Skin Elements Limited provided the following market update on its business plans including the commercialisation of its all-natural plant-based SE FormulaTM anti-microbial technology. The SE Formula Natural Revolution Skin Elements is at the forefront of this revolution with SE FormulaTM, a high performance proprietary all-natural antimicrobial technology. With global economies emerging from lockdown measures, the focus is on sustainability and environmental impact and increased knowledge and greater awareness of the effects of harmful and aggressive toxic chemical ingredients.

People globally are now demanding eco-friendly and biodegradable solutions with improved efficacy and anti-bacterial properties. The SE FormulaTM is the result of more than 15 years research and development by the Skin Elements' team in the area of plant-based ingredients and antimicrobials. It is Australian made from a 100% plant-based proprietary formula that is biodegradable, vegan, non-corrosive, non-flammable and cruelty free.

The product does not contain any synthetic chemicals including benzoates, benzalkonium chloride, hydrogen peroxides, quaternary ammonium compounds, bleach/chlorine compounds or other chemical ingredients. The SE FormulaTM is used in the Company's proprietary brands including Invisi-Shield SuprCuvr plant-based hospital grade disinfectant range, the Soléo Organics natural sunscreen brand, the PapayaActivs therapeutic skincare range and the Elizabeth Jane Natural Cosmetics. SuprCuvr (Log 7 /Log 3); SuprCuvr is a TGA registered hospital-grade disinfectant made from a 100% plant-based formula.

Independent laboratory tests have confirmed that SuprCuvr has achieved very high effectiveness (99.99999% or 7 log reduction) against COVID 19 and other germs. SuprCuvr is also approved by NASAA as a Certified Organic input which confirms the products use around humans and certified organic food. Skin Elements is ready to play an active role in helping global communities to recover, survive and thrive. With Australia now emerging from COVID-19, SuprCuvr has been positioned as a high performance broad spectrum disinfectant that is safe to use with humans, animals and plants.

Furthermore, Skin Elements is providing SuprCuvr at (Log 3 or 99.9%) effective against germs making SuprCuvr extremely price competitive compared to existing chemical disinfectant products. Expanding the SE FormulaTM Product Range; Skin Elements is actively seeking to expand the SuprCuvr product range beyond its use as a hospital-grade disinfectant and by offering new products at different price points. Testing results of SuprCuvr have also shown its ability to kill other potentially-dangerous pathogenic bacteria, including E.coli and Staph.aureus that can be present in-hospital settings, and independent laboratory tests were conducted on the anti-fungal capacity of SuprCuvr.

Specifically, it was tested for efficacy against black mould (Aspergillus niger) and Candida albicans, highly prevalent sources of fungal infections in humans. Further trials are currently underway in Australia and New Zealand for treatment of livestock and crops. This positive outcome has the potential to open up new product applications in agriculture and horticulture for SuprCuvr, and the Company plans to progress these opportunities to expand the SE FormulaTM product range.