ORCODA LIMITED — Capital/Financing Update 2016

Feb 10, 2016

SmartTrans secures landmark agreement to enable cross-border payments to and from China via SmartPay platform

SmartTrans Holdings Limited ASX: SMA

An Australian based Technology Solutions Company

Corporate Structure:

Shares on issue: 2212 M Unlisted Options: 166 M Market Cap: $AUD 97M 52 week high: 7.1 cents 52 week low: 0.9 cents

Directors:

• Agreement with QianDaiPay will enable SMA to make cross-border payments (up to USD50,000 per supplier per day) to merchants outside China on demand from its SmartPay platform

• The new functionality greatly simplifies and fast-tracks payments from China to merchants seeking to sell their products in China

• Expected to expand the appeal of SmartTrans’ payment and e-Commerce platform to service the growing market for products from Australia and other markets in China

• Extends the SmartPay functionality allowing Chinese consumers to make purchases and SmartTrans to pay merchants outside China

• The payment facility further enhances SmartTrans’ position as the gateway to China for vendors seeking to sell products in China

Dr. Geoff Raby Non-Executive Chairman

• SmartTrans to earn revenue via merchant fees for every transaction

Mr Bryan Carr CEO & Managing Director

Mr Andrew Forsyth Non-Executive Director Mr Yui (Ian) Tang Non-Executive Director

Mr Greg Simpson Non-Executive Director

Mr Ian Hawkins Executive Director

Melbourne Office: Level 1, 10 Queens Road Melbourne VIC 3004 Australia

Beijing Office: Room 101 Building 22 Courtyard 4 Gong Ti Bei Lu Chaoyang District Beijing 100027 PR China

Phone (Aus): +61 (03) 9866 7333 Phone (China): +86 (10) 6500 0910 Website: www.smarttransholdings.com.au Twitter: www.twitter.com/SmartTrans_SMA Youtube: https://youtu.be/-1t_yJe1DBA

• Deal provides Company greater exposure to huge e-commerce sector in China

• Positions SmartPay as compelling turn-key solution for third parties wishing to access the large B2B and online consumer sectors in China

• Potential for a variety of global billing partners expected to grow and diversify revenue streams

• SmartTrans is confident of increasing cash receipts over the coming months

11 February 2016: SmartTrans Holdings Limited (ASX: SMA) (SmartTrans or Company) is pleased to announce that the Company has secured a landmark agreement with Qiandaipay ( Beijing QianDaiPay Payment Technology Ltd ) allowing SmartTrans to facilitate cross border payments (up to USD50,000 per supplier per day) to businesses based outside China from consumers in China via its SmartPay platform.

Under the terms of the agreement, SmartTrans is able to provide 24-hour settlement for payments sent from China, with the Company able to integrate this capability into its online and mobile SmartPay billing and payments platform. SmartTrans will retain a fixed percentage fee for each transaction it processes.

Essentially, this makes SmartTrans and the SmartPay platform a highly compelling turn-key solution for any third party outside China wishing to access consumers in the huge e-Commerce sector in China.

SmartTrans’ payment systems, e-Commerce platform and customer acquisition capability added to its ability to settle payments outside of China on demand mean that a business based outside of China can readily sell their products in China via SmartTrans and rely on prompt payment into their own bank account in their own country in their chosen currency – all achieved without the need to establish an operating business in China.

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This capability is also expected to appeal to businesses seeking to transact with Chinese consumers in their home country allowing Chinese tourists to pay via their UnionPay or AliPay account.

This agreement also gives SmartTrans the ability to market and promote its China billing and payments service globally, for both the business-to-business (B2B) and consumer e-commerce sectors.

Qiandaipay, with its foreign exchange payment business license and cross-border payment capability, has the distinction of being the first and one of only 27 institutions in the country that has been licensed by the People’s Bank of China (or central bank) to make cross border payments and repatriate funds outside the country.[1]

This partnership with Qiandaipay represents a significant milestone in further diversifying the strong revenue streams that SmartTrans is generating via SmartPay.

SmartTrans Managing Director Bryan Carr commented: “This agreement with Qiandaipay is a game changer for SmartTrans as it puts us in the enviable position of being one of a limited number of companies with the ability to readily repatriate funds from China on a daily basis.”

“This partnership also enhances SmartTrans payment platform appeal in the large and growing e-commerce sector in China with the ability to offer SmartPay as a gateway for anyone from around the globe wishing to sell products and services online to consumers or businesses in China and seeking a seamless payment solution to their domestic bank account.”

“I look forward to updating shareholders on our progress with this exciting new initiative over the coming months.”

SmartTrans also notes that its revenue base grew strongly in the last quarter and this revenue is expected to be collected in this and the following quarter in line with the payment terms (up to 120 days) the Company has in place with its telco and payment partners.

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1. Source: www.qiandai.com/welcome/aboutUs

For further information please contact: About SmartTrans (https://youtu.be/-1t_yJe1DBA) Bryan Carr Managing Director SmartTrans Holdings Limited (ASX: SMA) is a leading Australian technology and software AUST: +61 412 111 968 provider that has developed a mobile and online billing and payment platform for the China market. The company has agreements in place with China Mobile, China Unicom, China Telecom, CHINA: +86 138 1188 8401 UnionPay and Alipay. With the growing use of the smartphone as a billing device in China, the company is experiencing significant uptake of its technology in that market. SmartTrans has also Media inquiries to: Ben Jarvis, developed cutting-edge proprietary logistics software which is used by some of Australia’s Six Degrees Investor Relations: leading blue-chip organisations who have long term contracts in place with the company. +61 413 150 448 SmartTrans is assessing growth opportunities for its logistic offering in China to complement its mobile and online payments platform.

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