BSA LIMITED — Capital/Financing Update 2020

Apr 30, 2020

==> picture [156 x 77] intentionally omitted <==

1 May 2020

FOR IMMEDIATE RELEASE

General Manager ASX Market Announcements Australian Securities Exchange PO Box H224 Australia Square Sydney NSW 1215

BSA Confirms Financing Facilities

Sydney 1 May 2020: BSA Limited (ASX: BSA) is pleased to announce that it has refinanced its existing bank lending facilities that were due to expire in July and December 2020.

BSA has negotiated new bi-lateral committed bank facilities of similar value with the Commonwealth Bank of Australia for a 3 year tenure.

The new bank facilities are provided on improved terms versus BSA’s existing arrangements

-Ends-

This Announcement is authorized by the Board.

Graham Seppelt Company Secretary BSA Limited T: +61 2 8748 2464 E: corporate@bsa.com.au

Registered Office: Level 7, 3 Thomas Holt Drive, Macquarie Park NSW 2113 P: 02 8748 2400 F: 02 8748 2577 ABN: 50 088 412 748 www.bsa.com.au