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Mirati Therapeutics

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FY2022 Annual Report · Mirati Therapeutics
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INNOVATION 
CREATING 
HOPE
2022 ANNUAL REPORT

David Meek
Chief Executive Officer,
Mirati Therapeutics, Inc.
Dear shareholders: 
As a targeted oncology company with a focus 
on delivering transformative therapies, we 
are deeply rooted in our commitment to 
unlock the promise of a life beyond cancer for 
patients and their families. These individuals-  
mothers, fathers, grandparents, friends, and 
others – are our purpose. Their fight inspires 
our innovation and compels us to discover, 
design and deliver impactful treatment 
options for people living with cancer.
In 2022, we made important strides in our fight against cancer as the 
U.S. Food and Drug Administration granted Accelerated Approval of 
our first product, KRAZATI®, as a targeted treatment option for adult 
patients with KRASG12C-mutated locally advanced or metastatic non-
small cell lung cancer (NSCLC) who have received at least one prior 
systemic therapy. We are thrilled to be able to deliver this potentially life 
changing treatment to the people who could benefit from it.
In addition, in 2022, we continued to advance our scientific programs 
as we relentlessly focus on developing first-in-class and best-in-class 
targeted therapies. The continued advancement of our broad and 
innovative portfolio of targeted treatments increases our ability to 
create positive, impactful options for people living with cancer. 
These accomplishments are a result of the hard work and dedication of 
our talented team. I am grateful for the contributions and dedication of 
our employees. As we look forward, we remain committed to ensuring 
Mirati continues to foster a culture of diverse professional experiences 
and inclusivity, with the knowledge, skills, and passion to succeed. 
We are excited as we look to the future and our ability to deliver on our 
promise to patients. Our investments in sustainability and innovation 
will help position us well for long-term growth and success, allowing us 
to continue to deliver value to patients and shareholders. We thank you 
for your continued support.
2022
 Year
in Review

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BK>;KN:KR  ?B13/?A3?"6 /&1(%!$!..%*#0+* BK>;KN:KR  B97363??7;5A<;"6 /.+* 2%/ BK>;KN:KR  /?<;/C7@ /$!*.5& "1$/ BK>;KN:KR  3;?FB16@ /.%#&+$*/+* BK>;KN:KR  ?/75<6;@<; /)5).0%*!6 2%/ BK>;KN:KR  /F//?A7;3G/C7@ //$(%*%/$., BK>;KN:KR  %6/97;7%6/?=         [This page intentionally left blank] [This page intentionally left blank] Corporate Information General Information Board of Directors Executive Management Corporate Headquarters 3545 Cray Court San Diego, CA 92121 1-844-MIRATI-1 (1-844-647-2841) info@mirati.com Transfer Agent Computershare Independent Registered Public Accounting Firm Ernst & Young, LLP Corporate Counsel Cooley, LLP Investor Relations ir@mirati.com Media Relations media@mirati.com Faheem Hasnain Chairman of the Board and Lead Independent Director David Meek Director, Chief Executive Officer Charles M. Baum, M.D., Ph.D. Director, President, Founder and Head of Research & Development Bruce Carter, Ph.D. Director Julie Cherrington, Ph.D. Director Aaron Davis Director Henry Fuchs, M.D. Director Craig Johnson Director Maya Martinez-Davis Director Shalini Sharp Director David Meek Chief Executive Officer and Board Member Charles M. Baum, M.D., Ph.D. President, Founder and Head of Research & Development, and Board Member James Christensen, Ph.D. Chief Scientific Officer Reena R. Desai Chief Legal Officer and Corporate Secretary Benjamin Hickey Chief Commercial Officer Mike Paolucci Chief People Officer Alan Sandler, M.D. Chief Medical Officer Laurie Stelzer Chief Financial Officer Safe Harbor Statement This annual report includes forward-looking statements regarding Mirati’s business, financial guidance and the therapeutic and commercial potential of KRAZATI® (adagrasib), sitravatinib (TAM receptor inhibitor), MRTX1719 (MTA cooperative PRMT5 inhibitor), MRTX0902 (SOS1 inhibitor), and MRTX1133 (selective KRASG12D inhibitor), Mirati’s technologies and Mirati’s other products in development. Any statement describing Mirati’s goals, expectations, intentions or beliefs, financial or other projections, including those related to cash burn, is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties that could have on our business, and including those inherent in the process of discovering, developing and commercializing medicines that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such medicines. Mirati’s forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Mirati’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Mirati. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Mirati’s programs are described in additional detail in Mirati’s quarterly reports on Form 10-Q and annual reports on Form 10-K, which are on file with the Securities and Exchange Commission (the “SEC”) and available at the SEC’s Internet site (www.sec.gov). These forward-looking statements are made as of the date of this annual report, and Mirati assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Copyright © 2023. Mirati Therapeutics, Inc. All rights reserved. All trademarks belong to their respective owners. Mirati Therapeutics, Inc. 3545 Cray Court San Diego, CA 92121 www.mirati.com