Biome Australia : March 2022 Quarterly Update Presentation

Biome Australia Limited

Presentation

March 2022 - Quarterly Update

Blair Norfolk, CEO

e:[e-mail] Loh, CFO e:[e-mail]

Commercialinconfidence

BIOMEAUSTRALIA.COM

Disclaimer

This presentation and the information contained within it (the "information") has been prepared solely for the use and benefit of the person to whom it is provided (the "recipient").

It has been provided to the recipient on a strictly confidential basis solely for the purpose of assisting the recipient to determine whether it may be interested in participating in the investment opportunity described in this presentation ("Opportunity") and if so, to participate in that process, and may only be used for that purpose.

This presentation contains selected information only and does not purport to contain all of the information that may be relevant to the Opportunity.

The information is not a prospectus, disclosure document, product disclosure statement or other offering document under Australian law or under any other law. This presentation has not been filed, registered or approved in any jurisdiction.

The information is provided for general information purposes only, without taking into account any person's objectives, financial situation or needs.

It should not be relied on by the recipient in considering the merits of any particular transaction, including the Opportunity. The recipient should consider its own financial situation, objectives and needs and conduct its own independent investigation and assessment of the contents of the Information.

Past performance information included in this presentation is provided for illustrative purposes only, should not be relied upon and is not an indication of future performance.

Biome Australia Limited ("Company") and its related bodies corporate, directors, officers, partners, employees, advisers, consultants and agents make no representation nor give any warranty, express or implied, as to the accuracy, completeness, reliability, timeliness or suitability of the information or that the information may be used in any given way or to achieve any given result.

Any forward-looking statements or projections included within the information have been prepared by the Company and its representatives and represent the subjective views of the Company's management and representatives and their current estimates of future performance. These forward looking statements and projections are not guarantees or predictions of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of the Company, which may or may not prove to be correct and the recipient must form its own view on their subject matter.

The Company is under no obligation to notify the recipient or provide further information to the recipient should the Company or its representatives become aware that any information is inaccurate or out of date, has changed or is incomplete.

The recipient must, and agrees with the Company that it will, make its own independent assessment of the accuracy, completeness, reliability, timeliness and suitability of the information and its own determination of whether the information is appropriate to be used for any given purpose. The recipient will rely upon the information at its own risk.

To the maximum extent permitted by law, the Company and its related bodies corporate, directors, officers, partners, employees, advisers, consultants and agents exclude and disclaim all liability for any expenses, losses, damages or costs incurred or suffered by the recipient or any other person arising from or in connection with use or reliance on (in any manner) the information or the recipient's participation in the Opportunity, whether the expenses, losses, damages or costs arise because of negligence, default, misrepresentation or some other cause, and whether or not foreseeable. To the maximum extent permitted by law, the recipient (on its own behalf and on behalf of each of its representatives) unconditionally and irrevocably releases the Company and its related bodies corporate, directors, officers, partners, employees, advisers, consultants and agents from all claims and liability. The Company holds this release for itself and on trust for its related bodies corporate, directors, officers, partners, employees, advisers, consultants and agents.

Our mission

To prevent disease, improve health outcomes and quality of life, and make our products accessible to all

About Biome Australia

Biome Australia (ASX: BIO) is focused on becoming a global leader in targeted probiotics (live-biotherapeutics), offering clinically-proven condition-specific probiotic products fueled by novel clinical research programs to cement and extend the evidence base of its probiotic products.

Activated Probiotics®, Biome's flagship range of novel live-biotherapeutics (probiotics), was created in partnership with world leading organisations in microbiome research and utilises innovative delivery technologies that improves their stability and efficacy.

Biome also develops, licenses and distributes a scientifically formulated, organic nutraceutical range,Activated Nutrients® and a sports performance and recovery range,Activated XPerformance®, which targets professional athletes.

Biome is a certified B Corporation, a designation that a business is meeting high standards of verified performance, accountability, and transparency.

Investment Highlights

Record March 22 quarter sales of $925k, up 58% vs PCP

Over 2,500 distribution points in Australia, an increase of 25% since IPO Successful results from independent asthma & acne clinical trials

+82.6% growth in Net Sales FYTD 22 ($2.73m) vs PCP ($1.49m)

Current annualised revenue of $3.7m Q3 FY22)

Strategic pharmacy distribution deal with Terry White Chemmart, Australia's largest pharmacy group with 500 pharmacies

Three clinical programs underway:

• - Subthreshold depression

• - Paediatric immune system function

• - Osteoporosis prevention