EDEN INNOVATIONS LTD — Capital/Financing Update 2021

Aug 22, 2021

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ACN 109 200 900

23 August 2021

Dear Optionholder,

NON-RENOUNCEABLE PRO-RATA RIGHTS ISSUE

Eden Innovations Ltd (the Company ) hereby notifies you, in accordance with the terms and conditions on which your options were issued, that it has announced to ASX Limited ( ASX ), and intends to make, a non-renounceable pro-rata rights offer to the Company’s shareholders (the Offer ).

Under the Offer, the Company will issue to each eligible shareholder of the Company, at a price of $0.022 per share, one (1) new fully paid ordinary share in the Company for every twelve (12) fully paid ordinary shares in the Company held by the shareholder as at 5.00pm WST on 7 September 2021 (this date is the anticipated record date only, and is subject to change) (the Record Date). In addition, one (1) free Company option will attach to every two (2) new fully paid ordinary shares in the Company issued under the Offer, exercisable at $0.05 at any time on or before 5.00pm WST on 7 October 2024.

The Offer will only be made to eligible shareholders (being shareholders of the Company with registered addresses in Australia and New Zealand on the Record Date) on the basis of Company shares held by them on the Record Date. To the extent that you exercise your options in the Company (or part thereof) before the Record Date, and continue to hold the Company shares issued to you upon the exercise of your options on the Record Date, you will be entitled to participate under the Offer with respect to such Company shares.

Yours faithfully

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Aaron P Gates Company Secretary

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