Blackmores Limited provided the following update in relation to the proposed Scheme of Arrangement (Scheme) under which all of the issued shares in Blackmores will be acquired by Kirin Health Science Australia Pty Ltd. (Kirin Sub), a wholly owned subsidiary of Kirin Holdings Company, Limited (Kirin). The Blackmores Directors have determined to pay a fully franked special dividend of $3.29 (Special Dividend) in respect of Blackmores Shares held on the record date for the Special Dividend, being 7:00pm (Sydney time) on 26 July 2023. Payment of the Special Dividend is conditional on the Scheme becoming effective.

If the Scheme becomes effective, payment of the Special Dividend is expected to occur on 1 August 2023. In addition to the Special Dividend and subject to the Scheme becoming legally effective, Blackmores Shareholders will also be sent $91.71 cash per Blackmores Share on the Implementation Date for the Scheme (expected to be 10 August 2023) in respect of Blackmores Shares held at 7:00pm on 2 August 2023.