AUSSIE COMPANY CARE A2+ GAINS FDA APPROVAL TO ADDRESS U.S. INFANT FORMULA SHORTAGES

Up to 4.8 million tins of premium baby formula to help address US supply chain crisis • The FDA has provided Care A2+ approval for its US Premium Infant Formula with Iron and added Lactoferrin to be sold in the United States • First shipments of Australian Care A2+ infant formula planned for August 2022 • Proudly Australian using Australian milk, Care A2+ is a gentle and safe premium formula

SYDNEY, 9 July 2022 – Care A2+, an Australian health and wellness company, today announced it has been approved by the United States Food & Drug Administration (FDA) to deliver up to 4.8 million tins of Australian-made Care A2+ Premium Infant Formula with Iron and added Lactoferrin to the US, to help offset the ongoing US infant formula crisis.

The FDA announced in Washington DC on 8 July 2022 (https://www.fda.gov/news-events/press-announcements/fda-infant-formula-update-july-8-2022) that it had granted Care A2+ ‘no objection’ approval to distribute infant formula in the US, certifying that the Australian-made Care A2+ formula meets the standards set by the FDA.

Shipments are expected to commence progressively from the first week of August 2022. First orders have been received by the Company for over 250,000 tins of infant formula that will be available to be purchased across 20,000 retail locations nationwide including CVS & Rite Aid Drug Stores, Whole Foods Market, Kroger, HCA Healthcare, Publix Super Markets, Safeway, The Vitamin Shoppe, Duane Reade Convenience Store and Peapod Online Grocer.

Kerry Hyland, Director, Care A2+, said the company was proud to be playing a part in addressing the American formula shortage.

“Care A2+ understands the struggles US parents and caregivers are facing with the formula shortage and is dedicated to providing health and nourishment for children, and peace of mind for parents,” said Ms Hyland. “Ours is a gentle, safe and premium formula that we are excited to commence exporting to the US.”

Led by science, Australia’s first with added Lactoferrin, Care A2+ formulas use single-sourced ingredients, with Australian A2 cow’s milk, that is 100% traceable from Grass-to-Tin®. Every tin has a unique QR code that provides transparency on the farm location, weather conditions, information about the Australian A2 herd, formula batch production, and nutritional composition. An established brand in Australia, CareA2+ sells in that country through major retailers Woolworths, Terry White Chemart and Chemist Warehouse.

“Today’s announcement is not just important for US parents, it’s a significant milestone for our company. Our Australian farmers and manufacturers are delighted to be providing premium product to support millions of American families,” Ms Hyland added.