X0206 3 2021-07-26 0 0001841387 Candel Therapeutics, Inc. CADL 0001873465 Martell Christopher C/O CANDEL THERAPEUTICS, INC. 117 KENDRICK ST., SUITE 450 NEEDHAM MA 02494 1 0 0 0 Stock Option (Right to Buy) 1.55 2030-12-29 Common Stock 16274 D Stock Option (Right to Buy) 6.64 2031-06-23 Common Stock 16274 D Series B Preferred Stock 6.81 Common Stock 283514 I By GTAM1 2012 ADV LLC Warrants to purchase Common Stock 6.81 2018-12-31 2025-11-13 Common Stock 283514 I By GTAM1 2012 Trust This option is fully vested and exercisable as of the date hereof. The Series B Preferred Stock has no expiration date. Shares held by GTAM1 2012 ADV LLC, for which the Reporting Person serves as manager. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any. Warrants held by GTAM1 2012 Trust, for which the Reporting Person serves as trustee but is not a beneficiary. The Reporting Person disclaims beneficial ownership of these warrants except to the extent of his pecuniary interest therein, if any. /s/ Christopher Martell 2021-07-26