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Investor Presentaiton

• . • R&D investment lays foundation for future growth Research and development expenditure* $NZ Million $14.0 $12.0 $2.5 $10.0 $8.0 $6.0 $6.0 SALINE $7.2 20 $9.5 $1.5 $4.0 $2.4 $2.0 $4.1 $3.4 $2.0 $2.8 $- FY2018 FY2019 FY2020 FY2021 1H 2022 Expensed R&D costs Capitalised R&D costs Maxigesic dose forms: - Maxigesic Cold & Flu final studies underway this year Pascomer: Treatment of facial angiofibromas - Licensed for North America to Timber Pharmaceuticals and Europe to Desitin Global Phase II/III study patient enrolment closed now despite the pandemic NasoSURF: Intranasal drug delivery instead of an injection - Clinical studies of the first dose form to commence in FY22 Other products: Other products in development: Medicinal Cannabis, Crystawash Extend, Crystaderm AFTpharmaceuticals *Research and development costs also include new market development costs. CRYSTAWASH EXTEND CRYSTAWASH Hand Sanitiser EXTEND Hand Sanitiser Sanitises and protects against 99.99% of germs Lasts for up to 24 hrs 500 Page 12
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