ORCODA LIMITED — Capital/Financing Update 2019

Jun 27, 2019

==> picture [264 x 92] intentionally omitted <==

Orcoda Limited Unit 312, 434 St Kilda Road, Melbourne, Vic, 3004 Australia Tel +61 3 9866 7333 www.orcoda.com

ASX RELEASE 28 June 2019

Calendar Cheese Contract Renewal and China VIE

Orcoda Limited (ASX: ODA) (‘Orcoda’ or ‘the Company’), the resources, healthcare, and transport logistics optimisation company, is pleased to announce that it has signed a contract renewal with the Calendar Cheese Company for a further period of two years with a contract value of approximately $50,000.

Calendar Cheese Company are leading distributors of International and Australian specialty cheeses and utilises Orcoda Logistics Management Software (OLMS) to ensure their deliveries are scheduled, allocated and delivered to their customers.

Orcoda would also like to announce that the option agreement with OpenDNA (ASX:OPN) has ended and they will not be purchasing the China VIE structure as expected. The Company has two other prospective purchasers and will inform the market further when a binding contract is signed.

-ENDS-

For more information please contact:

Geoffrey Jamieson, Managing Director +61 3 9866 7333 info@orcoda.com

ABOUT ORCODA

Orcoda Limited (ASX: ODA) is a leading Australian logistics solution provider with expertise in business efficiency and optimisation of processes. We are operational efficiency specialists who supply best-in-class solutions combining software, management expertise and contracting services that makes our clients among the most productive and cost-effective organisations in their respective industries.

Our clients come from a diverse array of industry sectors and include some of Australia’s largest companies operating in the resources and infrastructure, transport and logistics and healthcare sectors.

Orcoda’s combined applications are focused on three key business sectors: healthcare, transportation and resources. We pride ourselves on enabling our clients to generate fast, accurate and reliable information, ensuring they are able to make the best business decisions the first time, every time and on time. www.orcoda.com

==> picture [205 x 37] intentionally omitted <==