Half-Year Financial Report 2026

Glossary

ADS

American Depositary Share; one ADS is equivalent to one ordinary share

AIHA

Autoimmune hemolytic anemia, a rare autoimmune disease in which the immune system destroys red blood cells

BCMA

B cell maturation antigen, a protein target involved in immune disease biology

BCMAxCD3

Bispecific construct targeting BCMA and CD3 to engage T-cells

CAD

Cold agglutinin disease, a rare autoimmune hemolytic anemia

Cash position

Financial investments and cash and cash equivalents available to the company

Fast Track Designation

FDA designation intended to facilitate development and expedite review of therapies for serious conditions

FDA

U.S. Food and Drug Administration

GALACELA

Phase 2 study with GLPG3667 in patients with systemic lupus erythematosus

GALARISSO

Phase 2 study with GLPG3667 in patients with dermatomyositis

Gamgertamig

Investigational BCMAxCD3 T-cell engager being developed for autoimmune diseases

GLPG3667

TYK2 inhibitor evaluated in dermatomyositis and systemic lupus erythematosus

ITP

Immune thrombocytopenia, an autoimmune disease characterized by low platelet counts

LCA

License and Collaboration Agreement governing development and commercialization rights

OLCA

Option, License and Collaboration Agreement

Orphan Drug Designation

Regulatory designation granted to therapies intended for rare diseases

Pemphigus vulgaris (PV)

Rare autoimmune blistering disease affecting skin and mucous membranes

Phase 1b

Clinical development stage evaluating safety and early activity in patients

Phase 2

Clinical development stage evaluating efficacy, safety and dose selection

Share repurchase program

Program under which a company buys back its own shares

Sjogren’s disease

Chronic autoimmune disease affecting moisture-producing glands

Systemic lupus erythematosus (SLE)

Autoimmune disease affecting multiple organs and tissues

T-cell engager

Engineered therapy designed to redirect T cells toward target cells

TYK2

Tyrosine kinase 2, an intracellular signaling protein involved in immune responses