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Steve Fife

Steve Fife

President & CEO
LifeVantage
23 May 2024

Can you introduce LifeVantage and the concepts of NutriGenomics and activation?

LifeVantage, is a publicly traded direct selling company celebrating our 15th year of business We were founded on a pioneering product known as Protandim NRF2 Synergizer®, which constitutes about 60% of our revenue. This product, pivotal at its discovery and still revolutionary to this day, positions us as the activation company. Activation, in our context, refers to using natural ingredients to restore the body's inherent functions back to their ideal state. Our original focus on the NRF2 pathway, a critical area for managing oxidative stress, set us apart from the very beginning by enhancing the body's response to stress beyond what traditional supplementation offers. We’ve since gone beyond NRF2 and applied that activation methodology to other critical processes throughout the body.

What led to the disconnection between modern lifestyles and our body's original programming?

Modern lifestyles have diverged significantly from our bodies' original programming, creating a "perfect storm" for not only increased oxidative stress, but a decline in function, leading to numerous health issues. Our activation approach seeks to counteract this by reactivating our body's naturalprocesses, rather than merely supplementing or putting a bandaid on the real issue.

How does LifeVantage integrate scientific advancements into its products?

Our product development begins with identifying specific targets that have been altered by age or stress. Utilizing nature's bounty, we seek ingredients capable of addressing these targets at the source. We meticulously research and test to select not only the right ingredients, but also the right combination of ingredients to maximize benefits. We used this rigorous research approach to select the patented blend of 5 synergistic botanicals in Protandim Nrf2 Synergizer®.. That product has been clinically shown to reduce oxidative stress by 40% in 30 days, a finding supported by over 30 independent studies.

What makes LifeVantage stand out in the highly competitive wellness industry?

Beyond our scientific foundation, LifeVantage distinguishes itself by ensuring product relevance and demonstrability, particularly in response to current global trends. Recent introductions, such as our TrueScience® Liquid Collagen product,

have seen significant success due to visible consumer benefits and our commitment to continuous research. This commitment not only results in product innovation, but also demonstrates a synergistic effect when products are used together, amplifying their benefits beyond individual use.

How does the concept of activation play a role in LifeVantage's product efficacy?

Activation, the core of our product philosophy, refers to restoring the body's natural processes to their optimal function for health improvement. This approach has led to significant discoveries, such as the unexpected benefits observed when combining our Protandim NRF2 Synergizer® with our TrueScience® Liquid Collagen. The patent-pending combination of the two products not only addresses specific health concerns, but also activates broader physiological responses. These responses include helping to break cycles of stress at the cellular level, allowing cells to get back to their optimal function and promoting overall health.

How does LifeVantage translate its scientific achievements into competitive business advantages?

Our directsales model is propelled by a community of independent consultants passionate about our activation-based products. These entrepreneurs are drawn to LifeVantage for the tangible health benefits our products offer, the opportunity for financial empowerment, and the strong sense of community. The adaptability shown during the COVID-19 pandemic, leveraging technology to maintain and grow this community, underscores our resilience and commitment to both physical and financial health.

What does the future hold for LifeVantage's mission and business model?

Looking forward, LifeVantage envisions a future where the concept of activation is mainstream, and our science-backed approach to enhancing the body's natural functions is widely recognized. Expanding our global presence and continuing to innovate in the wellness space are key components of this vision. Our aim is to provide pathways for individuals to achieve their personal definition of remarkable, whether through health improvements or financial opportunities, within a supportive community.

In conclusion, how do you see LifeVantage evolving to fulfill its mission in the coming years?

Our mission, deeply rooted in the science of activation and the community-driven business model, aims for LifeVantage to transition from being the "best-kept secret" to a globally recognized leader in wellness and self-empowerment. By continuously innovating and expanding our reach, we hope to make our holistic approach to health and wellness understood and accessible to millions, offering not just products but a chance for individuals to shape their remarkable futures.