Elixinol Global Limited Annual Report 2020

Letter from Chair and Global CEO Dear Fellow Shareholders 2020 has been an unprecedented time for global markets. The COVID-19 pandemic has brought unforeseen challenges to many sectors, including our own. But it’s times like this that drive Boards to really hone-in on how to achieve quality outcomes through every challenge and opportunity. Following a reset of the Board and management team in FY2020, which saw our leadership capabilities strengthened and our strategic, commercial and governance skillsets augmented, your Board has held a stable focus on driving shareholder value. We are writing at a turning point in this process – EXL stands positioned to become a sustainable, wellness business with a broad portfolio and a diversified global footprint. It is our mission tomake a positive contribution to people’s health, wellness and the planet through the power of hemp products. This purpose is at the heart of our business as we pursue our vision of building a global, hemp derived, health and wellness consumer products business. COMPANY OVERV I EW Image top: Helen Wiseman – Chair Image bottom: Oliver Horn – Global CEO 4 Elixinol Global Limited | Annual Report 2020