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ASX/News Release AVITA Medical Limited Proposed redomiciliation to the United States of America - Scheme Meeting on Monday, 15 June 2020 at 9.00am (AEST) Valencia, Calif., USA, and Melbourne, Australia, 10 June 2020: AVI

Key Takeaway: AVITA Medical Limited Proposed redomiciliation to the United States of America - Scheme Meeting on Monday, 15 June 2020 at 9.00am (AEST) Valencia, Calif., USA, and Melbourne, Australia, 10 June 2020: AVITA Medical Limited ACN 058 466 523 (Company) is pleased to confirm that t

Full Press Release Details

AVITA Medical Limited
Proposed redomiciliation to the United States of America -
Scheme Meeting on Monday, 15 June 2020 at 9.00am (AEST)
Valencia, Calif., USA, and Melbourne, Australia,
10 June 2020: AVITA Medical Limited ACN 058 466 523 (Company) is pleased to confirm that the general meeting to consider a resolution to approve the proposed scheme of arrangement to effect a redomiciliation of the
Company and its subsidiaries from Australia to the United States of America (Scheme Meeting) is being held by way of live webcast at 9.00am (AEST) on Monday, 15 June 2020 (being 7.00pm (EDT) on Sunday, 14 June 2020).
The Scheme Booklet prepared in relation to the proposed scheme of arrangement was despatched (by post or electronically) to Company shareholders on
14 May 2020. A copy of the Scheme Booklet can also be found on the Company s website (https://avitamedical.com/virtual-shareholders-meeting).
The Notice of Scheme Meeting is contained in Appendix F of the Scheme Booklet.
Shareholders are reminded that due to the restrictions imposed by the Australian government in response to the
COVID-19 pandemic, the Scheme Meeting is being held exclusively as a virtual meeting by way of the live webcast.
Taking part in the live webcast will enable shareholders to listen to the Scheme Meeting live and view slides and proxy results. Shareholders who are
registered as at 9.00am (AEST) on 13 June 2020 will be entitled to ask questions and cast their vote at the appropriate times whilst the Scheme Meeting is in progress. Holders of American Depositary Shares (ADS Holders) are able to
listen to the live webcast, however, will not be able to ask questions or vote via the live webcast.
The Company will also provide a brief corporate
update to shareholders at the conclusion of the Scheme Meeting.
Shareholders can access the live webcast by following the instructions below.
Participating in the Scheme Meeting
invited to participate in the Scheme Meeting by way of the live webcast on two available platforms:
Once you have accessed the Lumi platform on your web browser or mobile device, you will be prompted to enter the
meeting ID, which is: 316-817-384.
Your username is your
SRN / HIN (which can be found towards the top right hand corner of your holding statement and on shareholder communications).
Your password is the
postcode registered to your holding if you are a shareholder in Australia. If you are a shareholder outside of Australia, your password is your three letter country code (for example, USA for United States of America). A full list of
country codes is provided in the attached Scheme Meeting User Guide.
Limited c/o Mertons Corporate Services Pty Ltd Level 7, 330 Collins Street, Melbourne Victoria 3000
ADS Holders are able to listen to the live webcast of the Scheme Meeting as a visitor by selecting the
guest option after entering the meeting ID.
Further details and instructions on how to participate in the Scheme Meeting are contained in the
Scheme Meeting User Guide, and on the Company s website (https://avitamedical.com/virtual-shareholders-meeting).
Shareholders who are unable to take part in the Scheme Meeting by way of the live webcast, or choose not to do so, are encouraged to submit their votes by
proxy by no later than 9.00am (AEST) on 13 June 2020. Details on how to appoint a proxy are set out in section 3.8 of the Scheme Booklet.
Update details with the Company s share registry
Shareholders are encouraged to update their details with the Company s share registry, Computershare Investor Services Pty Ltd (Computershare), by
accessing Computershare s website (www.computershare.com.au/easyupdate/avh) to ensure that payment instructions are up-to-date in advance of the anticipated
implementation date of the proposed scheme of arrangement.
Authorised for release by the Chief Financial Officer of AVITA Medical Limited.
ABOUT AVITA MEDICAL LIMITED
AVITA Medical is a regenerative medicine company with a technology platform positioned to address unmet medical needs in burns, chronic wounds, and aesthetics
indications. AVITA Medical s patented and proprietary collection and application technology provides innovative treatment solutions derived from the regenerative properties of a patient s own skin. The medical devices work by preparing a
RES REGENERATIVE EPIDERMAL SUSPENSION, an autologous suspension comprised of the patient s skin cells necessary to regenerate natural healthy epidermis. This autologous suspension is
then sprayed onto the areas of the patient requiring treatment.
AVITA Medical s first U.S. product, the RECELL System, was approved by the U.S. Food and Drug Administration (FDA) in September 2018. The RECELL System is indicated for use in the treatment of acute thermal burns in patients 18 years and
older. The RECELL System is used to prepare Spray-On Skin Cells using a small amount of a patient s own skin, providing a new way to treat severe
burns, while significantly reducing the amount of donor skin required. The RECELL System is designed to be used at the point of care alone or in combination with autografts depending on the depth of the burn injury. Compelling data from randomized,
controlled clinical trials conducted at major U.S. burn centers and real-world use in more than 8,000 patients globally, reinforce that the RECELL System is a significant advancement over the current standard of care for burn patients and offers
benefits in clinical outcomes and cost savings. Healthcare professionals should read the
INSTRUCTIONS FOR USE - RECELL Autologous Cell Harvesting Device (https://recellsystem.com/) for a full description of indications for use and important safety information including contraindications, warnings and precautions.
In international markets, our products are marketed under the RECELL System brand to promote skin healing in a wide range of applications including
burns, chronic wounds and aesthetics. The RECELL System is TGA-registered in Australia and received CE-mark approval in Europe.
To learn more, visit www.avitamedical.com.
Avita Medical Limited c/o Mertons Corporate Services Pty Ltd Level 7, 330 Collins Street, Melbourne Victoria 3000
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This announcement includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as
anticipate, expect, intend, could, may, will, believe, estimate, look forward, forecast, goal, target,
project, continue, outlook, guidance, future, other words of similar meaning and the use of future dates. Forward-looking statements in this announcement include, but are not limited to,
statements concerning, among other things, our ongoing clinical trials and product development activities, regulatory approval of our products, the potential for future growth in our business, and our ability to achieve our key strategic,
operational and financial goal. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Each forward-looking statement contained in this announcement is subject to risks and uncertainties that could
cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the timing of regulatory approvals of our products; physician acceptance, endorsement, and use of
our products; failure to achieve the anticipated benefits from approval of our products; the effect of regulatory actions; product liability claims; risks associated with international operations and expansion; and other business effects, including
the effects of industry, economic or political conditions outside of the company s control. Investors should not place considerable reliance on the forward-looking statements contained in this announcement. Investors are encouraged to read our
publicly available filings for a discussion of these and other risks and uncertainties. The forward-looking statements in this announcement speak only as of the date of this release, and we undertake no obligation to update or revise any of these
FOR FURTHER INFORMATION:
U.S. Media Investors:
Sam Brown, Inc. Westwicke Partners
Christy Curran Caroline Corner
Phone +1 615 414 8668 Phone +1 415 202 5678
christycurran@sambrown.com caroline.corner@westwicke.com
O.U.S Media AVITA Medical Ltd
Monsoon Communications David McIntyre
Rudi Michelson Chief Financial Officer
Phone +61 (0)3 9620 3333 Phone +1 661 367 9178
Mobile +61 (0)411 402 737 dmcintyre@avitamedical.com
rudim@monsoon.com.au
Avita Medical Limited c/o Mertons Corporate Services Pty Ltd Level 7, 330 Collins Street, Melbourne Victoria 3000
Last updated: Jun 11, 2020