Investor Presentaiton

Indicative next steps - Esperance abalone farm . • Execute land agreements with Esperance Shire - expected to be completed by end of May 2019. • Undertake feasibility study. • ⚫ Secure licenses, obtain approvals. • Assess funding strategies. • 9 to 12 months - Decision on whether to proceed with development. • • 12 to 18 months - source capital. 18 to 24 months - commence development. 2 to 3 years - First Spawning of brood stock for farm. • 5 to 6 years – First harvest and sales of 100g farmed greenlip abalone. Ocean Grown Abalone 12

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