ARCUTIS BIOTHERAPEUTICS INC

Ticker: ARQT CUSIP: 03969K108 Class: Common Stock

RA CAPITAL MANAGEMENT, L.P.'s Holding History (CIK: 0001346824)

Note: Option positions (PUT/CALL) are excluded.

Q4 2020

Shares 1,165,184 Value ($000) $32,777 Avg Close $24.49 Range $17.51 - $32.21

Q3 2020

Shares 1,165,184 Value ($000) $34,140 Avg Close $26.72 Range $22.95 - $33.21

Q2 2020

Shares 1,165,184 Value ($000) $35,235 Avg Close $28.90 Range $23.22 - $39.85

Q1 2020

Shares 1,165,184 Value ($000) $34,722 Avg Close $26.87 Range $17.10 - $40.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	1,165,184	$32,777	$24.49	$17.51 - $32.21
Q3 2020	1,165,184	$34,140	$26.72	$22.95 - $33.21
Q2 2020	1,165,184	$35,235	$28.90	$23.22 - $39.85
Q1 2020	1,165,184	$34,722	$26.87	$17.10 - $40.88