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ORCODA LIMITED Capital/Financing Update 2024

Jul 16, 2024

65482_rns_2024-07-16_6c39606b-5036-4804-aecd-99dc17a3ab79.pdf

Capital/Financing Update

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Orcoda Limited 11/8 Navigator Place Hendra, QLD 4011 Australia 1300 672 632 www.orcoda.com

17 July 2024

ASX ANNOUNCEMENT – ORCODA LIMITED (ASX: ODA)

Release of Shares from Voluntary Escrow

Orcoda Limited (ASX: ODA) (‘ Orcoda ’ or ‘ the Company’ ) gives notice of the imminent release from voluntary escrow of shares in the Company.

As previously advised by the Company to ASX:

  1. the Company acquired the business of Future Fleet International Pty Ltd ( the Business ) in July 2023;

  2. as part of the consideration for the acquisition of the Business the Company issued 2 million fully paid ordinary shares in the capital of the Company ( the Acquisition Shares) to an entity associated with the vendors of the Business on 25 July 2023; and

  3. as agreed between the Company and the vendors of the Business the Acquisition Shares are subject to a 12 month voluntary escrow period.

As required under the ASX Listing Rules the Company gives notice that the Acquisition Shares will be released from voluntary escrow on 25 July 2024.

For more information, please contact:

Geoff Jamieson Sam Wells Managing Director NWR Communications [email protected] [email protected] +61 427 630 152

-ENDS-

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

ABOUT ORCODA

Orcoda Limited (ASX: ODA) is a leading provider of integrated smart technology solutions in transport logistics, workforce logistics and transport infrastructure. We are dedicated to optimising our clients' operations, enhancing efficiencies, connectivity and compliance. Our mission is to be our clients’ trusted partner in their digital transformation journey.

Our clients include some of Australia's largest companies in the transport logistics, healthcare transport, infrastructure and resources sectors.

Our long term vision is to be a leading Smart Cities transport technology solutions provider. www.orcoda.com