Simavita Annual Report 2019

INTRODUCTION Simavita Limited (ASX: SVA) is a MedTech Company focused on the development of smart, wearable and disposable platform technologies for the health care market. Since 2017 Simavita has delivered on its PIVOT strategy to restructure its focus, products and operations. Key to our goal has been to transition into a MedTech Company with a low recurring cost structure capable of delivering product to new and major markets of interest. The Company can now deliver a portfolio of sensors and systems that will meet a clear demand for cost effective, better and timely information to address all segments of the international infant diaper and adult diaper industry. The opportunity represents a clear unmet market need to provide low cost product to a rapidly growing US$54bn diaper market for infants and a US$11bn market for adult incontinence pads. TECHNOLOGY – MAKING DIAPERS SMART AND CONNECTED WITH SMARTZ™ Rising demand for technology based solutions from international diaper manufacturers has surged on the back of fierce industry competition and demand for smart products from millennial aged parents and adult care agencies who expect information and efficiencies. In the past 6 months’, international diaper manufacturers have come to the realisation that the introduction of smart diapers is imminent and so are actively seeking technology solutions to address this rapidly emerging market need. Simavita has thoroughly researched the market requirements through extensive engagement with global diaper manufacturers, distributors and consumers. This research has led to the development of wearable sensors and a portfolio of Apps that meet a clear demand for change in major markets. Our platform technology, Smartz TM , delivers cost effectiveness as well as better and timely information to address all segments of the international adult incontinence and infant diaper industry. Smartz TM is Simavita’s flagship product. It represents over 10 years of accumulated development, knowledge and significant investment by the Company. Smartz TM is a platform of applications which provides meaningful real time feedback on the wellbeing of the wearer. Smartz TM takes the worry out of care. In the short term, we are focused on a rapid route to market including full regulatory approval to sell product in major markets. These are major market opportunities. The sale and negotiation process with partner organisations is often long and complex. Nonetheless, we are seeing enormous shift in focus toward smart diaper products in our target markets. TECHNOLOGY ROADMAP Smartz TM is an industry disruptive platform technology. It is anticipated that our technology will position Simavita to rapidly develop, modify and distribute Apps for end users. Smartz TM securely connects mothers and fathers to infants and carers to adults in need of help. The platform nature of the technology allows for continuous growth and innovation. INTRODUCING SMARTZ™ SMARTZ TM unique sensor design has enabled us to produce a “Smart” incontinence pad or diaper which delivers a host of wellness and well being indicators including wetness, ambient temperature, pressure sore management, falls and many other features and information. The unique sensor design is low cost, enabling you to purchase “smart” diapers at little cost difference to existing products, and to save money on unnecessary product changes, whilst saving both time and money by reducing unnecessary checks, product changes and the need to change wet bedding/clothing, etc. The smart diaper wars have truly begun... About Simavita Simavita Limited 2