Ann: Notice of Annual General Meeting/Proxy Form, page-35

Strategic Acquisition of Omniblend 17-Sep-2019

Keytone has entered into a binding, conditional agreement to acquire 100% of the shares of Omniblend for $22.6 million1 plus an earn-out of up to
$30.0 million, subject to performance milestones2

‒ consideration to Omniblend vendors of $10.0 million Keytone shares, $8.0 million cash plus settlement of Omniblend‘s debt up to $4.6 million

▪ In FY2019, Omniblend is forecast to generate pro-forma revenue of $29.7 million and EBITDA of $2.24 million3

‒ transaction multiple of 10.0x FY2019f EBITDA