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Investor Conference Call presentation

Investor Presentation29 August 2022RUAHealthcare

FY22 Te Whakatakotoranga ki nga
Kaiwhakangao o ngā Otinga ā Tau

FY22 Annual Results Investor Presentation

30 August 2022

Rua Bioscience Limited (Rua) is a New Zealand pharmaceutical company aiming to be a
leading producer of cannabinoid derived medicines. This presentation and the information

contained in or accompanying this presentation are not, and are under no circumstances to

be construed as, an invitation to subscribe for, or an offer of, shares, securities or financial

products to any person, in any country or the basis for a contract, financial advice, other

advice or recommendation to conclude any transaction for the purchase or sale of any

security, loan or other instrument. This presentation has not been independently

verified.Neither Rua nor any of its directors, officers, shareholders, advisors, agents or

employees make any representation or warranty as to the accuracy or completeness of the

information contained in this presentation and those parties shall have no liability for any

statement, opinion, information or matters arising out of, contained in, or for any omissions

from, or failure to correct or update any information in, this presentation or any other

communications transmitted to you in relation to this presentation.

2

Rob Mitchell
Kaiwhakahāere Matua

Chief Executive Officer

Hamish White

ĀpihaKaiwhakahāerePūtea

Chief Financial Officer

3

Anna Stove
Kaiwhakahāere Ringatohu

Managing Director

Panapa Ehau

Kaiwhakaū / Ringatohu

Executive Director, Co-Founder

4

Tirohanga Whānui
Overview

•Operational Achievements

•Key Appointments

•Financial Highlights

•Outlook

5

In FY22, Rua focused on preparing for market entry –securing the partners and
developing the frameworks and strategies that will give the company the best

chance of success both at home and abroad.

By the close of FY22, Rua launched its first product in New Zealand and established

an end-to-end cultivation and supply solution that is both at scale and scalable.

Tirohanga Whānui

FY22: An Overview

6

7
September 2021

Achieved GMP certification

December 2021

Green light to distribute first product in

New Zealand

Welcomed the East Coast Cannabis

Company (E3C).

January 2022

Shareholders approve Zalm Therapeutics

acquisition

April 2022

First medicine launched in New Zealand

June 2022

Narcotics licence received to distribute

and market products in Germany

Mawhiti mai ki nga

Whakatutukitanga

Achievements at a Glance

Te Whakaterenga o te Hua Tuatahi
o Rua ki ngaTūroro kei Aotearoa

Rua LaunchesFirstProductfor

NewZealandPatients

8

The launch of Rua’s first medicine in

Aotearoa was a milestone for New Zealand

patients, prescribers, and the medicinal

cannabis industry.

Rua will launch a range of new medicines in

FY23.

The product launch was complemented by

the launch of our compassionate access

programme.

Te Kōkiritanga a Rua ki te Mākete o Tiāmana
Rua Significantly Advances German Market Entry

9

In June, Rua received its narcotic license

through Nimbus Health for the distribution

and marketing of its first product for the

German medicinal cannabis market –a

move understood to make Rua the first

medicinal cannabis company from New

Zealand to take such a step.

The approval of the application will enable

Nimbus to distribute and market Rua's

products in Germany by the end of the

calendar year 2022.

Te WhakawhanakeWhakatupuo teKāinga
Developing Local Cultivation Capacity

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Rua’s indoor cultivation team continues to

establish the unique varieties which Rua

will be able to grow at scale in Cann’s

GMP-certified facility at Mildura .

Rua also welcomed E3C as its first local

cultivation partner in December.

TeWhakawhanakeHuanga heiRatongaki ngāMāketeo te
Ao Whānui

Developing Production Capacity to Service Further Global

Markets

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Photo Credit: Cann Group

In January 2022, shareholders overwhelmingly

approved the purchase of Zalm.

Critical to the acquisition, Rua secured access to

Zalm’s third-party supply contract for GMP-grade

medicinal cannabis with Australian producer Cann

Group.

This has set the stage to accelerate market entry

and expand patient choice and enabled Rua to

advance relationships in other high-growth markets

including the Czech Republic, Poland and the UK.

Developing Local Cultivation Capacity
Ruatorea, New Zealand

12

Rua’s indoor cultivation team has focused on

genetic export readiness by continuing to

establish the commercially viable varieties we

will use to create world-class medicines. With

access to Cann’s cultivation facility secured,

our team has been focused on developing

unique East Coast genetics, which we expect

to grow at scale at Mildura.

Rua also welcomed E3C as its first local

cultivation partner in December.

Whakangaoatuki nga

Kaupapa Hou WhaiHua

Investing in Innovation

Across the Value Chain

R&D is important for Rua as the company

looks to develop medicinal cannabis

products that are unique to the global

market.

During the year, Rua received an initial

$376,000 grant from Callaghan Innovation

to underpin its $1.3m research project.

Projects currently being worked on relate to

plant science and product development.

TeWhānauo Rua –Nga Toa Āheitangao teAo
Our People –World-class Capability

SUSAN MARTINDALEDR JACK CHAN

Production Manager

PhD in Pharmacy from the University of

Otago

Master of Pharmacy (Hons) University of

Strathclyde (UK),

MBA from the University Sains Malaysia.

Comes to Rua Production from

pharmacist for Malaysian

Pharmaceutical Industries, later as

Senior Pharmacist at B. Braun Medical

Industries Malaysia.

Head of Regulatory Affairs

a lifetime of experience in regulatory

affairs spanning New Zealand, Australia

and Europe. Held various regulatory,

advisory and management positions

within the Ministry of Health, including

chairing the Ministerial advisory

committee responsible for medicines

classification.

AMY QUATTLEBAUM

Quality Control Analyst

Studied biochemistry at the University

of North Carolina, USA, where she

gained her Masters of Science (MSc).

Comes it Rua from Lanzatech in

Chicago, where she was the analytical

quality assurance lead.

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Rua’sannualfinancialresultsforthe
year the ended 30 June 2022.

Nga Pūtea

Financial Highlights

Profit & Loss

Investment in R&D $2.98m

Loss before tax for the year ended

30 June 2022 was $7.49m

Total income $646k

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Cash, CashEquivalentsand Investments
$9.94m

Rua’sannualfinancialresultsforthe

year the ended 30 June 2022.

Nga Pūtea

Financial Highlights

Balance Sheet

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Total Assets $33.57m

Total Liabilities $9.38m

Net Assets of $24.2m

Rua’sannualfinancialresultsforthe
year the ended 30 June 2022.

Nga Pūtea

Financial Highlights

Cashflow

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Netcashoutflowfromfinancing

activities$209k

Netcashoutflowfromoperating

activities$6.84m

Net cash inflow from investing

activities $5.59m

Te TirohangaWhānuio teMākete
o Aotearoa

Outlook for the NZ Market

FY22 saw the realisation of commercialisation

milestones for Rua with regulatory approvals

enabling the production and subsequent New

Zealand launch of Rua’s first product, a CBD oil.

Rua will build on this success in FY23, increasing

the volumes and range of medicines it delivers to

New Zealand patients.

The company’s commercial team has a solid

strategy to grow market share, develop its product

portfolio and engage Rua’s prescriber base.

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Te TirohangaWhānuiki ngaMāketeki
Tāwāhi

Outlook for Export Markets

Rua expects to enter the

German market via its supply

agreement with Nimbus

Health.

Rua will explore business

opportunities with parties in

the Czech Republic, Poland

and the United Kingdom.

Rua expects to advance the

five-year agreement with

Motagon, giving Rua the first

opportunity to supply the

European distributor with a full

portfolio of medicines.

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10:00am
12 October, 2022

Waikanae Surf Club, Gisborne and online.

Nau maiki tehui āTau

Join us for the AGM

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FY22 Te Whakatakotoranga ki nga
Kaiwhakangao o ngā Otinga ā Tau

FY22 Annual Results Investor Presentation

30 August 2022

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