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Comvita Limited Capital/Financing Update 2019

Jul 3, 2019

66182_rns_2019-07-03_78e561cb-70e0-46ed-97d2-b6207789ea55.pdf

Capital/Financing Update

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3 July 2019

Completion of acquisition of remaining 49% of China Joint Venture

Comvita (NZX:CVT) confirms that effective 30 June 2019, the acquisition of the remaining 49% of its China Joint Venture; Comvita Food (China) Limited and Comvita China Limited, is now complete.

The process is currently underway to release the shares from escrow in accordance with the Escrow Deeds and for the cash consideration to be paid.

For details of the acquisition of the remaining 49% of the China Joint Venture, refer to announcements dated 10 April 2019, 30 April 2019 and 31 May 2019.

Ends

For further information: Comvita Chair, Neil Craig, 021 731 509 Comvita CEO, Scott Coulter, 021 386 988

About Comvita (www.comvita.co.nz)

Comvita is a global natural health products company committed to the development of innovative products, backed by ongoing investment in scientific research.