ORCODA LIMITED — Capital/Financing Update 2017

Dec 21, 2017

Lanstead Funding

SmartTrans Holdings Limited ASX: SMA An Australian based Technology Solutions Company

Directors:

Mr Mark Vaile AO Non-Executive Chairman

Mr Brendan Mason Managing Director

Mr Bryan Carr Non-Executive Director

Mr Yui (Ian) Tang Non-Executive Director

Ms Tracy Colgan Non-Executive Director

Mr Mark Ziirsen Non-Executive Director

Melbourne Office: Level 7, 10 Queens Road Melbourne VIC 3004 Australia

SmartTrans Holdings Limited (ASX:SMA) ( SmartTrans or the Company ) refers to prior announcements (refer ASX announcement 28 December 2016) regarding the Lanstead Capital LP funding arrangements. The Company advises that it has today entered into an agreement to cancel the remaining obligations under the Lanstead funding arrangements on the basis that the remaining Tranche A and Tranche B funding obligations owing by Lanstead shall instead be settled in full by the cancellation by way of selective capital reduction of 85,000,000 Shares in the Company held by Lanstead. The selective capital reduction and cancellation of the 85,000,000 shares is subject to receipt of shareholder approval on or before 15 February 2018, which will be sought at an EGM to be convened and held early in 2018. Subject to receiving shareholder approval the settlement will be deemed to take effect from the 21 December 2017.

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Further information, please contact:

About SmartTrans

SmartTrans Holdings Limited (ASX:SMA) is a leading Australian software and Brendan Mason technology provider that offers cutting-edge solutions for the online retail Managing Director and logistics markets. The company operates a payment gateway for the Chinese and Australian markets. +61 3 9866 7333 China - In partnership with leading Chinese eCommerce firms, SmartTrans has built online marketplaces from which quality-conscious consumers in Released through: Ben Jarvis, China’s rapidly growing middle class are able to purchase Australian premium Six Degrees Investor Relations: consumer products. +61 413 150 448 Supply Chain Australia - In addition, SmartTrans has long-term contracts with some of Australia’s leading blue-chip organisations for its proprietary, cloudbased supply chain, telematics, software as a service (SaaS) solutions.

Beijing Office: Room 501, Grand Pacific Building A 8 Guanghua Road Chaoyang District Beijing 100026 PR China

Phone (Australia): +61 (3) 9866 7333

Phone (China): +86 (10) 6500 0910 Website: www.smarttransholdings.com.au Twitter: www.twitter.com/SmartTrans_SMA

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