Opportunity For Purchaser ej ?gamma Acquire the #1 supplier of Narcotic APls in the United States, the world?s largest market Gain a global presence with marketing authorizations filed in 30+ countries Inherit a strong pipeline of new products and filed customer product opportunities Become a key supplier to the world?s largest multinsource generics Acquire fully integrated facilities and personnel and external supply network - -: pig?Fiestwill-I'l..-.. --. . .. . - -- - -- -.- - . I.- l?nirnrn'gten, Dera'Ware Weather}: Tasmania Athena; Georgi adding 6 Active Fharmaoeutioai ingredients Extraction: Ag SmartF Scale Manufacture ease .un?den?al 1 -I'g ILI-I. -- l-Lill?i: iActwe Ingredients Pain I Net Trade Sales'? 2914 in USD MM i 55?1?" I Had rented ene Vieed in?i, Le rtaib'E . . -- ""Pain' 52 Bupren?rphine Nerspani? Subexene??, Subuteei?? Pain er addiction ED Mar-shine MS Centin'?, Fair- 20 Ceaeine Laudanen?? Pair: Hydremerphene Dileudid'?i, Exalge? Pair: Nale-xene- Narean?t, Ei-?ziei?E Dverdnse or abuse Etherf Intermediatee ADHD and Pain Na reetie Raw Mate rials z?'ilihet Sales uaLue *Net Trade Saree re?ect interns! date and are unaudited Cen?denhei .Over 80% of Noramco?s Sales are via Long-Term Supply - Agreements (at meantime Noramce has lung-term agreements and/0r majority centroiied substance share with git 7 of the tap US generic companies Typical supply agreement terms Covers muitiple controiled substance products (4 er more) Agreements are for mere than 80% of customer?s volume is Terms are for 3 to 5 years minimum with rolling renewals Note: Existing agreements are net a guarantee at future business er renewat purchaser must assess uatue Cen?dennal 13 Iiid?ntial . l-Ii?i NDRAMCQM Typical supply agreement terms 3 Covers multiple controlled substance products (4 or more) Agreements are for mere than 80% of customer?s volume Terms are for 3 to 5 years minimum with rolling renewals Note: Existing agreements are net a guarantee ef future business er renewal! purchaser rnusi assess Cen?denual 18 Eider-tie! seems i. - Key Narcotics Markets are Fully or Partially Closed To the Import of Controlled Substance Narcotics 3 Fully or Partially Closed Marketa API must be produced in fully closed markets, including the US I (the world?s largest marketConfalcntiai JAN 5001 ll 510431101 9 immense Ten Markets Account for 90% of Global Consumption :1 momma: a: of Narcotic APl?s Key Narcotics Consumption lay Region I (eqanel Lil-f. rr? Mammals-e tons} Vl?ore?l'ea?I +1 ions) Germany [12.5 tons} .- Itau ozoneFranoe ?g937?u?Fall '1 . 1EQtons 1' r; _l??mnnesi I 'i . -.-- - .- IlaSouth Africa Australia {13.2 tons} [13 tons} Source: HHS and WEB Ellie Narcotic ?IF'ls loolooles some naroolla o?erl'eea {'Nallrerooe, Naloxone. era}I Con?den?al Global Narcotics Consumption by Volume Nallr'oear'lo ?svrrolollone N?lrmt'lna- 1305*?: i-Iydromorohonu 1 [3.93% ??oral-line Hydrocaoane 13.5% Codeme 52.3% I I =4?iE.5tons a Closed markets {fully or partially} Naraotle APE must be maoufacturea' lo Closed Markets. Exports are but often ho restrletloos. Dpen Markets imports alloweaout are highly regulated- ?ue-:21 I North America is 47% of Global Consumption and is . ll]; Key Controlled Substance Market rj NEWCDM Global Consumption of Narcotic Controlled Substance Sweden 1% Austria Germany ?Fits for 3% ?l i 32% of the worlds Oxycoclone Australia {is 1'3. . ~11: -- . . ..'s . a 99% of the rocodone . 99% Of the Oxymorphone North America consumes: 79% of the Hydromorphone 66% ofthe Buprenorphine 61% ofthe Morphine 14% ofthe Codeine Source: 2614 includes PMS. DMH, l'i'il'v'i'i'?'J NUT, NH, 3UP. Excludes sw'rthetics DEA DD drugs Eon?den?ai Noramca Has Steadily Gained US Market Share #1 FE Jun?13 Jun-14 ID I: ll D. Idea; 1 119iIrOxymdane Hvdramdune Codeine anymurphune Nuramco 2014 us Sales 394?? 352%an E: farm . .EEFMM S??sm? Suurcrs' far Share: sums dam, Smurf? fur Nam-mm; U5 sm'Ps: unaudited F?nlp?' cm rims. m. E13 2 2 Banlidmdiut JAN ?ah: m1 59cm 51048.0022 {51 14Ei-Uii_ EDDIDDU .- 1 eernne 111 1 2 [1,0013 60,0113?) . 7:21: . LIQUDD . :35"-ii Deveedene Hydrocedene Bite rtrete Cedeine Pheephete Merphine Sulfate ETeehnicel Thebeine Deemerphene HCI e1 Oxymerphene, crude F: Amphetamines Tenentede! Intermediate Cenfid eritiei 33 Cenndentiel The Value of Agricultural Research a .- HDWCEM Percent Thebaine in Illegals},r (Average) IT _l 1999 2999 2991 2992 2993 2994 2995 2995 2992 2995 2999 2919 2911 2912 2913 2914 291i: Nareotic raw material is the single biggest contributor to costs a Tasmanian Alkaloids has increased the alkaloid content by 399% over the last 15 years 9 INCB data validate that these increases are unparalleled in the industry Con?den?al 49 59929