Section 249D Notice

• Skin Elements has received a Section 249D notice from Kingsbury Wealth Pty Ltd
• The notice requisitions a general meeting to remove director Filippo (Phil) Giglia
• The company is considering the notice and will update shareholders in due course

Skin Elements Limited (ASX: SKN) has received a notice under section 249D of the Corporations Act 2001 from Kingsbury Wealth Pty Ltd (ACN 685 525 302) as trustee for the Kingsbury Investments Unit Trust. Kingsbury Wealth owns 7.3% of the ordinary shares in Skin Elements. The notice requisitions a general meeting of the company seeking the removal of Filippo (Phil) Giglia as a director of Skin Elements. Roderick Nicholas, a director of Skin Elements, is also the sole director of Kingsbury Wealth. The company is currently considering the Section 249D notice and obtaining advice in respect of it. Skin Elements will update its shareholders as to the outcome of the review in due course in accordance with the Listing Rules.