ORORA LIMITED — Director's Dealing 2022

Apr 28, 2022

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	ORORA LIMITED
ABN	55 004 275 165

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MICHAEL ANTHONY FRASER
Date of last notice	22 February 2022

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

	Name of Director	Name of Director	MICHAEL ANTHONY FRASER	MICHAEL ANTHONY FRASER	MICHAEL ANTHONY FRASER	MICHAEL ANTHONY FRASER	MICHAEL ANTHONY FRASER
	Date of last notice		22 February 2022
Part 1 - Chan
		ge of director’s relevant		interests in sec	urities
In the case of a trNote: In the case ofdisclosed in this parDirect or ind		ust, this includes interests in thea coman interests which come wit		trust made available bhin paragraph (i) of the	y the responsible entity of thdefinition of “notifiable interest	e trustof a director” should be
		py,t.
	Direct or ind	irect interest	In	direct
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.		FFF Number 2 Pty Ltd <FFF Number 2 Fund A/C>
	Date of change		22 April 2022
	No. of securities held prior to change		N/A
	Class		Fully paid ordinary shares
	Number acquired		55,000
	Number disposed		N/A
	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation		55,000 shares acquired at $3.75 per share
	**No. Of securities held after change **		55,000
	Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back		On-market purchase

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 – +Closed period

art 3 – +Closed period
Weretheinterestsinthesecurities or contracts detailedabove traded during a+closedperiodwherepriorwrittenclearance was required?	No
If so, was prior written clearanceprovided to allow the trade toproceed during this period?	N/A
If prior written clearance wasprovided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011