CODAN LIMITED — Notice of Dividend Amount 2019

Feb 19, 2019

Notification of dividend / distribution

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Notification of dividend / distribution

Announcement Summary

Entity name

CODAN LIMITED

Security on which the Distribution will be paid

CDA - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Wednesday February 20, 2019

Distribution Amount

AUD 0.04000000

Ex Date

Tuesday February 26, 2019

Record Date

Wednesday February 27, 2019

Payment Date

Wednesday March 13, 2019

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

CODAN LIMITED

Registration Number

1.2 Registered Number Type

ACN

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----- Start of picture text ----- 007590605----- End of picture text -----

1.3 ASX issuer code

CDA

1.4 The announcement is

New announcement

1.5 Date of this announcement

Wednesday February 20, 2019

1.6 ASX +Security Code

CDA

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ASX +Security Description

ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary Special

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Monday December 31, 2018

2A.4 +Record Date

Wednesday February 27, 2019

2A.5 Ex Date

Tuesday February 26, 2019

2A.6 Payment Date

Wednesday March 13, 2019

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

• Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.04000000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market?

No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We do not have a securities plan for dividends/distributions on this security

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2A.12 Does the +entity have tax component information apart from franking?

No

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution 3A.1a Ordinary dividend/distribution estimated estimated at this time? amount per +security No AUD 3A.1b Ordinary Dividend/distribution amount per security AUD 0.04000000 3A.2 Is the ordinary dividend/distribution 3A.2a Is the ordinary dividend/distribution fully franked? franked? Yes Yes 3A.3 Percentage of ordinary 3A.3a Applicable corporate tax rate for franking dividend/distribution that is franked credit (%) 100.0000 % 30.0000 % 3A.4 Ordinary dividend/distribution franked 3A.5 Percentage amount of dividend which is amount per +security unfranked AUD 0.04000000 0.0000 % 3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security AUD 0.00000000

Part 3B - Special dividend/distribution

3B.1 Is the special dividend/distribution 3B.1a Special dividend/distribution estimated estimated at this time? amount per +security No AUD 3B.1b Special dividend/distribution amount per +security AUD 0.02500000 3B.2a Is the special dividend/distribution fully 3B.2 Is special dividend/distribution franked? franked? Yes Yes 3B.3 Percentage of special dividend/distribution 3B.3a Applicable corporate tax rate for franking that is franked credit (%) 100.0000 % 30.0000 %

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3B.4 Special dividend/distribution franked 3B.5 Percentage of special dividend/distribution amount per +security that is unfranked AUD 0.02500000 0.0000 %

3B.6 Special dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000

3B.7 Special dividend/distribution conduit foreign income amount per +security AUD 0.00000000

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

5.2 Additional information for inclusion in the Announcement Summary

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