MURRAY COD AUSTRALIA LIMITED — Capital/Financing Update 2024

May 29, 2024

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Murray Cod Australia Ltd

ASX:MCA

30 May 2024

The Manager Market Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

CLEANSING NOTICE - INSTITUTIONAL PLACEMENT

Dear Sir / Madam,

Murray Cod Australia Limited (ASX Code: MCA)

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Murray Cod Australia Limited ACN 143 928 625 ( Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

The Company refers to its announcement on 24 May 2024 regarding the successfully completion of an institutional placement ( Placement ). The Company has today issued 137,835,609 fully paid ordinary shares at an issue price of $0.07 per share (New Shares) to institutional investors under the Placement. The Placement was bring conducted in conjunction with an accelerated non-renounceable pro-rata entitlement offer, as announced on 22 May 2024.

The Company confirms that:

• (a) it has today issued 137,835,609 New Shares under the Placement;

• (b) it has issued the New Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) it gives this notice under section 708A(5)(e) of the Corporations Act;

• (c) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;

• (d) as at the date of this notice, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Corporations Act as they apply to it; and

  • (ii) sections 674 and 674A of the Corporations Act.

• (d) as at the date of this notice, there is no "excluded information" of the type referred to in sections 708A(6) and 708A(7) of the Corporations Act.

Yours faithfully,

Wendy Dillon Company Secretary Murray Cod Australia Limited

Authorised for release by the Murray Cod Australia Limited Board.

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Murray Cod Australia Ltd

ASX:MCA

Not for release to US wires services or distribution in the United States

This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. This announcement should not be released or distributed in the United States.

The New Shares have not been, and will not be, registered under the US Securities Act of 1933 as amended ( US Securities Act ) or the securities laws of any state or other jurisdiction of the United States. Accordingly, the New Shares may not be offered or sold in the United States or to any person acting for the account or benefit of a person in the United States) except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable securities laws of an state or other jurisdiction of the United States.