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Investor Presentaiton

Shell length (mm) Abalone Growth Rates 200 180 LENGTH (mm) WEIGHT (g) 40 10 160 140 120 50 19 60 33 70 53 100 80 75 80 90 100 60 95 130 40 100 160 20 105 180 0 110 205 0 1 2 3 4 5 6 7 8 9 10 115 235 Time (years) 120 280 125 330 Study merged data Gompertz (wild data) Speculative Gompertz growth curve 130 370 Hart's wild data Source: Fisheries Research & Development Corporation, Curtin University of Technology, Ocean Grown Abalone. 2013 Typical weights at various lengths. OGA's target market is from 100 mm to 140 mm (i.e. ~ 170 g to 400 g). - • Target to harvest at the top end of the accelerated growth phase (i.e. ~ estimated to be up to 125mm size). Long term harvest strategy to optimise returns – size v grade size price. • TIME # Abs/ ABITAT Average Average Length (mm) | Weight (g) Biomass (kg) /ABITAT Biomass (kg) / 5000 ABITATS Day 1 120 40 10 1.20 Day 30 84 40 10 0.84 6,000 4,200 Day 365 75 75 66 4.95 Day 730 67 105 180 12.00 24,750 60,000 Ocean Grown Day 1095 60 125 330 20.00 100,000 Abalone Ocean Grown Abalone Biomass model 6 Private & Confidential
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