Announcement PDF ACN 009 104 330 Level 5, 126 Phillip Street, Sydney NSW 2000, Australia 11 December 2023 Company Announcements Pla�orm Australian Securi�es Exchange Comple�on of acquisi�on of Foshan Gedishi Biotechnology Co Ltd Highlights • • • Acquisi�on of Foshan Gedishi Biotechnology Co Ltd completed China Tobacco distribu�on agreement now in the BP8 Group Focus on supply channels and stock purchases in the lead up to Chinese New Year Further to the announcements made by the Board of BPH Global Ltd (ASX: BP8) (Company) on 20 September 2023 (20 September Announcement) and 23 October 2023 (23 October Announcement), the Board is pleased to announce that the Company has completed its acquisi�on of Foshan Gedishi Biotechnology Co Ltd (Foshan). Foshan and the sale of Bird’s nest products in China In the Company’s 30 day update announcement made on 1 September 2023, the Company highlighted the pilot program which successfully trialled supply and distribu�on channels for the sale of bird’s nest products via China Tobacco’s outlets in Guangzhou and via social media influencers on Douyin, the China version of TikTok, most recently from December 2022 to February 2023 (Pilot Study). As announced on 20 September 2023, the Company executed an agreement to acquire 100% of Foshan, the company incorporated in China which undertook the Pilot Study in Foshan, China (Foshan Agreement). The Board is pleased to advise that the Company has now completed its acquisi�on of Foshan. This follows the visit by the execu�ve Directors Messrs Mat Leonard and Frank Cannavo to China in October-November and the current visit by the Company’s CFO, Mr Chow Yee Koh who oversaw the comple�on of the final stages of the Company’s due diligence review of Foshan and the sa�sfac�on of the Company’s condi�ons precedent to comple�on of the acquisi�on. Last Friday (8 December 2023), the Company issued 100 million shares in the Company to the Foshan shareholders following sa�sfac�on of the Company’s condi�ons precedent to comple�on of the acquisi�on. The issue of these shares was approved by shareholders at the Company’s annual general mee�ng held on 21 November 2023, condi�onal on the sa�sfac�on of the condi�ons precedent to comple�on. Commercial ini�a�ves following acquisi�on Mr Chow Yee Koh remains in China to oversee the integra�on of Foshan into the BP8 Group and the purchase of stock in prepara�on for the Chinese New Year sales period. Chinese New Year is the peak demand period for birds’ nest products in China. The Company also an�cipates the renewal of the exis�ng distribu�on agreement with China Tobacco to be completed in the next 7 to 10 days. The execu�ve Directors will con�nue to work closely with non-execu�ve Director Michael Huang on the Company’s birds’ nest ac�vi�es and will con�nue to focus on the growth of the Company’s sales and distribu�on footprint for birds’ nest products in China. Having completed the acquisi�on of Foshan, the Company will focus on nego�a�ons with China Tobacco to enter into addi�onal distribu�on agreements that will have the effect of growing the Company’s sales and distribu�on footprint in China. Bird’s nest supply arrangements The Company had predicated its plans to secure long-term birds’ nests supply arrangements on comple�on of the Foshan acquisi�on, having already secured funding under the placement and conver�ble note offers. With the Foshan acquisi�on now complete, the Company will acquire birds’ nest products in Malaysia for sales and distribu�on in China in the lead up to and during the Chinese New Year holiday period. The Company will also seek to enter into long-term supply agreements with exis�ng and poten�al key suppliers to ensure security of supply and quality of product. The Company will con�nue to provide further updates in due course on its progress with the birds’ nest business opera�ons to be conducted in China via Foshan. - END Authorised for lodgement by the Board of the Company For further informa�on, please visit our website at www.bp8global.com or contact: Mr Paul Stephenson Chairman BPH Global Limited E: pauls@bp8global.com