Oliver's Real Food Limited announced that it has entered into a Master Franchise Agreement (MFA) to appoint EG Fuelco (Australia) Limited (EG), as its exclusive franchisee of Oliver's Real Food randed restaurants in the petrol and convenience sector in Australia. The initial term of the agreement is 10 years. Oliver's to be the exclusive supplier of all products sold at these outlets. Each tore to pay ongoing franchise fee's. Minimum performance criteria required to maintain exclusivity. The new agreement is in addition to the existing food-to-go concept with EG, which has lready seen Oliver's branded concessions established in 90 petrol service station across EG retail outlets just five (5) months since launch. In April 2019, EG acquired 540 Woolworth service tations in Australia for $1.72 billion. The first EG franchised Oliver's Real Food outlet is planned to open in Western Sydney before the end of 2020. The agreement provides EG with an exclusive) MFA based upon meeting and maintaining set minimum performance criteria. Under this exclusive MFA, Oliver's is not restricted from operating its current corporate store network, nd or opening more locations on highway service centers and travel centers. The company has also maintained all rights to open, operate or franchise, all other market segments such as irports, hospitals, train stations, universities, shopping centre's. Oliver's will be the exclusive supplier of all products to EG in accordance with this MFA. The initial term of the MFA will be 10 ears, with an option to renew the term for a further of 10 years provided that both parties agree. While each individual Franchise Fee and order for supplies are not each material, the ompany does anticipate that revenue growth from its franchises to be a material growth engine of Olivers' in the coming years.