ASX Announcement 03x May 2018

The Food Revolution Group launches new products

Highlights

- FOD to launch new products to extend The Juice Lab, Thirsty Brothers ranges into Grocery Channel

- FOD to extend its very successful kombucha range The Bucha Shop - FOD launches Replenish range – a healthier carbonated fruit-flavoured drink and 3-litre

Thirsty Brothers juice range - Launch of new products will help boost production at FOD’s Australian-based processing plant - Discussions continuing to establish distribution partners in China.

Food and beverage processing company The Food Revolution Group (ASX: FOD) (“FOD” or the “Company”) is pleased to announce it is adding new products to its successful brands The Juice Lab, The Bucha Shop, Thirsty Brothers and Fruit Farm. FOD will launch the new products into Grocery channels including Coles, Woolworths and Aldi supermarkets.

FOD will launch its Replenish brand with two new products, watermelon and lemon. This range has been developed to provide consumers with a healthier carbonate beverage containing antioxidants and low sugar.

FOD will extend its Thirsty Brothers brand by launching orange and apple juices in a 3-litre product. This will extend FOD’s offer in the in-home juice market and it will be available at Woolworths. The Thirsty Brothers brand complements its 2-litre Fruit Farm brand in the in-home market. The in-home market is the biggest category in the Juice category through supermarkets. After the very successful launch of FOD’s kombucha brand The Bucha Shop brand into the fast-growing kombucha market it will continue to launch new flavours and optimize its range. This will increase The Bucha Shop to five flavours – berry, lemon and ginger, pineapple and mint, orange turmeric and the new strawberry lime to capitalize on the fast growing Kombucha market which is expected to increase to over from $100M to over $300M in the next 24 months.

FOD continues to innovate and bring new flavours to the market. It has added two new line extensions, Coconut Breeze and Berry Goodness to its successful The Juice lab smoothie range.

FOD is further building its relationship with Aldi, and will launch a 1-litre pressed juice range as well as two of its Juice Lab smoothies across the supermarket’s stores. Executive Chairman Bill Nikolovski said, “We are very excited to extend our product range, particularly the Replenish brand which have been designed to meet consumers’ growing demand for healthier carbonated beverages. The Replenish range compliments our very successful kombucha range The Bucha Shop, which has been very popular since we launched it nearly 12 months ago.

“The Thirsty Brothers - litre range adds to our in-home product offering along with Fruit Farm range and the Pick’d range sold at Aldi.

“Our strategy of bringing new innovative products to the market regularly has been successful to date as shown by our growth. We have constantly refined our portfolio of products to ensure we are on trend.

“We will continue to innovate and bring new products to the market that are focused on beverage consumption and the changing tastes and preferences of consumers. While we initially focused on juice products, we are now producing a range of carbonated beverages, kombuchas, teas and coffees. We will continue the innovation into new categories including a new exciting range in plant-based milks.”

Launching new products is expected to boost production at FOD’s Australian-based fresh/natural plant in Mill Park, Victoria, which has been operating at approximately 40% capacity. The plant has capacity to do more than $110M in revenue at gross margins of between 30% to 45%.

The Company is continuing advanced discussions with potential distribution partners to take FOD’s products into the large Chinese market.

FOD is a food and beverage processing company involved in food and beverage processing in the Fast Moving Consumer Goods (FMCG), with operations in Mill Park, Victoria. It manufactures superior quality juices, fibres, infused fruits and fruit waters for sale as branded products and ingredients into the international food, beverage and nutraceutical markets for customers in Australia and key international target markets, including China.

For more information, please contact:

Bill Nikolovski Chief Executive +61 3 9982 1451 bill@thefoodrevolutiongroup.com.au Nathan Ryan Investor/media relations nathan.ryan@nwrcommunications.com.au +61 420 582 887

About The Food Revolution Group

The Food Revolution Group Limited (ASX: FOD) is an Australian-based food processing company that uses a combination of conventional juice processing equipment and custom-developed equipment and processes to manufacture a range of high-quality juices, fibres, infused fruits and fruit waters that are sold as branded products or ingredients to customers domestically and overseas.

FOD uses a range of processing technologies, including Current Counter Extraction (CCE) technology which was developed in conjunction with Australia’s CSIRO to extract juice from fruit and vegetables. Its processing facilities are located in Mill Park, Victoria.

FOD is aiming to generate shareholder value through exploring opportunities for growth in the functional food, beverage and nutraceutical markets in Australian and key international markets.