SKIN ELEMENTS LIMITED — Capital/Financing Update 2023

Jul 5, 2023

Announcement Summary

Entity name

SKIN ELEMENTS LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday July 06, 2023

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +securitycode	Security description	Number of +securities tobe quoted	Issue date
SKNOD	OPTION EXPIRING 31-MAY-2026	16,152,981	05/07/2023
SKN	ORDINARY FULLY PAID	6,152,981	05/07/2023

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

SKIN ELEMENTS LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type ACN

Registration number 608047794

1.3 ASX issuer code SKN

1.4 The announcement is

New announcement

1.5 Date of this announcement

6/7/2023

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date andTime	Announcement Title	Selected Appendix 3B to submit quotationrequest
03-May-2023 17:17	Update - Update - Proposed issue ofsecurities - SKN	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

SKNOD : OPTION EXPIRING 31-MAY-2026

Issue date

5/7/2023

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held	Number of holders	Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Issue details

Number of +securities to be quoted

16,152,981

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Inclusive of the Underwriting fees being 6% of the offer proceeds raised under the non-renounceable rights issue offer

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

ASX +security code and description

SKN : ORDINARY FULLY PAID

Issue date

5/7/2023

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held	Number of holders	Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Issue details

Number of +securities to be quoted

6,152,981

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Underwriting fees being 6% of the offer proceeds raised under the non-renounceable rights issue offer

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

61,530.000000

Any other information the entity wishes to provide about the +securities to be quoted

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description	Total number of+securities on issue
SKNOD : OPTION EXPIRING 31-MAY-2026	113,351,198
SKN : ORDINARY FULLY PAID	569,486,095

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description	Total number of+securities on issue
SKNAH : OPTION EXPIRING 15-MAR-2024 EX $0.12	26,000,000
SKNAS : OPTION EXPIRING 31-OCT-2025 EX $0.05	28,000,000
SKNAP : PERFORMANCE RIGHTS CLASS A	100,000,000
SKNAG : PERFORMANCE RIGHTS	47,000,000
SKNAQ : PERFORMANCE RIGHTS CLASS B	62,000,000