ORCODA LIMITED — Capital/Financing Update 2021

Oct 12, 2021

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Orcoda Limited Unit 305, 434 St Kilda Road, Melbourne, Vic, 3004 Australia Tel +61 3 9866 7333 www.orcoda.com

13 October 2021

ASX ANNOUNCEMENT – ORCODA LIMITED (ASX:ODA)

$2.2 million Major Works Subcontract

• ❖ Orcoda subsidiary signs $2.2 million Major Works Subcontract with Laing O Rourke.

• ❖ The contract period is approximately 18 months

Orcoda Limited (ASX: ODA) (‘Orcoda’ or the ‘Company’), the resources, healthcare, and transport logistics and transport services optimisation company, is pleased to announce that our Resource Division through its wholly owned subsidiary Betta Group of Companies Pty Ltd, Rockhampton has signed a $2.2 million Major Works Subcontract with Laing O Rourke to deliver mechanical services within a Major Contract being delivered by Laing O Rourke for a Department of Defence project at Shoalwater Bay. The $2.2 million in revenue is expected to be earned over approximately 18 months.

Geoff Jamieson, Orcoda Managing Director said: “We are looking forward to working with the team at Laing O Rourke on this project and winning more work with them as our relationship develops. Geoff Williams General Manager of Betta Group will have my full support in delivering on this project. Geoff and his team at Betta are very professional and have an excellent reputation for delivering on major projects.”

This ASX release is authorised by the Board of Orcoda Limited.

For more information please contact: Geoff Jamieson, MD +61 3 9866 7333 Jane Morgan, Investor & Media Relations + 61 (0) 405 555 618

ABOUT LAING O ROURKE

Laing O'Rourke is an international engineering and construction company delivering state-of-theart infrastructure and buildings projects for clients in the UK, Middle East and Australia. Our story is one of energy, passion, ambition, people and teamwork. We harness the power of our experience, stretching back over a century and a half to deliver certainty for our clients. The growth and success of the business is based on energy, ambition, innovation, our people and teamwork. Across our global business, we have built a reputation of adapting our business model to help our clients achieve their desired outcomes with certainty. It is underpinned by a unique operating model which differs from those of other major contractors and enables us to deliver certainty to clients. At the core of this model, which has been informed by more than a century of construction experience and honed over a decade, are areas of industry-leading expertise: excellence in engineering; use of digital technologies; and the use of modern construction methods to deliver projects quicker, greener, more safely and to a higher standard.

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ABOUT ORCODA

Orcoda Limited (ASX:ODA) is a leading Australian transport logistics and transport services solution provider with expertise in business efficiency and optimisation of processes. We are operational efficiency specialists who supply best-in-class solutions combining technology, 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 / infrastructure, transport logistics and healthcare transport sectors.

Orcoda’s combined expertise is focused on three key sectors of transport logistics and services: road, rail and air. 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