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“We acknowledge the abutment of the Australian government in the development of our adorning anesthetic platform, including the RECELL System,” said Dr. Michael Perry, Chief Executive Officer. “Last week’s FDA approval of the RECELL System was a above adventure and resulted from the contributions by patients, ytic balloon investigator teams and our committed employees. The non-dilutive allotment provided by the R&D Credit over the accomplished several years helped accomplish this success possible.”

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ABOUT AVITA MEDICAL LIMITED

AVITA Medical is a adorning anesthetic aggregation with a technology belvedere positioned to abode unmet medical needs in burns, abiding wounds, and aesthetics indications. AVITA Medical’s patented and proprietary accumulating and appliance technology provides avant-garde ysis solutions acquired from the adorning backdrop of a patient’s own skin. The medical accessories assignment by advancing a REGENERATIVE EPIDERMAL SUSPENSION™ (RES™), an autologous abeyance comprised of the patient’s bark beef all-important to change accustomed advantageous epidermis. This autologous abeyance is again sprayed assimilate the areas of the accommodating astute treatment.

AVITA Medical’s aboriginal FDA accustomed product, the RECELL® System, produces Spray-On Skin™ Beef application a baby bulk of a patient’s own skin, accouterment a new way to amusement astute burns wounds in patients 18 years of age and older, while decidedly abbreviation the bulk of donor bark required. The RECELL System is advised to be acclimated at the point of affliction abandoned or in aggregate with autografts depending on the abyss of the bake injury. Compelling abstracts from randomized, controlled ytic trials conducted at above U.S. bake centers and real-world use in added than 7,000 patients globally, reinforce that the RECELL System is a cogent advance over the accepted accepted of affliction for bake patients and offers allowances in ytic outcomes and amount savings. Healthcare professionals should apprehend the INSTRUCTIONS FOR USE – RECELL® Autologous Cell Harvesting Accessory for a abounding description of important assurance advice including contraindications, warnings and precautions.

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In all-embracing markets alfresco of Europe, our portfolio is marketed beneath the RECELL System cast to advance bark healing in a advanced ambit of applications including burns, abiding wounds and aesthetics. The RECELL System is TGA-registered in Australia, and CFDA-cleared in China.

In Europe, our portfolio of medical accessory articles accustomed CE-mark approval as three tailored artefact presentations, with three alone cast names. The RECELL Autologous Cell Harvesting Accessory is advised for the ysis of burns and artificial reconstructive procedures; REGENERCELL™ Autologous Cell Harvesting Accessory has been formulated for abiding wounds including leg and bottom ulcers; and RENOVACELL™ Autologous Cell Harvesting Accessory is tailored for artful applications including the apology of pigmentation.

To apprentice more, appointment www.avitamedical.com.

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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This letter includes advanced statements. These advanced statements about can be articular 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,” added words of agnate acceptation and the use of approaching dates. Advanced statements in this letter include, but are not bound to, statements concerning, amid added things, our advancing ytic trials and artefact development activities, authoritative approval of our products, the abeyant for approaching advance in our business, and our adeptness to accomplish our key strategic, operational and banking goal. Advanced statements by their attributes abode affairs that are, to altered degrees, uncertain. Each advanced account independent in this letter is accountable to risks and uncertainties that could account absolute after-effects to alter materially from those bidding or adumbrated by such statement. Applicable risks and uncertainties include, amid others, the timing of authoritative approvals of our products; physician acceptance, endorsement, and use of our products; abortion to accomplish the advancing allowances from approval of our products; the aftereffect of authoritative actions; artefact accountability claims; risks associated with all-embracing operations and expansion; and added business effects, including the furnishings of industry, bread-and-er or political altitude alfresco of the company’s control. Investors should not abode ample assurance on the advanced statements independent in this letter. Investors are encouraged to apprehend our about accessible filings for a altercation of these and added risks and uncertainties. The advanced statements in this letter allege alone as of the date of this release, and we undertake no obligation to amend or alter any of these statements.

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US MediaSyneos Health Public RelationsChristian PflaumerPhone 1-212-229-8412Nicole BeckstrandPhone [email protected] MediaMonsoon CommunicationsSarah KemterPhone 61 (0)3 9620 3333Mobile 61 (0)407 162 [email protected]:Westwicke PartnersCaroline CornerPhone [email protected] Medical LtdDale A. SanderChief Banking OfficerPhone [email protected]

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