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Investor Presentaiton

AROA FY22 Outlook $ E 00 NZ$30-$33m¹ product sales FY22 39-53% higher than FY21 இ GM improvement • . • AROA is well placed for FY22 following an improved second half of FY21 and sales transition Focused on building our US commercial operations over next 24 months to drive revenue growth to take advantage of the opportunities presented by our expanded product portfolio TELA Bio sales expected to deliver strong growth based on their revenue guidance of 48% to 65% growth in CY21 compared to CY20 EBITDA will be negative (as previously forecasted) as a result of increased investment into its sales force (announced in February 2021) 1Guidance subject to no resurgence of COVID-19 in the US, continued improvement in US medical procedure numbers & TELA Bio sales performance. It assumes an average $NZD-$USD exchange rate of US$0.72 TM AROA 33
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