Contract analysis

TERM SHEET PROPOSED MERGER OF CALISTON BIOSCIENCES, INC. INTO PENTERRA PHARMACEUTICALS CORP. "Project Coriander" October 18, 2023 NON-BINDING — FOR DISCUSSION PURPOSES ONLY Except for Sections 15, 16, 17, and 18, which are binding obligations of the parties. Prepared by: Calderwood & Harkness LLP, 1700 Market Street, Suite 3400, Philadelphia, PA 19103, as independent counsel to the Special Committee of the Board of D