14/12/17: Waldemar LINK GmbH & Co Distribution Agreement

14 December 2017

ASX Release

Allegra to distribute the LINK product range

Allegra Orthopaedics Limited ('Allegra') is pleased to announce it has today entered into an agreement with German based Waldemar LINK GmbH & Co ('LINK'), to exclusively distribute their complete range of medical device implant products within Australia. The term of the agreement is 3 years with an option to extend to 5 years.

LINK distributes in over 60 countries worldwide and is among the world leading players in the large joint replacement market. LINK has products which have set new standards and has a respected name among the orthopaedic community worldwide.

The LINK product range will compliment Allegra's current product offering and further increase Allegra's reach to a large number of orthopaedic and tumour surgeons across the country.

There is a current user base of surgeons for LINK products in Australia, therefore Allegra will immediately focus on servicing these surgeons along with cross selling opportunities to Allegra's existing surgeon base.

Jenny Swain, CEO of Allegra, states "We are delighted to further expand our range of products through the LINK portfolio. LINK have a reputation for developing solutions for the more difficult pathology and producing innovative prostheses. These innovations will allow Allegra to have a stronger focus on hip, knee, tumour and revision prosthetics. As always our aim is to focus on solutions that assist our surgeons in problem solving for patients."

Allegra's Non-Executive Chairman Mr. Peter Kazacos, commented "We are excited to combine our current expertise in enhanced value-add distribution with LINK's leading Orthopaedics solutions."

ENDS

Allegra Orthopaedics Limited

Level 8, 18 - 20 Orion Rd, Lane Cove West NSW 2066 Australia; PO Box 72 St Leonards NSW 2065 Australia

T +612 9119 9200 T Toll Free 1800 644 370

F +612 9439 4441 F Toll Free 1800 624 223

Esales@allegraorthopaedics.com

Contact details:

Justyn Stedwell - Company Secretary

T: 03 9191 0135

ABOUT ALLEGRA ORTHOPAEDICS

We aim to help bring the freedom and happiness of pain-free movement to people's lives. We achieve this through providing the best possible solutions for patients, from world-wide industry leading orthopaedic products through to Australian innovations.

Allegra's principal product, the Active Total Knee, has significantly improved the quality of life for many people and remains a focussed product line. The company is pleased to continue to build upon its extensive portfolio of patents. It has extensive research relationships with universities, companies and surgeon inventors, including its global licensee to the composite biocompatible ceramic material known as Sr-HT- Gahnite from the University of Sydney.

Allegra also has a well- developed range of products for distribution from international suppliers covering all specialities from foot and ankle to upper limb.

Allegra Orthopaedics Limited

Level 8, 18 - 20 Orion Rd, Lane Cove West NSW 2066 Australia; PO Box 72 St Leonards NSW 2065 Australia

T +612 9119 9200 T Toll Free 1800 644 370

F +612 9439 4441 F Toll Free 1800 624 223 Esales@allegraorthopaedics.com