Ann: Memphasys & Monash IVF commence clinical trial of FELIX, page-13

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“The study is an important milestone on the path to securing regulatory approval in Australia
and, subsequently, in key markets such as the USA. We have already sold a Felix™ System
to a Chinese KOL site for research purposes and this trial should accelerate interest in further
research sales in the future. It will also supplement the current commercialisation of the Felix™
System in markets with lower regulatory hurdles where sales can occur now, such as Japan,
India, Canada, New Zealand” she added.

Commercial discussions are well underway with IVF centres in these four markets, with the
Company looking to secure at least one commercial sale in this calendar year from a clinic
operating within one of these jurisdictions