BPH GLOBAL LTD — Board/Management Information 2021

Jul 20, 2021

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STEMCELL UNITED LIMITED

ACN 009 104 330

Level 12, 680 George Street, Sydney, NSW 2000, Australia

21 July 2021

Company Announcements Platform Australian Securities Exchange

Leading capital market entrepreneur Francesco Cannavo appointed as Non-Executive Director

• Mr Cannavo is an active entrepreneur and investor in the Australia capital markets

• Mr Cannavo was founder of Golden Venture Capital Pty Ltd, a corporate Advisory firm based in Melbourne

• SCU to benefit from Mr Cannavo’s extensive experience and network in the corporate finance and processed foods sectors

Stemcell United Limited (ASX:SCU) (“Company”) is pleased to advise that it has appointed leading business executive and Capital Markets advisor Mr Cannavo as Non-Executive Director .

Mr Cannavo is an experienced public company director with significant business and investment experience working with companies operating across various industry sectors. He is formerly a director of Lifespot Health (ASX:LSH) and is currently a Non-Executive Director of Western Mines Group Ltd (ASX:WMG).

Mr Cannavo is the founder of Golden Venture Capital, a corporate advisory firm based out of Melbourne, Australia. He has been instrumental in assisting many listed and unlisted companies achieve their growth potential by providing strategic advice on raising investment capital and completing strategic acquisitions. He is an entrepreneur with a strong network of investors and industry contacts in the public company sector in Australia and throughout the Asia-Pacific region. He has extensive experience in capital raisings, investment activities and IPOs.

The Company looks forward to benefiting from Mr Cannavo extensive capital markets experience as it continues to focus on the growth of its business. Mr Cannavo will be invaluable in assisting the Company in undertaking any future capital raising, strategic acquisition or other corporate transaction.

In addition, Mr Cannavo has extensive experience and contacts in the processed foods industry sector in Victoria, based in part from his hands-on involvement in his family’s processed meats business.

The Company recently announced its entry into stage two of its collaboration agreement with Singapore Temasek Polytecnic on 30 June 2021. Leveraging its expertise in the cultivation of seaweeds and sea plants, SCU is in active collaboration with Temasek Polytechnic to extract nutrients and ingredients with a view to developing a range of processed foods. A core component of the Company’s ability to commercialise a range of processed foods will be its ability to establish joint production facilities and sales and distribution channels. Mr Cannavo’s extensive experience in the Victorian processed food sector, will facilitate the Company’s ability to undertake the processing and commercialisation of processed food products in Australia and to access Australian and Asian markets.

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This announcement has been authorised for release by the board of Stemcell United Ltd.