CAPRAL LIMITED — Capital/Financing Update 2024

Mar 17, 2024

CAPRAL ASX ANNOUNCEMENT

Capral Acquires Victorian based Aluminium Trade Centre - ATC Monday, 18 March 2024

Capral today announced the acquisition of Aluminium Trade Centre (ATC), a Victorian-based aluminium sales and distribution business, subject to completion conditions. Although relatively small with sales of around $10 million, this move strengthens Capral's market presence and enhances its ability to deliver marketleading service to manufacturers within Victoria, ensuring their needs are met with greater efficiency and quality products.

The acquisition aligns with Capral's dedication to delivering high-quality products and services to Australian manufacturers and reflects a strategic commitment to strengthening its national footprint of Aluminium distribution outlets.

In 2023 Capral added two additional aluminium centres to its national network, one in Queensland and one in New South Wales. The addition of the two ATC sites in Melbourne further strengthens Capral’s market position. Capral will continue to explore additional growth opportunities across the country.

Aluminium Trade Centre, or ATC, as it is better known, is an aluminium distribution company renowned for its exceptional service and diverse product offering. The business operates out of two locations, one in Carrum Downs and one in Nobel Park, and it also serves its customers through a dedicated online store.

Approved and authorised for release by Capral’s Managing Director.

For further information please contact:

Corporate Sacha Fraser, Capral P: + 61 2 8222 0112 E: sacha.fraser@capral.com.au

Investors Adrian Mulcahy, Automic Group P: 0438 630 422 E: adrian.mulcahy@automicgroup.com.au

Yours faithfully Tertius Campbell CFO and Company Secretary