Ann: Year to Date Profit Update / Capital Raising, page-35

Hi Dabru

We're in at least a few hundred stores around New Zealand + Cook Islands at the moment. We have a list on our website, but bearing in mind we are adding new stores daily via our distributors at a solid pace and there's at least a 3 month lag by the time it gets noted appropriately on our website stockist list. https://ethicalzinc.com/pages/stockists

Similar story in Australia and expect to see a national rollout with a major group in 2020. What is also interesting is, this is our first USA off-peak season and you wouldn't know it was basically winter over there. Sales are still incredibly strong. We didn't expect that.

We know what it is like not having stock on hand. Probably the greatest challenge we've had is managing unpredictable demand both here in Australia and overseas. We are currently manufacturing yet another batch as the batch we expected to last through this Aussie summer was not even close. We have adopted a new policy - whatever we think we need, triple it!

I can speak first hand that there is incredible demand for zinc sunscreen products globally. We're even getting good enquiries from emerging markets around the Middle East and Asia.

@kearneymaurice is unlikely to participate in the ANO CR as he will be taking part in the EZ CR as we are rolling out several new products and expanding our global distribution network rapidly.