NOUMI LIMITED — Capital/Financing Update 2018

Apr 9, 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

==> picture [163 x 32] intentionally omitted <==

10 April 2018

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

Freedom Foods Group Limited Close of Retail Entitlement Offer

• On 16[th] March 2018, Freedom Foods Group Limited (ASX Code: FNP) ( Freedom Foods ) announced:

• a pro rata accelerated non-renounceable entitlement offer of ordinary shares ( New Shares ) at an offer price of $4.80 per New Share ( Entitlement Offer ) to raise approximately $100 million; and

• an institutional placement to raise approximately $100 million.

The results of the placement and institutional component of the Entitlement Offer were announced on 20[th] March 2018.

The retail component of the Entitlement Offer ( Retail Entitlement Offer ) closed on Thursday 5[th] April 2018. Eligible retail shareholders subscribed for 2,670,387 New Shares under the Retail Entitlement Offer (raising approximately $12,818,000). The New Shares under the Retail Entitlement Offer are expected to be issued on 12[th] April 2018 and commence trading on ASX on 13[th] April 2018.

Approximately 1,268,000 New Shares were not taken up in the Retail Entitlement Offer and were underwritten by Veritas Securities Limited and UBS AG, Australia Branch, and sub-underwritten by cornerstone investor Arrovest Pty Limited (a Perich Group company), bringing the total raised under the Retail Entitlement Offer to approximately $18,904,000.

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

==> picture [595 x 73] intentionally omitted <==