EDEN INNOVATIONS LTD — Capital/Financing Update 2020

Aug 18, 2020

ACN 109 200 9

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

19 August 2020

First Israeli EdenCrete® Order

Eden innovations Limited (Eden) (ASX: EDE) has received its first purchase order from Israel, to supply Argil Group with both EdenCrete® and EdenCrete®Pz for use in a number of forthcoming commercial trials, initially focused on industrial flooring, shotcrete applications and construction concrete strength testing.

Argil Group is a privately owned, Israeli group of companies, first established in 1993, that operates in a number of fields including building materials, infrastructure, excavation and heavy equipment.

ARGIL Group has various subsidiaries including:

• ARGIL Excavation and Transportation Ltd (www.argil.co.il)

• Kohav Hashaar Asphalt Plants (www.cochav-h.co.il/)

• Kohav Kohav Quarries (www.cochav-h.co.il/)

• Sakbeton Ltd - Concrete-Ready bags, Mortar, screed & plaster. (sakbeton.co.il)

• Mega Beton Ltd - Concrete Mixer Trucks. (www.megabeton.co.il/)

• Mega Pump Ltd - Concrete Pumps Trucks. (mashevot.megabeton.co.il/)

• Floor 3 – Screed flooring, Screed Mobile plant & Levelling Robots (www.floor3.co.il/)

• YAG - Marketing & distributing innovations for construction & infrastructure materials, safety equipment (www.yag.co.il/)

ARGIL Group is an authorised supplier to the military (IDF-Israeli Defence Forces), the Israeli government, and municipalities.

This initial order, which is to supply approximately A$8,500 worth of products, follows the successful completion in February 2020 of a trial programme conducted with Argil Group, just before the COVID 19 lockdown restrictions came into effect in Israel. Being the first order to be received from any country outside of USA and Australia, it represents another major milestone for EdenCrete® products as its global sales footprint continues to expand.

Eden Innovations Ltd | Telephone +61 8 9282 5889 Level 15, 197 St George’s Terrace, Perth, Western Australia 6000, Australia | edeninnovations.com

BACKGROUND

EdenCrete[®] and EdenCrete®Pz are Eden’s 100% owned, proprietary carbon-strengthened concrete additives that enhances a wide range of performance characteristics of the concrete including compressive strength, flexural strength, tensile strength, abrasion resistance, reduced permeability, increased modulus of elasticity, and reduced shrinkage, delivering stronger, tougher, more durable and longer lasting concrete.

One of the primary target markets for EdenCrete[®] is improving the performance of concrete used in the construction and maintenance of buildings, concrete roads, bridges and other infrastructure, particularly where it is subject to heavy wear, freeze/thaw weather conditions and/or high levels of added salt. Additionally, it is already in use in the USA in many other concrete applications including high-rise building construction, marine and coastal applications, water storage and pipelines, hardstand areas, warehouses, shotcrete applications and pre-stressed and pre-cast concrete structures and products.

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Gregory H. Solomon Executive Chairman

This announcement was authorised by the above signatory. For further information please contact Aaron Gates on +61 8 9282 5889.

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