Ann: CM8 Continues Financial Turnaround in Q3 FY2020, page-14

Obviously the raising is for far more expansion than they first envisaged. I think this will be a positive.
Could also be going to towards the distribution facility

Until CM8 has established its own distribution/logistics facility in Europe via a 3PL, KINN will provide
fulfilment services to CM8. KINN will isolate stock purchased from them by CM8 in their warehouse in UK (as
specified in article 5.1.). Fulfilment services provided by KINN can include picking, packing and shipping of
products ordered from customers, customer support (example technical inquiries regarding products) and
processing returns of products from customers (annex 1). KINN will charge CM8 at cost for the expenses
incurred for providing these services.

Launched Direct to Consumer
(D2C) brands including
London Labs, KINN-Living, I
am Kamu, Vital Innovations.
Preparing to pilot another 3 in
the beauty space.

Horizon 2 strategy - in the
process of acquiring
appropriate licences for
Insuretech