Ann: Appointment of Parafix as Manufacturing Partner, page-3

Appointment of Parafix as Manufacturing PartnerOBJ Limited (ASX: OBJ) is pleased to announce continued progress of the Bodyguardprogram, with Board approval of the updated Business Plan and subsequent appointment ofParafix Tapes and Conversions Ltd (“Parafix”) as chosen manufacturing partner for theKneeguard patch.The Business Plan has a defined objective to commercialise OBJ’s patch technology underOBJ’s own brand. It outlines a number of strategic imperatives and expectations, with bestin-class manufacture as a key short-term milestone. To this end, and after an extensive auditprocess, the Company has now entered into a Manufacturing Agreement with Parafix UK tomanufacture the Kneeguard product. Production of commercial prototypes andmanufacturing validation will commence in the coming weeks. The ManufacturingAgreement outlines the working relationship between both parties and enables the Companyto move forward with its regulatory requirements for the product.Parafix are a leading converter of adhesive products and medical devices, across a diverserange of industries, and a preferred converter for healthcare conglomerate 3M. They areheadquartered in the United Kingdom with satellite facilities in Eastern Europe. All theirfacilities are suitably ISO 13485 compliant and FDA registered. Their capabilities extendto adhesive tapes, films, device assembly and in-line printing and packaging.The Board is pleased to be partnering with Parafix and will be looking to draw on theirsignificant expertise in materials, production economics and quality assurance to assist theCompany’s push towards a targeted commercial launch of the Kneeguard product in Q22020 (subject to regulatory approvals).