FY23 Results Presentation

April 2023

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Venture Life Group plc

2

Strong growth with improved profitability

FY23 highlights

Group revenue

Adjusted EPS

+16.9%

5.20p

(or +5.4% LFL)

(2022: 4.30p)

Adjusted EBITDA

10yr revenue CAGR

+29.0%

24%

(or +7.5% LFL)

Free cash flow

£4.8m

(2022: £2.8m)

Net leverage

1.30x

(2022: 1.65x)

3

New product development widens distribution and sales opportunities

Commercial highlights

New Product Development

Thrush

Intimate

HerFlora

Intimate

Cream

Daily

Supplement

Daily Wipes

Foam

Wash

Lift Activ Energy Boost

Baby Earol®

6%

18

9%

28

41%

new products contribution to group revenue

new SKUs

increase in UK distribution points (excluding Dentyl)

new listings achieved across UK retail

online revenue growth

Venture Life Group plc

4

5 out of 7 therapy areas outperformed Group revenue growth

Performance by therapy areas

Women's

Energy

intimate

Customer

Group

management

health

ENT

Oral care

Oncology

Footcare

Dermatology VLG brands

brands

revenue

40.8%

59.2%

Customer Brands

VLG Brands

15.1%

10.7%

6.5%

3.9%

25.4%

6.5%

9.3%

0.6%

5.4%

FY23

vs

-21.0%

FY22

(LFL)

Venture Life Group plc

5

Identifying pivotal growth drivers

Key VLG brands driving growth

We are cultivating "power brands" through marketing, NPD and broadening distribution points as primary revenue drivers

0

5

10

15

20

25

30

2022

2023

£ mln

Dermatology

Footcare

4.7%

6.8%

10.1%

16.4%

17.9%

21.2%

22.8%

Oncology

Oral care

ENT

3.2%

6.7%

11.6%

15.6%

17.4%

21.5%

24.0%

Women's intimate health

Energy management

63% of VLG brands revenue achieved 11.1% LFL growth

Venture Life Group plc

6

Energy Management (+15.1% LFL)

Therapy highlights

Energy Management

+52% 4

online revenue

new SKUs

  • Lift Fast Acting Glucose Shots +100%, Chews +21% in online sales
  • Launch of Lift e-commerce website in Sept 2023
  • Post period, gaining market share due to new product launch
  • New launch in Sainsbury's in August
    2023 (+6.5% of its UK distribution points)
  • Lift social media followers grew by 359%

Venture Life Group plc

7

Women's Health (+10.7% LFL)

Therapy highlights (continued)

Women's Health

+17% 4

online revenue

new products

Venture Life Group plc

"UK's No.1 BV treatment"

  • UK distribution points +16% vs 2022
  • New product Thrush cream quickly became growth driver - Superdrug doubled distributing store numbers
  • Comprehensive marketing strategy - research report the Big Vagina

Report, expert webinar for health

education and brand building

8

ENT (+6.5% LFL)

Therapy highlights (continued)

ENT

£0.2m 1

online revenue

new product

(1st yr launch)

"UK's No.1 ear wax removal spray"

Earol Olive Spray won the Natural Healthcare category for 2023 MVP Award

New launch in Tesco in August 2023 (+20% of its UK distribution points)

Product manufacturing will be internalized from 2024

Venture Life Group plc

9

New revenue driver with strategic considerations

Private Label

Products developed, manufactured, and packaged specifically for retailers, who then distribute them through their own retail channels.

New revenue driver

Enhance relationship with retailers Improve manufacturing utilization

£2.4m

revenue in 2023

No7 Rosacea

Treatment Serum

Launched in 2023

£279k in net revenue in 4 months

2024-2025 pipeline:

3 Women's health products

7 Skincare products

4 Footcare products

7 Women's health products

Venture Life Group plc

10

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Venture Life Group plc published this content on 12 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2024 13:03:04 UTC.