ORCODA LIMITED — Capital/Financing Update 2019

Mar 17, 2019

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

ASX RELEASE 18 March 2019

Orcoda Resource Logistics Update

Orcoda Limited (ASX: ODA) (‘Orcoda’ or ‘the Company’), the resources, healthcare, and transport logistics optimisation company, is pleased to provide a progress report on its Resource Logistics division:

Minset BHP Mine Shutdown - The Company is pleased to announce that its partnership with Minset on the shutdown at a BHP mine, previously reported to the ASX on 16 January 2019, was successfully completed on 13 March 2019. The Orcoda Management System (OMS) platform enabled BHP to ensure all contractors were fully compliant and efficiently mobilised to and from the mine site. The value of the contract was $39k. Numerous Australian BHP mines are suitable to utilise the OMS solution and many other mines across Australia are likely to adopt this solution. Typically, mine shutdowns occur multiple times per year at each mine.

Andrew Attrill, Minset Director, said, “We are excited to be partnering with Orcoda to implement their digital products to optimise shutdowns across mines that we work on. We know this is an important evolution in improving shutdown performance across the resources industry, and we were impressed at the Orcoda Management System digital platform’s ability to deliver the outcomes required and to improve efficiency on the recent shutdown at a BHP mine.”

Snowy Hydro 2.0 - The Company advises that its previous bidding partner was unsuccessful in the project award. This now opens up an opportunity for Orcoda to partner with the successful bidder, Clough/Salini Impregilo.

“Our Transport and Healthcare Divisions will provide operators with long-term, annuity-based revenues. Our Resources Division, with its lumpy, large contract-based revenues will bring volume and scale to our operations. We are seeing an improvement in our Resources sales pipeline, with many more quotations being issued.” Managing Director, Brendan Mason said.

-ENDS-

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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-inclass 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

For more information please contact: Brendan Mason +61 3 9866 7333