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SKIN ELEMENTS LIMITED Capital/Financing Update 2020

Feb 23, 2020

65803_rns_2020-02-23_798b01c5-d27d-4287-bd10-ce228afc5fc8.pdf

Capital/Financing Update

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24 February 2020

SKIN ELEMENTS ENTITLEMENT ISSUE EXTENDED TIMETABLE

Australian natural skincare company Skin Elements Limited ( SKN ) advises an updated indicative timetable below further to the announcement on Friday 21 February 2020 that it has extended the closing date of the non-renounceable pro-rate entitlement issue to Tuesday 10 March 2020.

INDICATIVE TIMETABLE

Lodge Prospectus with ASIC 5 February 2020
Notification to Securityholders 5 February 2020
Ex Date 10 February 2020
Record Date 11 February 2020 (5.00pm WST)
Prospectus Dispatched to Shareholders 14 February 2020
Entitlement Offer Opens 14 February 2020
Entitlement Offer Closes 10 March 2020 (5.00pm WST)
Securities quoted on deferredsettlement basis 11 March 2020
Notification of Results and Shortfall 12 March 2020
Anticipated issue date of new securitiesand lodge an Appendix 2A with ASX 17 March 2020 (12.00pm EST)
Dispatch of Holding Statements 18 March 2020

If shareholders have any questions regarding their entitlement they are asked to contact the Company on (08) 6311 1900 as soon as possible. ENDS

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For further information, please contact:

Peter Malone Media and Investor Inquiries Executive Chairman James Moses Skin Elements Limited Mandate Corporate T: +61 439 430 770 T: +61 420 991 574 E: [email protected] E: [email protected]

About Skin Elements

Skin Elements is an ASX-listed skin care company focused on the development of natural and organic skin care products, as an alternative to current chemical-based products. It has developed a portfolio of products which includes, the Soléo Organics 100% natural and organic sunscreen, pawpaw based PapayaActivs natural therapeutic skincare, the Elizabeth Jane Natural Cosmetics brand, and the Invisi Shield skincare range. The Company has completed a highly successful test marketing phase in major international markets for Soléo Organics and has regulatory approval with the USA FDA, TGA and other significant regulators. Skin Elements aims to become the number one recognised national and international sunscreen brand.

Further information is available via the Company website: http://skinelementslimited.com