Ann: Quarterly Activities Report & Appendix 4C, page-6

2021 Objectives
As Nanollose continues to progress towards the commercialisation of its revolutionary Tree-Free
Fibres, there are several key milestones that the Company aims to achieve during 2021.
• Completion of production of 1 tonne of Microbial Cellulose, which will be shipped to Grasim’s
R&D facility, to further optimise production processes.
• Deliver larger commercial quantities of Microbial Cellulose to Grasim, to facilitate the
production of nullarbor™ fibre for commercial offerings.
• Commence product trials with leading global brands in the fashion and apparel industry.
• Product trials to commence in nonwoven sector as the Company seeks to commercialise
nufoliumTM for nonwoven fibre applications, including personal wipes, a high growth market.
• Continue to progress the intellectual property portfolio of patents and trademarks.

I would have preferred a bit more detail in the timelines. For example, in which quarter these are expected to happen.

Good news is that Grasim is up and running!