Simavita Annual Report 2019

On behalf of the Directors and staff of Simavita, I invite you to review the results of the Company for the financial year ending 30 June 2019 as set out in the following pages. The 2018/19 financial year was another critical period for Simavita, culminating in the release of our newly branded and market ready, smart diaper systems for both adults and infants… Smartz TM We are, we believe, in the right place and at the right time. In Australia, a Royal Commission is highlighting critical concerns in the multi-billion dollar market for the care of the aged. These concerns are matters that, in many cases, are measured and tracked by Smartz TM . In Europe, governments are legislating against single use plastics while the level of knowledge amongst aged care businesses, together with significant competition amongst diaper manufacturers, is driving that economy toward the rapid adaptation of smart product. In North America, we note that major players in the diaper industry have recently brought to the infant market, new smart type products. In order to remain relevant and profitable, international markets are rapidly transitioning from an expectation that smart diaper products will come in the future, to a scramble to find the right technology. The Simavita Smartz TM product logo is “empowered by Smartz TM ” and is a clear statement that our platform technology takes an ordinary diaper and empowers carers, mothers, fathers and others with information and an ability to materially improve the wellbeing and wellness of the aged, the disabled and infants. In order to remain relevant and profitable, international markets are rapidly transitioning from an expectation that smart diaper products will come in the future, to a scramble to find the right technology. Michael Spooner Chairman Chairman’s Letter We are, we believe, in the right place at the right time. Simavita Limited 6

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