Oli Trading Update - Q2

Recently we have had inquiries from shareholders regarding the impact of the fires on our trading results.

We are delighted to inform you that despite the unavoidable impact of the bush fires, which have caused significantroad closures, store closures and evacuations, power outages, as well as significant challenges for team memberswho have also been evacuated from their homes, we have traded strongly through Q2 FY20.

In December alone same store sales are up 10.1% on previous year.

As a result, HY20 same store sales have increased 4.2% on previous year.

Under the circumstances, we are very proud of these outstanding results and our team’s performance led by JasonGunn CEO in achieving this fantastic result.

Jason Gunn commented: “I am so proud of what the team has achieved under extremely difficult circumstances.There is so much energy passion for what we do, both from our team and the customers who love the alternative weprovide.”