BPH GLOBAL LTD — Capital/Financing Update 2017

Nov 22, 2017

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STEMCELL UNITED LIMITED ACN 009 104 330 Level 12, 680 George Street, Sydney, NSW 2000 T 02 8280 7355 F 02 9287 0350

23 November 2017

Australian Securities Exchange

ASX ANNOUNCEMENT

Cleansing Statement

Stemcell United Limited (“SCU” “the Company”) has issued and allotted 30,000,000 shares to investors via private placement.

Secondary Trading Exemption:

The Corporations Act 2001 (Cth) (Corporations Act) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies the ASX under paragraph 708A(5)(e) of the Act that:

• a) The Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

• b) As at the date of this notice the Company has complied with:

  • i) the provisions of Chapter 2M of the Act as they apply to the Company, and ii) section 674 of the Act; and

• c) As at the date of this notice there is no information:

  • i) that has been excluded from a continuous disclosure notice in accordance with the Listing Rules; and

  • ii) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

    • the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • the rights and liabilities attaching to the Securities,

to the extent to which it would be reasonable for investors and their professional advisors to expect to find such information in a disclosure document.

Yours faithfully,

Chow Yee Koh Company Secretary