Investor Presentaiton

Significant competitive advantage & barriers to entry ✓ No new greenfield investments in traditional land-based abalone farms in Australia ✓ OGA focuses on abalone of 110-140mm, a size not currently seen in the market due to minimum size limits (>140mm) in wild catch, too costly to produce in traditional land-based aquaculture systems ✓ Flexible harvest allows an ability to meet market specifications on demand ✓ Low cost of production, compared to traditional land-based abalone aquaculture systems: higher margins ✓ A management team with the skills and experience to execute the growth strategy ✓ Patented technology fully developed using private capital. Commercial proposition already validated ✓ Ranching produces a "wild catch" product "Baby Wild", which delivers marketing advantages Technology is suited to a few select locations around Australia. OGA has developed an in- house, end-to-end knowledge base that is key to Successful abalone ranching. OGA has a ten-year head start on any new entrant. Long lead times to acquire and develop new leases. A typical 5,000 abitat ranch takes 5 years to reach steady state of production from deployment date. Established relationships with regulatory authorities. OGA has developed strategic alliances with key abalone hatcheries to secure supply of juvenile abalone. Due to the high cost and long lead times of developing land-based abalone hatcheries, it is unlikely that a new hatchery would be developed by a new entrant. OGA has assessed multiple reef designs and understands the intricate requirements of successful reef design. Land-based farms cannot compete on quality or size. The average harvest size from a land-based farm is 90-100mm whereas OGA are targeting 125-135mm. Wild-caught legal minimum length is 140mm. Develop supply chains direct to consumer. Ocean Grown Abalone 21

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