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SKIN ELEMENTS LIMITED Capital/Financing Update 2021

Jan 6, 2021

65803_rns_2021-01-06_b7d16c51-51b8-43f4-9954-f3599c9d19f6.pdf

Capital/Financing Update

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6 January 2021

Options Underwriting Agreement – Extension of Shortfall Notice Date

Skin Elements Limited (ASX: SKN) (‘Skin Elements’, ‘SKN’, the ‘Company’) wishes to advise that it has agreed with the Options Underwriter, State Securities Pty Ltd, to extend the Shortfall Notice Deadline Date as defined in the Options Underwriting Agreement dated 16 April 2020 from 5 January 2021 to 11 January 2021. This extension is to allow reasonable time following the holiday period for the Company to complete processing of option exercise notices and payments received, and advise the Shortfall Securities to the Underwriter. The Company will update the ASX on the Shortfall Notice Deadline Date of the Shortfall Securities.

This announcement is approved by the Board of Directors of Skin Elements Limited.

END

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

Established in 2005, Skin Elements is an award winning Australian owned and operated ASXlisted skin care company focused on the development of natural and organic skin care products. Skin Elements innovative approach to organic chemical free products has enabled the creation of a portfolio of products that have been sold and distributed across the world. Its flagship products include Invisi-Shield Organics natural alcohol-free sanitiser range, Soléo Organics 100% natural and organic sunscreen, PapayaActivs natural therapeutics skincare, and Elizabeth Jane Natural Cosmetics brand.

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

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