SIMAVITA : RECEIVES FORMAL APPROVAL FROM ASX FOR DELISTING

Simavita Limited ('Simavita') (ASX: SVA) today provides an update on its proposed removal from the official list of the ASX ('Delisting').

Following Simavita's request to ASX on 30 October, 2020 for Delisting, Simavita is pleased to confirm that ASX has now provided its formal consent to the Delisting on the conditions set out in this announcement, which is consistent with the information set out in Simavita's ASX announcement on 30 October, 2020.

ASX's formal decision and conditions are set out below. The special meeting of shareholders to consider the delisting is on Wednesday, 2 December 2020 at 11.00 am (Australian Eastern Daylight Time) on Wednesday, 2 December 2020 at the offices of K&L Gates Level 31, 1 O'Connell Street Sydney, New South Wales, Australia. Formal meeting documentation has been sent to all CHESS Depositary Interest holders entitled to receive the meeting materials.

Contact:

Tel: +61 421 466 653

About Simavita

Simavita (ASX: SVA) is a MedTech Company focused on the development of smart, wearable and disposable platform technologies for the health care market. Our key platform Smartz is a highly disruptive technology focused on transforming a traditional 'dumb' diaper into a smart device to help parents and carers of both infants and adults. With the support of our shareholders, customers and employees, Simavita is absolutely committed to the business at hand; creating a commercially successful and growing corporation. www.simavita.com