ORORA LIMITED — Capital/Financing Update 2023

Sep 13, 2023

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ASX ANNOUNCEMENT

14 September 2023

The Manager Market Announcements Office ASX Limited Level 50, South Tower, Rialto 525 Collins Street Melbourne VIC 3000

Dear Sir or Madam

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Orora Limited (ABN 55 004 275 165) (ASX Code: ORA) ( Orora ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) as modified by ASIC Corporations (Disregarding Technical Relief) Instrument 2016/63 (the Act ).

Orora refers to its announcement on 6 September 2023 regarding the successful completion of an institutional placement ( Placement ). Orora has today issued 166,637,643 fully paid ordinary shares at an issue price of $2.70 per share ( New Shares ) to institutional investors under the Placement. The Placement was being conducted in conjunction with an accelerated non-renounceable pro-rata entitlement offer, as announced on 5 September 2023.

Orora advises that:

• (a) the New Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is being given under section 708A(5)(e) of the Act;

• (c) as at the date of this notice, Orora has complied with:

• (i) the provisions of Chapter 2M of the Act as they apply to Orora; and

• (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice under section 708A(6)(e) of the Act.

Orora Limited www.ororagroup.com

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Authorised for release to the ASX by Orora’s Company Secretary, Ann Stubbings

Company contacts:

Media enquiries

Investor enquiries

Carolyn Coon Corporate Affairs Carolyn.coon@ororagroup.com +61 405 183 628

Alister Crow General Manager, Treasury & Investor Relations investors@ororagroup.com +61 408 175 40

Orora Limited www.ororagroup.com