c9a0-4eee-9168-af3e4cbe5a19",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 1,
      "beatId": "7d16dbf4-b924-4393-addb-c33a3c7c9e66",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Situation & Context",
      "beatSlug": "consultants-gambit-situation-context",
      "evidence": "The presentation begins with a cover slide, disclaimer, market landscape, and agenda, setting the context for the discussion",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}