Emyria Company Update Presentation
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Emyria ASX Announcement | 11 June 2026
ASX RELEASE.
11 June 2026
Emyria Company Update Presentation
Emyria Limited (ASX: EMD) (“Emyria”, or the “Company”), a leader in innovative mental health
treatments, is pleased to provide a Company Update which will be presented at the Gold Coast
Investment Showcase on 11 June 2026. The update includes Company progress to date and
new information on clinic establishment timelines and projected breakeven for a stand alone
clinic.
Attached is the Company Update.
This release has been approved by the Board of Emyria.
For further information, investment opportunities, or more about Emyria’s approach to
mental health treatment, please contact:
Greg Hutchinson
Executive Chair
1300 436 363 | investors@emyria.com
ASX RELEASE
Emyria ASX Announcement | 11 June 2026 2
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS Any statements in this press release about
future expectations, plans and prospects for the Company, the Company’s strategy, future operations, and
other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,”
“predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions,
constitute forward-looking statements. Actual results may differ materially from those indicated by such
forward-looking statements as a result of various important factors, including: the Company’s ability to
successfully develop its product candidates and timely complete its planned clinical programs and the
Company’s ability to obtain marketing approvals for its product candidates. In addition, the forward-looking
statements included in this press release represents the Company’s views as of the date hereof. The Company
anticipates that subsequent events and developments will cause the Company’s views to change. However,
while the Company may elect to update these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied
upon as representing the Company’s views as of any date subsequent to the date hereof.
Risks associated with the use of MDMA, MDMA-inspired compounds and psilocybin
All medicines carry risks and specialist prescribers, such as registered psychiatrists, are best placed to assess
the suitability of a new medication against a patient’s individual circumstances and medical history before
proceeding. Adverse effects of MDMA include high blood pressure, increased pulse rate, faintness, and panic
attacks, and in some rare cases it can cause loss of consciousness or trigger seizures. Other side effects include
involuntary jaw clenching, decreased appetite, restless legs, nausea, headache, sweating and muscle/joint
stiffness. Adverse effects of psilocybin can include temporary increase in blood pressure and a raised heart rate.
There may be some risk of psychosis in predisposed individuals. The effects of MDMA and psilocybin are
unlikely at low doses in the treatment regimens used in psychedelic-assisted psychotherapy while
appropriately managed in a controlled environment with direct medical supervision. The risk profile of the
MDMA inspired compounds is currently unknown.
The availability of these products is subject to the safety and efficacy of the products being tested through
clinical trials. Emyria makes no representations or warranties as to the safety or efficacy of the products or the
products’ ability (or the ability of its key compounds) to be used in the treatment of indications such as PTSD.
There are currently no approved products containing MDMA, psilocybin or MDMA inspired compounds that
the TGA has evaluated for quality, safety and efficacy.
Emyria Limited develops and delivers new treatments for mental health and select neurological
conditions through an integrated model of direct clinical services and treatment development:
Emyria Healthcare: Evidence-based treatment for patients not finding relief
from conventional care while also helping evaluate emerging new therapies like
assisted therapy for PTSD and assisted therapy for treatment-resistant depression.
Emyria Data: Robust and ethically sourced Real-World Data gathered with patients
to improve Emyria’s unique therapy and drug development programs.
Emyria’s Pipeline: New psychedelic-assisted therapies and drug treatments for mental
health and select neurological diseases.
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Investorhub.emyria.com Interact with Emyria’s announcements and
updates by asking questions and comments, which our team can respond
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generates
informs
Advanced therapies. Compassionate care.
1
ASX : EMD
Delivering the new
paradigm in mental
health care
June 2026
Company Update
Advanced therapies. Compassionate care.
2
Disclaimer
This presentation has been prepared by Emyria Limited ACN 625 085 734 (Company or Emyria). This presentation is not a financial product or investment advice or recommendation, offer or invitation by any person or to any
person to sell or purchase securities in Emyria in any jurisdiction. This presentation contains general information only and does not consider the investment objectives, financial situation and needs of individual investors.
Investors should make their own independent assessment of the information in this presentation and obtain their own independent advice from a qualified financial adviser having regard to their personal objectives, financial
situation and needs before taking any action. No representation or warranty, express or implied, is made as to the accuracy, completeness, reliability or adequacy of any statements, estimates, opinions or other information, or
the reasonableness of any assumption or other statement, contained in this presentation. Nor is any representation or warranty (express or implied) given as to the accuracy, completeness, likelihood of achievement or
reasonableness of any forecasts, prospective statements or returns contained in this presentation. Such forecasts, prospective statements or returns are by their nature subject to significant uncertainties and contingencies,
many of which are outside the control of Emyria. To the maximum extent permitted by law, Emyria and its related bodies corporate, directors, officers, employees, advisers and agents disclaim all liability and responsibility
(including without limitation any liability arising from fault or negligence) for any direct or indirect loss or damage which may arise or be suffered through use or reliance on anything contained in, or omitted from, this presentation.
An investment in Emyria securities should be considered speculative and is subject to investment and other known and unknown risks, some of which are beyond the control of Emyria. Emyria does not guarantee any rate of
return or the absolute or relative investment performance of Emyria securities. The distribution of this presentation including in jurisdictions outside Australia, may be restricted by law. Any person who receives this presentation
must seek advice on and observe any such restrictions.
This release may contain certain forward-looking statements with respect to matters including but not limited to the financial condition, results of operations and business of Emyria and certain of the plans and objectives of
Emyria with respect to these items. These forward-looking statements are not historical facts but rather are based on Emyria's current expectations, estimates and projections about the industry in which Emyria operates, and its
beliefs and assumptions. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates", "guidance" and similar expressions are intended to identify forward looking statements and should be
considered an at-risk statement. Such statements are subject to certain risks and uncertainties, particularly those risks or uncertainties inherent in the process of developing technology and in the endeavour of building a
business around such products and services. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of
Emyria, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward looking statements. Emyria cautions shareholders and prospective shareholders not to place
undue reliance on these forward-looking statements, which reflect the view of Emyria only as of the date of this release. The forward-looking statements made in this announcement relate only to events as of the date on which
the statements are made. Emyria will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date
of this announcement except as required by law or by any appropriate regulatory authority.
All medicines carry risks and specialist prescribers, such as registered psychiatrists, are best placed to assess the suitability of a new medication against a patient’s individual circumstances and medical history before
proceeding. Adverse effects of MDMA include high blood pressure, increased pulse rate, faintness, and panic attacks, and in some rare cases it can cause loss of consciousness or trigger seizures. Other side effects include
involuntary jaw clenching, decreased appetite, restless legs, nausea, headache, sweating and muscle/joint stiffness. Adverse effects of psilocybin can include temporary increase in blood pressure and a raised heart rate. There
may be some risk of psychosis in predisposed individuals. The effects of MDMA and psilocybin are unlikely at low doses in the treatment regimens used in psychedelic-assisted psychotherapy while appropriately managed in a
controlled environment with direct medical supervision. The risk profile of the MDMA inspired compounds is currently unknown.
The availability of these products is subject to the safety and efficacy of the products being tested through clinical trials. Emyria makes no representations or warranties as to the safety or efficacy of the products or the products’
ability (or the ability of its key compounds) to be used in the treatment of indications such as PTSD. There are currently no approved products containing MDMA, psilocybin or MDMA inspired compounds that the TGA has
evaluated for quality, safety and efficacy.
Advanced therapies. Compassionate care.
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Emyria is building a national network of clinics
specialising in delivery of Psychedelic Assisted
Therapy for PTSD and Treatment Resistant
Depression.
Who are we?
Emyria is addressing a significant and escalating gap in the mental healthcare market
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Significant momentum in psychedelic drug treatments
SOURCES
1. https://psychedelics.berkeley.edu/clinical-trials-map
Emyria is well positioned to leverage this momentum, writing the playbook for
psychedelic drug delivery
Recent macro catalysts provide significant tailwinds for Emyria
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Worldwide first mover advantage
A Regulated Access Pathway For Psychedelics to Treat our Most Serious and Urgent Mental Health Conditions
SOURCES
1 .https://www.tga.gov.au/news/media-releases/change-classification-psilocybin-and-mdma-enable-prescribing-authorised-psychiatrists
MDMA-assisted therapy
For PTSD
Psilocybin-assisted therapy
For Depression
Australia
is the FIRST jurisdiction in
the world to reschedule
two promising treatments1
This
regulation
change has
created a
Significant
Market
Opportunity.
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SCREENING
AND
PREPARATION
ACTIVE TREATMENT PROTOCOL
FOLLOW-UP
Dosing
Day 1
(8 hrs)
Each dosing day ~$10,000 revenue
PTSD Total treatment cost / patient ~$33,000
Treatment Resistant Depression cost / patient ~$22,000
Patient journey I Treatment model + bed capacity
Medication, ~90 hours of Supervised Intensive Psychotherapy, Follow-Up
Dosing
Day 2
(8 hrs)
Dosing
Day 3
(8 hrs)
PTSD only
~6-12 weeks ~4-6 weeks 12 months
Clinic Beds
Dosing
days /
week
Perth (x2) 8 40
Brisbane 3 15
Melbourne 3 15
Sydney 4 20*
= 18 90
*When operational
BED CAPACITY
Significant Total Addressable Market
~1,100,000 adults in Australia have major depression (~4%)
~1,500,000 adults in Australia have PTSD (~7%)
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Emyria’s PTSD program is delivering durable and lasting results
Durable symptom and quality of life improvement, beyond 12 months
SOURCES:
1. The PCL-5 is a self-administered, 20-item self-report tool used to measure PTSD symptoms according to diagnostic DSM-5 criteria (Diagnostic and Statistical Manual of Mental Disorders, 5th Edition).
Baseline
Cycle 1
Cycle 2
Cycle 3
6 months after
end of treatment
12 months after
end of
treatment
Average PCL-5 1 Scores by Visit (up
to 12 months follow-up)
Typical last treatment
Patients continue to improve after active treatment has ended.
>66% of
patients no
longer meet
criteria for
PTSD diagnosis
Emyria Real-World Data as of Dec 31st
2025
~76% of
patients have
a clinically
significant
improvement
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Major Funders are spending Hundreds of Millions each year on
mental health
Private
Health Insurers
Department of
Veterans’ Affairs
Other
Insurers
$2B
spent by Medibank on mental health
hospitalisations in last 10 years,
$219M/yr
in 2024 alone. 1
The Government spends
on veteran mental
health each year. 2
$300M/yr
Almost three in four (veterans) are
estimated to have met criteria for a mental
disorder at some stage in their lifetime. 3
Life insurers … paid out more than
for retail mental health claims in 2024 4
$2.2B in 2024
SOURCES:
1. https://www.heraldsun.com.au/health/mental-health/alarming-research-shows-extent-of-mental-health-crisis-in-australia/news-story/66f6937a316f9dd54673c5a6f692b232
2. https://www.dva.gov.au/sites/default/files/twrp_mhpr.pdf
3. https://www.dva.gov.au/news/latest-stories/report-hospitalisations-suicidality-and-self-harm-released#:~:text=The%20Australian%20Government%20is%20committed,%E2%80%93%20Veterans%20&%20Families%20Counselling%20Service.
4. https://www.abc.net.au/news/2025-07-16/spike-in-mental-health-illness-claims-super-funds-delay-payouts/105531022
Only 26% of insured adults
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1
Time (months)
2 3 4 5 6 7 8 9 10 11 12
Sources:
1. Costs are estimated based on estimates of direct clinician time required to delivery program
2. Standard of care costs based on conversations with clinical specialists. WA East Metropolitan Health Service reported Specialised Mental Health Care Days average cost of $2,156 per day in FY 2022 / 2023
(https://annualreport.emhs.health.wa.gov.au/key-performance-indicators/browse-kpis/average-cost-per-bed-day-in-specialised-mental-health-inpatient-services/)
3. Marseille E, et al. The cost-effectiveness of MDMA-assisted psychotherapy for the treatment of chronic, treatment-resistant PTSD. PLoS One. 2020 Oct 14;15(10):e0239997. doi: 10.1371/journal.pone.0239997. PMID:
33052965; PMCID: PMC7556534.
MDMA-AT cost 1 vs standard of care for PTSD 2, 3
Cumulative
costs
($1,000s
of
AUD)
10
20
30
40
50
60
2-week hospital admission 2 (~$24,500)
Neurostimulation (~$3,000)
Ongoing care
Screening
Emyria’s
program
Emyria’s intensive, 6-12 week
program 1
Typical standard of care
interventions 2
Multidisciplinary
follow-up for
12m
~ $33,000 / yr 1
~ $60,000 / yr 2
Studies show
durability of MDMA-AT
benefit holds out to at
least 12m 3
4-week group therapy program (~$3,000)
Regular specialist appointments (~$500 / each)
2-week hospital admission 2 (~$24,500)
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Key funding bodies1,2 Other ad
hoc approvals
Work in progress
Third party funding
Reimbursement has commenced for Psychedelic Assisted Therapy
Case by case
approvals have
occurred from other
funding bodies
We continue to
engage other private
health insurers,
workers
compensation
insurers and other
funding bodies
SOURCES:
1. See ASX announcement 18 June 2025
2. See ASX announcement 20 November 2025
Advanced therapies. Compassionate care.
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Investment Phase Revenue Generation
Projected break-even point
Months 1-3 Months 4-6 Months 6-9 Months 9-12+
Clinic set-up Open clinic &
commence screening
Dosing day ramp-up Optimise dosing
day utilisation
Fit-out & recruitment commences
Typical timeline to projected clinic profitability
Current Clinic Status
Sydney
Perth Clinic
Brisbane
Mornington (VIC)
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Maturing clinic I Perth Clinic dosing days May 2025 to June 2026
* Monthly stand alone clinic breakeven.
Seasonal
Impact -
Christmas
Seasonal
Impact –Easter
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Regulatory confidence is building
TGA recommendations grow the pool of therapists that Emyria can recruit
SOURCES:
1. Refer to ASX announcement 28 May
In May 26 TGA relaxed rules to include Nurses and Occupational Therapists as a “lead” PAT therapist
1
Minimum therapist requirement
Clinical Psychologist Existing
Medical Doctor Existing
Nurse with mental health experience NEW
Occupational Therapist with mental health experience NEW
Psychologists Lobbying ongoing
Advanced therapies. Compassionate care.
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Authorised
Prescribers
Highly defensible healthcare business
Third
Party
Funding
Fit-for- Purpose
Facilities
Proven
Clinical Model
Skilled
Therapists
Secure
Drug Supply
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Scalable contractor workforce
Therapists trained and
contracted
Authorised Prescribers
(AP)
Perth (x2) ~35
8 approved
1 in application stage
Brisbane ~25
3 approved
2 in application stage
Melbourne ~25
1 approved
3 in application stage
Sydney
~30 to attend June
training
4 in application stage
Capital light and flexible workforce to support growing clinic utilisation
Emyria provides a specialised training and regulatory pathway
for psychiatrists and therapists
Advanced therapies. Compassionate care.
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Potential future treatable conditions
SOURCES
1. https://psychedelics.berkeley.edu/clinical-trials-map
Significant global research in psychedelic drugs
New Treatable
Conditions
Increase Total
Addressable
Market
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Emyria has established versatile delivery infrastructure
Infrastructure able to support growing, global research effort into psychedelic drugs
More treatment types
Can support future potential indications
and treatment types for patients.
Third party clinical trials
Can support clinical trials delivery
required for new indications, supporting
global drug development efforts;
increasing clinic utilisation and adding a
further revenue stream1.
Emyria’s psychedelic assisted therapy delivery playbook in action
SOURCES
1. See ASX announcement 20 April 2026
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Emyria Board
Significant Clinical Services & Global Innovation Expertise
Greg Hutchinson
Executive Chairman
Health Service Leadership:
5D Clinics
Former CEO Sonic HealthPlus
leading 40+ clinics
Dr Michael Winlo
Executive Director
Research & Data Expertise:
Ex-Palantir healthcare lead,
Medical Doctor and Stanford MBA
Dr Karen Smith
Non-Executive Director
Biopharma Executive:
100+ clinical trials and 20+
regulatory approvals; Former Chief
Medical Officer and Global Head of
R&D at Jazz Pharma
Dr Mohit Kaushal
Non-Executive Director
Health IT Strategist:
Key role in Oak Street Health's
$10.6B acquisition by CVS Health;
Served in Obama’s Health IT task
force; Adjunct Professor at
Stanford
Prof Sir John Tooke
Non-Executive Director
Clinical Service & Health Payer
Expertise:
Former President of the Academy of
Medical Sciences, influential roles at
BUPA and past advisor to Google
DeepMind
Advanced therapies. Compassionate care.
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ASX: EMD Trading Information
Last Traded Share Price A$0.043
12-Month low / high A$0.021 / 0.078
Shares Outstanding 806,483,233
Unlisted Options (including loyalty options) 310,147,902
Market Capitalisation 1 ~A$35m
Last Cash Position 2 ~A$9m
NOTES:
1. As of market close 5 June 2026
2. As reported in March 2026 Quarterly Report
Substantial Shareholder
Shareholder %
#1 Holder: Greg Hutchinson, Exec. Chairman 5.29%
Shareholding
Top 50
Share Price, trading history
Corporate Overview
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First mover advantage
globally
Significant Total
Addressable Market
AUS + globally
Generating revenue
Developing the P-AT
playbook
Capital Light approach
to clinics expansion
Delivering durable
outcomes
Emyria | Summary
Advanced therapies. Compassionate care.
21 Advanced therapies. Compassionate care.
Emyria (ASX:EMD) | Executing strongly
Delivering on commitments to shareholders
Recent Achievements
• 1st Private Health Insurer Funding
treatments (Medibank)
• Opened 2nd Perth Empax Clinic
• Opened Brisbane Empax Clinic
• Opened Mornington (Victoria) Clinic
• Published 12 month Data Outcomes
• Commenced Empax Global Partnership
Program (EGPP)
• Confirmed First Sydney Clinic
Future Drivers:
• 1st DVA approval
• Open Sydney Clinic
• Additional New Sites Confirmed
• New Funders Confirmed
• Potential New Indications
• 2nd Partner for Empax GPP
• Leveraging scalable IP to create global
partnerships
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Contact Information
Greg Hutchinson
ghutchinson@emyria.com
Mary-Ann
Rennie
mrennie@emyria.com
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