ORCODA LIMITED — Capital/Financing Update 2020

Aug 31, 2020

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

1 September 2020

ASX ANNOUNCEMENT – ORCODA LIMITED (ASX:ODA)

Updated SaaS Contract with Holy Cross Laundry

Orcoda Limited (ASX: ODA) (‘Orcoda’ or ‘the Company’), the resources, healthcare, and transport logistics optimisation company, is pleased to announce that its wholly owned subsidiary Orcoda Transport Logistics has signed a SaaS contract with Holy Cross Laundry in Brisbane.

Holy Cross Laundry, founded in 1889 by Mother Mary Vincent Whitty and her Sisters of Mercy, is a world leading commercial hire linen and laundry service for medical, surgical, health and aged care organisations. Their delivery services are scheduled to meet mutually agreed time frames. In determining the transport arrangements a number of logistical issues are taken into consideration:

• Loading dock storage capacity for soiled and clean linen

• Location storage where the linen is actually used

• Linen delivery and collection methodology

Orcoda’s extensive software-as-a-service (SaaS) scheduling and monitoring system, gives Holy Cross Laundry the tools to optimize and streamline their transport and field services workforce, which in-turn boosts efficiency, compliance, visibility, customer service and profits.

The contract is for three years and revenue is made up of an establishment fee of $5,500 (inc GST) plus a monthly fee annulised at $11,600 (inc GST) which is expected to grow as Holy Cross Laundry expand their fleet.

Troy McDowell, CEO of Holy Cross Services said “Holy Cross Laundry is excited to be working with Orcoda on this initiative and are looking forward to the improvements it will deliver to our business.”

Geoff Jamieson, Orcoda Managing Director said; “We see this contract as a strategic position within the Laundry Services market place, where we can support Holy Cross Laundry in their growth, whilst growing our market share for our SaaS platform within the sector.”

We thank our shareholders for continuing to support us and we also acknowledge the support of our other key business stakeholders; our employees, our clients and our suppliers.

This ASX release was authorised by the Board of Directors.

-ENDS-

For more information please contact: Geoff Jamieson, MD +61 3 9866 7333

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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.