Ann: EGM Presentation, page-29

I managed to make it along to today’s presentation. I think it was important enough for all shareholders to hear for themselves where the business stands, progress, challenges, opportunities and outcomes. Too much was covered in the over 2 hours that management talked to - predominantly Dirk and Gavin to summarise in this note, albeit it was pretty obvious the business is still grounded on a firm footing with market leading products, established customers and a strong pipeline to build revenue and in turn a profitable business in the near future.

While there are obviously a number of impatient and unhappy shareholders I am far more confident Alexium will recover from its disastrous share price slump when the market fully comprehends the potential of this business. I would be confident the 40 odd that attended the presentation would have left with a similar view and comfortable enough to top up at what must be a heavily discounted share price.

The clear message from a pretty confident Dirk was that management will underpromise and overdeliver in their communication with stakeholders. He handled all of the hard questions with aplomb and was very reassuring. Enough to regain my trust and to bring home the bacon.

Hopefully others that attended can confirm my assessment of the meeting outcome.

Noted a share price recovery will likely take some time given the loss of confidence by many aggrieved retail investors.