ORCODA LIMITED — Capital/Financing Update 2023

Feb 2, 2023

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

3 February 2023

ASX ANNOUNCEMENT – ORCODA LIMITED (ASX: ODA)

$4.1 million Major Works Contract

v Betta Group, Orcoda’s subsidiary, signs a $AUD4.1 million contract with Yurika. v Works scheduled to support large infrastructure projects in 2H FY23.

Orcoda Limited (ASX: ODA) (‘Orcoda’ or the ‘Company’), the logistics optimisation and infrastructure services company, is very pleased to announce our Resource Logistics Division, through its wholly owned subsidiary Betta Group of Companies Qld Pty Ltd (‘ Betta Group’ ), has now signed a $4.1 million contract with Yurika Pty Ltd ( Yurika ) to deliver civil works for the transmission line project at their Pembroke Olive Downs Complex project.

Yurika is part of Energy Queensland and is the largest, wholly government-owned electricity company in Australia. $4.1 million in revenue is expected to be earned and received in 2H FY23.

Yurika is building an electricity transmission line to the Olive Downs Complex, a large-scale steelmaking coal mine located in the Bowen Basin of Queensland.

Geoff Jamieson, Orcoda Managing Director said: “We look forward to working with the team at Yurika on this project and cementing our relationship. Rae Jeffrey, the General Manager of Betta Group has my full support to deliver on our obligations for this major project. This significant project win is a yet another testament to Betta Group’s capabilities and reputation for executing large infrastructure projects.”

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

For more information please contact: Geoff Jamieson Managing Director E: gjamieson@orcoda.com

ABOUT ORCODA

Orcoda Limited (ASX: ODA) is a leading provider of smart technology solutions for transport logistics and transport services 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 are from a diverse array of industry sectors and include some of Australia’s largest companies operating in the resources (mining, oil & gas and infrastructure), transport logistics and healthcare transport sectors.

Orcoda’s combined expertise is focused on three key sectors of transport logistics technology and transport 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.

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www.orcoda.com