GENERATION DEVELOPMENT GROUP LIMITED — Notice of Dividend Amount 2026

Mar 22, 2026

Appendix 3A.1 - Notification of dividend / distribution

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Update Summary Entity name GENERATION DEVELOPMENT GROUP LIMITED Security on which the Distribution will be paid GDG - ORDINARY FULLY PAID Announcement Type Update to previous announcement Date of this announcement 23/3/2026 Reason for the Update To update DRP Price in part 4A.6 Additional Information Dividend is fully franked. The Company's Dividend Reinvestment Plan has been activated for this dividend.

Refer to below for full details of the announcement

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

GENERATION DEVELOPMENT GROUP LIMITED

1.2 Registered Number Type Registration Number ABN 90087334370

1.3 ASX issuer code

GDG

1.4 The announcement is Update/amendment to previous announcement

1.4a Reason for update to a previous announcement To update DRP Price in part 4A.6

1.4b Date of previous announcement(s) to this update 25/2/2026

1.5 Date of this announcement 23/3/2026

1.6 ASX +Security Code

GDG

ASX +Security Description ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary 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) 31/12/2025

2A.4 +Record Date

11/3/2026

2A.5 Ex Date

10/3/2026

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2A.6 Payment Date

1/4/2026

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 0.01000000

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 have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to 2A.11a(i) DRP Status in respect of this this dividend/distribution? dividend/distribution Yes Full DRP 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 estimated at 3A.1a Ordinary dividend/distribution estimated amount this time? per +security No AUD 3A.1b Ordinary Dividend/distribution amount per security AUD 0.01000000 3A.2 Is the ordinary dividend/distribution franked? 3A.2a Is the ordinary dividend/distribution fully franked? Yes Yes 3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit franked (%) 100.0000 % 30.0000 %

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3A.4 Ordinary dividend/distribution franked amount per 3A.5 Percentage amount of dividend which is unfranked +security 0.0000 %

AUD 0.01000000

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 4A - +Dividend reinvestment plan (DRP)

4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP? Do not participate in DRP (i.e. cash payment)

4A.2 Last date and time for lodgement of election 4A.3 DRP discount rate notices to share registry under DRP 0.0000 % Thursday March 12, 2026 17:00:00 4A.4 Period of calculation of reinvestment price Start Date End Date 13/3/2026 19/3/2026

4A.5 DRP price calculation methodology

The DRP Allocation Price will be equivalent to the daily volume weighted average market price of all GDG shares sold on the ASX, excluding any trades otherwise than in the ordinary course of trading, for the 5 trading days from 13 March 2026 to 19 March 2026.

4A.6	DRP Price (including any discount):	4A.7 DRP +securities +issue date
AUD	3.86000	1/4/2026
4A.8	Will DRP +securities be a new issue?	4A.8a Do DRP +securities rank pari passu from +issue
Yes		date?
		Yes

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation? No

4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation? No

4A.11 Are there any other conditions applying to DRP participation? Yes

4A.11a Conditions for DRP participation

Participation in the DRP is limited to shareholders with a residential address in Australia or New Zealand.

4A.12 Link to a copy of the DRP plan rules

www.gdgaustralia.com/corporate-governance

4A.13 Further information about the DRP

Any instructions previously given by a shareholder in relation to the DRP will apply to this dividend unless altered. Shareholders who wish to participate in the DRP and have not previously elected to participate, or who participated in the last DRP but wish to vary or terminate their participation for this DRP, should update their preferences by submitting an election form, available to download at www.gdgaustralia.com/corporate-governance.

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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

Dividend is fully franked. The Company's Dividend Reinvestment Plan has been activated for this dividend.

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