NOUMI LIMITED — Capital/Financing Update 2018

Apr 11, 2018

Freedom Foods Group Limited[ABN 41 002 814 235] 80 Box Road Taren Point NSW 2229 T: +61 2 9526 2555 www.ffgl.com.au /FreedomFoodsGroup

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12 April 2018

Company Announcements Office ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000

Freedom Foods Group Limited Completion of Retail Entitlement Offer and Shortfall Placement

On 16[th] March 2018, Freedom Foods Group Limited (ASX Code: FNP) ( Freedom Foods ) announced a pro rata accelerated non-renounceable entitlement offer ( Entitlement Offer ) and an institutional placement ( Placement ) of ordinary shares ( New Shares ) at an offer price of $4.80 per New Share to raise approximately $200 million.

The results of the Placement and institutional component of the Entitlement Offer were announced on 20[th] March 2018, and the result of the retail component of the Entitlement Offer was announced on 10[th] April 2018.

Freedom Foods issued 37,759,663 New Shares on 26[th] March 2018 and has today issued 3,938,325 New Shares (a total of 41,697,988 New Shares) pursuant to the retail component of the Entitlement Offer comprising of:

• 2,670,387 New Shares to eligible investors;

• 1,252,869 New Shares have been placed by Veritas Securities and UBS AG, Australia Branch to subunderwriter Arrovest Pty Limited (a Perich Group company) under the shortfall placement ( Shortfall Placement ); and

• 15,069 New Shares to a nominee for the ineligible shareholders.

The total number of Freedom Foods ordinary shares now on issue is 243,354,292.

The New Shares under the Shortfall Placement were issued today and the Appendix 3B has been lodged.

For further information, please contact:

Rory J F Macleod Managing Director and CEO Freedom Foods Group Limited Tel: +61 2 9526 2555

Media Enquiries:

Ian Pemberton P&L Corporate + 61 402 256 576

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