CCO Secures $1.4m via Convertible Note and US Investor Joins

Highlights

• Total raise: $1.4 million via secured convertible notes

• Tranche 1: $700,000 (settlement by 30 September 2025)

• Tranche 2: $700,000 (subject to shareholder approval at AGM; offered to Tranche 1 investors with any shortfall to be placed by Novus Capital Limited, Lead Manager)

• Use of Funds: $500,000 to support wholesale inventory build. $200,000 for general working capital

Strong investor participation: Notes have been subscribed by many of the Company’s top 10 shareholders, reflecting confidence and alignment with the Company’s strategic direction.

Strategic Investment from Applied Food Sciences: The Company is pleased to welcome Applied Food Sciences, Inc. (AFS), a leading US based distributor of ethically and sustainably sourced functional ingredients, as a new strategic investor with a $100,000 allocation in Tranche 1.