FORESTA GROUP HOLDINGS LIMITED — Environmental & Social Information 2018

Jun 7, 2018

==> picture [167 x 84] intentionally omitted <==

08 June 2018

Australian Securities Exchange Announcement

Leaf Selected for Accelerator Programme ‘Unreasonable Impact’

Leaf Resources Limited (ASX: LER) (‘Leaf’) is pleased to announce it has been selected by Unreasonable Impact, a global partnership between Barclays and Unreasonable Group focused on scaling ventures that have the potential to solve major environmental and societal problems while creating the jobs of tomorrow. Leaf is the only Australian company – as well as the only bioeconomy company – chosen for the current programme, focused on the Asia-Pacific region.

Supporting Sustainable Development Goals and Developing Jobs

Unreasonable Impact has forged partnerships with some of the world’s largest institutions and brands, and its programmes are focused on solving the United Nation’s 17 Sustainable Development Goals (SDGs).

Leaf Resources was chosen thanks to its innovative Glycell[TM] process and biodegradable recyclable packaging product LeafCOAT. When implemented, these processes and products that can significantly contribute to several of the United Nations Sustainable Development Goals (see diagram below). Leaf is wellpositioned to support SDG 9 (industry, innovation and infrastructure), SDG 12 (responsible consumption and production) and SDG 13 (climate action).

Another key Unreasonable Impact objective is job growth. Leaf’s technology is particularly advantageous as it will help create jobs in rural areas, where it is traditionally harder to do so.

==> picture [445 x 134] intentionally omitted <==

UN Sustainable Development Goals

https://www.un.org/sustainabledevelopment/sustainable-development-goals/

LEAF RESOURCES LIMITED I ABN 18 074 969 056 Suite 13, 8 Clunies Ross Court - Level 2, BTP Hub, Eight Mile Plains Qld 4113 I PO Box 3200 Yeronga Qld 4104 t +61 7 3188 9040 I f +61 7 3147 8001 I www.leafresources.com.au

==> picture [167 x 84] intentionally omitted <==

Unreasonable Impact aims to rapidly scale up entrepreneurial companies which address key environmental issues while possessing highly profitable business models and an ability to create thousands of new jobs. The initiative is a first-of-its-kind, international accelerator network and the programme is launching in the UK, the USA and Asia. The second Asia-Pacific programme will run this June as an intensive ten-day accelerator designed to support growth stage ventures across countries such as China, Hong Kong, India, Japan and Singapore. Unreasonable Impact will assist selected ventures with valuable resources, mentorship, funding opportunities and a global support network.

Leaf’s Managing Director Ken Richards said:

“The selection of Leaf Resources for the Unreasonable Impact accelerator programme is further evidence of our growing environmental and business credentials. As our Malaysian project moves closer to being implemented, the credibility of Leaf as a major international force for environmental good, with the appropriate commercial upside, is growing. It is further testament to the hard work done by the Leaf team and an unwavering commitment to making it happen.”

ENDS

About Leaf Resources Ltd (ASX: LER)

"Leaf Resources is a leading company in converting plant biomass into cellulosic sugars. The world is moving towards a bio-based economy. As biological processes replace current industrial ones for the production of chemicals, a cost-effective, clean, non-food source of cellulosic sugars is essential. Leaf Resources’ patent pending Glycell™ process makes this possible with its advanced and highly effective technology for breaking down plant-derived biomass into useful, sustainable, renewable and biodegradable products. The biomass used in the Glycell™ process is mostly agricultural waste, and its supply is virtually limitless. The main reagent in the process is glycerol, a by-product of biodiesel production and it is the key to the better performance and economics. Additionally, Leaf has licensed LeafCOAT, a 100% bio-based, renewable, recyclable, biodegradable waterproof barrier coating for packaging that can replace petroleum wax and plastic waterproofing, which cannot be recycled. LeafCOAT presents the same qualities in a completely biodegradable, recyclable and sustainable solution. Utilised in food packaging, coffee cups, and container board, LeafCOAT will revolutionise the sustainability of this industry." More on www.leafresources.com.au

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 85,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit home.barclays.

LEAF RESOURCES LIMITED I ABN 18 074 969 056 Suite 13, 8 Clunies Ross Court - Level 2, BTP Hub, Eight Mile Plains Qld 4113 I PO Box 3200 Yeronga Qld 4104 t +61 7 3188 9040 I f +61 7 3147 8001 I www.leafresources.com.au

==> picture [167 x 84] intentionally omitted <==

About Unreasonable Group

Unreasonable’s mission is to drive resources to and break down barriers for entrepreneurs solving key global challenges (i.e. ensuring renewable energy reaches the 1.3 billion people currently without electricity, reimagining the future of healthcare, or addressing the global unemployment crisis). Through running worldwide accelerator programmes, a globally oriented private equity fund, an extensive network of over 300 serial business leaders as mentors, and advanced storytelling and media activities, Unreasonable is designed to exclusively support entrepreneurs positioned to solve society's toughest problems. For more information, please visit www.unreasonablegroup.com.

About Unreasonable Impact, created with Barclays

Unreasonable Impact is an innovative new partnership between Barclays and Unreasonable Group. The global partnership helps scale high-growth ventures addressing key global challenges with the ultimate aim of creating the jobs of tomorrow. Over the next three years, Unreasonable Impact will work with over 100 of the world’s leading entrepreneurs by supporting them with the resources, mentorship, and the global network needed to rapidly scale their companies and in turn, create new employment opportunities across targeted geographies. Each accelerator programme is an intensive two-week gathering designed to support growth-stage ventures with bespoke advice and guidance from a global community of mentors and industry specialists, including experts from Barclays. For more information, please visit: www.unreasonableimpact.com.

Contacts:

Ken Richards (Managing Director)

M: +61 403 385 051

Media Contact:

Bárbara Mendes-Jorge (Communications Consultant) bmj@sustainabilityconsult.com

T: +32 (0)2 347 11 01

LEAF RESOURCES LIMITED I ABN 18 074 969 056 Suite 13, 8 Clunies Ross Court - Level 2, BTP Hub, Eight Mile Plains Qld 4113 I PO Box 3200 Yeronga Qld 4104 t +61 7 3188 9040 I f +61 7 3147 8001 I www.leafresources.com.au