Investor Presentaiton

BIOMASS Kg BIOMASS and growth rates update 180,000 160,000 140,000 120,000 100,000 80,000 Growth of Biomass & Commercial grade abalone Flinders Bay 120,000 Biomass of abalone separated by size class Flinders Bay 40,000 100,000 35,000 30,000 80,000 25,000 20,000 60,000 40,000 20,000 0 Jun 18 60,000 Dec 16 Jun 17 Dec 17 Total Biomass Kg Commercial Grade Kg (RHS) Commercial grade abalone Kg Weight (Kg) 15,000 10,000 5,000 40-50 50-60 60-70 70-80 80-90 90-100 100-110 110-120 120-130 130-140 Size (mm) Dec 16 Jun 17 Dec 17 Jun 18 BIOMASS overview ✓ OGA's ocean BIOMASS and harvest continues to increase year on year, while commercial wild Greenlip Abalone stocks and production continue to decline. × Commercial wild caught quota for Greenlip Abalone has dropped dramatically within the last few years. × Commercial wild quota now 18.2 tonnes of meat weight (~51 tonnes weight in shell per year).* ✓ OGA FY 2018 harvest 38.1 tonnes, on target to pass wild quota for ocean Greenlip Abalone in FY 2019.” ✓ BIOMASS continues to grow. Future harvests * 38.1 tonnes harvested in FY2018, @ 30/07/18-OGA has 100,718 Kg of commercial grade abalone on its oceanic ranches (@30/07/17 - 75,515 Kg). ✓ OGA ranched product is well positioned to fill the gap in reduction in wild quota caught Greenlip Abalone. *Wild Caught Greenlip, Source: Strain, L.W.S., Hesp, S.A., Fabris, F. and Hart, A.M. 2017. Demographic performance of Brownlip abalone: exploration of wild and cultured harvest potential. FRDC Project No. 2012/016. Fisheries Research Report No. 280, Department of Fisheries, Western Australia. Ocean Grown 7 Abalone Private & Confidential

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