X0206 3 2021-07-26 0 0001841387 Candel Therapeutics, Inc. CADL 0001691160 Benz Edward J. JR C/O CANDEL THERAPEUTICS, INC. 117 KENDRICK ST., SUITE 450 NEEDHAM MA 02494 1 0 0 0 Stock Option (Right to Buy) 1.46 2027-04-05 Common Stock 32548 D Stock Option (Right to Buy) 1.46 2028-08-17 Common Stock 4068 D Stock Option (Right to Buy) 1.55 2030-12-14 Common Stock 16274 D Stock Option (Right to Buy) 6.64 2031-06-23 Common Stock 16274 D This option shall vest and become exercisable in four substantially equal annual installments, with the first installment vested on October 4, 2018. 25% of this option vested and became exercisable on May 28, 2019, with an additional 25% vesting on January 1, 2020 and the remainder vesting in 36 substantially equal monthly installments thereafter. This option is fully vested and exercisable as of the date hereof. /s/ Edward J. Benz, Jr. 2021-07-26