ORORA LIMITED — Major Shareholding Notification 2020

Oct 28, 2020

Corporations Law Section 671B

Form 604

Notice of change of interests of substantial holder

To Company Name/Scheme ORORA LIMITED

ACN/ARSN 004 275 165

1. Details of substantial holder (1)

Name PERPETUAL LIMITED and its related bodies corporate ACN (if applicable) 000 431 827 There was a change in the interests of the Substantial holder on _ 27 _ / 10 / 2020 __ The previous notice was given to the company on 03 / 08 / 2020 __ The previous notice was dated 30 / 07 /_ 2020 __

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previousnotice Presentnotice
	Person’s votes Voting power (5) Person’s votes Voting power (5)
Ordinary	102,090,467 10.58% 91,541,014 9.55%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
	Refer annexure 3

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

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Holder of Registered holder of Person entitled Nature of relevant Class and Person’s votes
relevant securities to be registered interest (6) number of
interest as holder (8) securities
Refer annexure 1 & 2
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5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN (if applicable)	Nature of association
Perpetual Investment Management Limited	Related bodies corporate of Perpetual Limited
Perpetual Trustee Company Limited	Related bodies corporate of Perpetual Limited

6. Addresses

The addresses of persons named in this form are as follows:

Name Address Perpetual Limited 18/123 Pitt Street Sydney, NSW 2000 Perpetual Investment Management Limited 18/123 Pitt Street Sydney, NSW 2000 Perpetual Trustee Company Limited 18/123 Pitt Street Sydney, NSW 2000

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Signature

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Print name Sylvie Dimarco Capacity COMPANY SECRETARY
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ANNEXURE 1 - Perpetual Investments Account Codes & Details

Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, as Responsible Entity for:

INTERNAL CODE	REGISTRATION DETAILS
17	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
26	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
33	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
118	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
212	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
649	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
650	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
652	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
653	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
651	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
654	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
670	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
695	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
774	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001

This is Annexure 1 Page 1 of 6 referred to in Form 603

855	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2093	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2095	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2124	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2125	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2127	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2128	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2199	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2210	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2219	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2130	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2089	RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001
2086	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
106	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
133	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001

This is Annexure 1 Page 2 of 6 referred to in Form 603

323	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
669	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
139	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
44	UBS Nominees Pty Ltd Level 16 Chifley Tower 2 Chifley Square Sydney NSW 2000
108	UBS Nominees Pty Ltd Level 16, Chifley Tower 2 Chifley Square Sydney NSW 2000
414	UBS Nominees Pty Ltd Level 16 Chifley Tower 2 Chifley Square Sydney NSW 2000
696	UBS Nominees Pty Ltd Level 16 Chifley Tower 2 Chifley Square Sydney NSW 2000
941	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001

Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, as Trustee for:

ALL 'SS' CODES	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001

Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, under Investment Management Agreements with:

INTERNAL CODE	REGISTRATION DETAILS
227	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
248	BNP Paribas Noms Pty Ltd P.O. Box R209 Royal Exchange Sydney NSW 1225
702	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
740	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225

This is Annexure 1 Page 3 of 6 referred to in Form 603

786	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
2085	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
2122	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
2131	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
2216	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
220	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
221	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
222	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
224	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
2163	Northern Trust Company Melbourne Branch: HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2222	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
194	Northern Trust Company Melbourne Branch: HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
779	State Street Limited 420 George Street Sydney NSW 2000
2101	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2152	Northern Trust Company Melbourne Branch: HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001

This is Annexure 1 Page 4 of 6 referred to in Form 603

2161	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
2172	State Street Limited 420 George Street Sydney NSW 2000
210	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
215	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
230	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
231	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
392	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
394	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
449	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
773	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
788	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
791	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
2100	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
2166	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
711	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001

This is Annexure 1 Page 5 of 6 referred to in Form 603

787	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
2083	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
2097	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
2160	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
2220	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
2243	National nominees Pty Ltd PO Box 1406 Melbourne VIC 3001

Perpetual Trustee Company Limited as trustee, custodian or nominee	Perpetual Trustee Company Limited as trustee, custodian or nominee
INTERNAL CODE	REGISTRATION DETAILS
T2	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
T3	The Trust Company Limited GPO Box 4270 Sydney NSW 2001
T4	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
T6	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
T7	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001

This is Annexure 1 Page 6 of 6 referred to in Form 603

ANNEXURE 2

PRESENT RELEVANT INTERESTS

ASXCode Internal Code ORA 17 ORA 26 ORA 2,216 ORA 2,085 ORA 212 ORA 2,222 ORA 2,163 ORA 2,100 ORA 2,161 ORA 2,243 ORA 2,152 ORA 649 ORA 650 ORA 2,125 ORA 2,124 ORA 2,127 ORA 651 ORA 740 ORA 941 ORA 44 ORA 695 ORA 215 ORA 220 ORA 652 ORA T2	Holding 3,390,074 5,998,136 312,510 1,218,198 4,732,303 116,740 548,057 1,706,642 701,343 194,683 5,271,899 9,706,760 1,993,573 222,762 109,560 225,684 343,260 3,106,205 3,343,163 6,780,419 15,826,207 17,842,921 2,395,959 1,455,686 3,998,270
	91,541,014

This is annexure 2 Page 1 of 1 referred to in Form 604 Title: Notice of change of interests of substantial holder

ANNEXURE 3

CHANGES IN RELEVANT INTERESTS

Account	Security		Volume	Value		Price	AsAtDate
695	ORA		480,463	1,123,261	$	2.34	04/08/2020
2161	ORA		19,537	45,675	$	2.34	04/08/2020
695	ORA		287,217	650,040	$	2.26	20/08/2020
2161	ORA		11,863	26,849	$	2.26	20/08/2020
212	ORA		300,000	703,328	$	2.34	21/08/2020
2161	ORA		9,706	23,421	$	2.41	21/08/2020
695	ORA		381,963	883,801	$	2.31	25/08/2020
2161	ORA		18,037	41,735	$	2.31	25/08/2020
695	ORA		116,795	265,365	$	2.27	26/08/2020
2161	ORA		5,370	12,201	$	2.27	26/08/2020
695	ORA		152,579	347,053	$	2.27	27/08/2020
2161	ORA		8,941	20,337	$	2.27	27/08/2020
695	ORA		334,669	763,821	$	2.28	28/08/2020
2161	ORA		15,331	34,990	$	2.28	28/08/2020
17	ORA		24,766	55,525	$	2.24	31/08/2020
212	ORA		15,729	35,264	$	2.24	31/08/2020
215	ORA		88,520	198,480	$	2.24	31/08/2020
740	ORA		22,606	50,687	$	2.24	31/08/2020
2085	ORA		8,918	19,996	$	2.24	31/08/2020
2100	ORA		12,323	27,628	$	2.24	31/08/2020
2152	ORA		39,473	88,498	$	2.24	31/08/2020
695	ORA		239,854	543,718	$	2.26	01/09/2020
2161	ORA		10,146	23,000	$	2.26	01/09/2020
17	ORA		18,555	42,818	$	2.30	02/09/2020
26	ORA		1,471	3,395	$	2.30	02/09/2020
215	ORA		70,727	163,228	$	2.30	02/09/2020
740	ORA		16,935	39,084	$	2.30	02/09/2020
2085	ORA		6,628	15,296	$	2.30	02/09/2020
2100	ORA		9,175	21,173	$	2.30	02/09/2020
2152	ORA		29,379	67,797	$	2.30	02/09/2020
26	ORA	-	280,784	650,728	$	2.32	14/09/2020
2124	ORA	-	10,448	24,228	$	2.32	15/09/2020
2161	ORA		23,362	54,344	$	2.33	15/09/2020
17	ORA	-	11,092	26,663	$	2.41	17/09/2020
26	ORA	-	19,927	47,900	$	2.41	17/09/2020
215	ORA	-	58,374	140,312	$	2.41	17/09/2020
740	ORA	-	10,163	24,429	$	2.41	17/09/2020
2085	ORA	-	3,986	9,581	$	2.41	17/09/2020
2100	ORA	-	5,584	13,423	$	2.41	17/09/2020
2152	ORA	-	17,664	42,460	$	2.41	17/09/2020
17	ORA	-	152,893	376,418	$	2.47	23/09/2020
26	ORA	-	273,912	674,364	$	2.47	23/09/2020
215	ORA	-	804,549	1,980,599	$	2.47	23/09/2020
651	ORA	-	113,308	278,961	$	2.47	23/09/2020
652	ORA	-	480,208	1,182,259	$	2.47	23/09/2020
740	ORA	-	140,095	344,879	$	2.47	23/09/2020
2085	ORA	-	54,931	135,226	$	2.47	23/09/2020
2100	ORA	-	76,955	189,461	$	2.47	23/09/2020
2127	ORA	-	74,966	184,564	$	2.47	23/09/2020
2152	ORA	-	243,453	599,375	$	2.47	23/09/2020

This is annexure 3 Page 1 of 3 referred to in Form 604

2163	ORA	-	180,695	444,826	$	2.47	23/09/2020
2216	ORA	-	104,035	256,108	$	2.47	23/09/2020
2161	ORA		14,017	34,329	$	2.45	24/09/2020
17	ORA	-	59,614	146,470	$	2.46	01/10/2020
26	ORA	-	180,899	444,464	$	2.46	01/10/2020
44	ORA	-	215,775	527,567	$	2.45	01/10/2020
215	ORA	-	459,399	1,128,630	$	2.46	01/10/2020
220	ORA	-	103,048	251,928	$	2.45	01/10/2020
649	ORA	-	565,197	1,381,899	$	2.45	01/10/2020
650	ORA	-	91,006	222,508	$	2.45	01/10/2020
651	ORA	-	90,098	220,016	$	2.44	01/10/2020
652	ORA	-	419,530	1,024,476	$	2.44	01/10/2020
740	ORA	-	55,060	135,269	$	2.46	01/10/2020
941	ORA	-	98,093	241,012	$	2.46	01/10/2020
2085	ORA	-	21,404	52,584	$	2.46	01/10/2020
2100	ORA	-	30,675	75,368	$	2.46	01/10/2020
2124	ORA	-	6,655	16,271	$	2.45	01/10/2020
2125	ORA	-	13,780	33,692	$	2.45	01/10/2020
2127	ORA	-	41,612	101,615	$	2.44	01/10/2020
2152	ORA	-	94,856	233,059	$	2.46	01/10/2020
2163	ORA	-	157,837	385,397	$	2.44	01/10/2020
2216	ORA	-	98,839	241,339	$	2.44	01/10/2020
2222	ORA	-	3,861	9,439	$	2.45	01/10/2020
2243	ORA	-	678	1,658	$	2.45	01/10/2020
651	ORA	-	27,347	66,175	$	2.42	05/10/2020
652	ORA	-	115,670	279,900	$	2.42	05/10/2020
2127	ORA	-	17,982	43,513	$	2.42	05/10/2020
2163	ORA	-	43,446	105,122	$	2.42	05/10/2020
2216	ORA	-	25,001	60,492	$	2.42	05/10/2020
651	ORA	-	138,233	341,706	$	2.48	08/10/2020
652	ORA	-	584,833	1,445,681	$	2.48	08/10/2020
2127	ORA	-	90,996	224,938	$	2.48	08/10/2020
2163	ORA	-	219,501	542,548	$	2.48	08/10/2020
2216	ORA	-	126,437	312,519	$	2.48	08/10/2020
651	ORA	-	100,533	255,601	$	2.55	09/10/2020
652	ORA	-	387,282	984,648	$	2.55	09/10/2020
2127	ORA	-	66,069	167,978	$	2.55	09/10/2020
2163	ORA	-	159,681	405,946	$	2.55	09/10/2020
2216	ORA	-	91,435	232,449	$	2.55	09/10/2020
651	ORA	-	51,623	130,037	$	2.52	13/10/2020
652	ORA	-	218,029	549,208	$	2.52	13/10/2020
2127	ORA	-	33,981	85,597	$	2.52	13/10/2020
2163	ORA	-	81,971	206,474	$	2.52	13/10/2020
2216	ORA	-	47,031	118,465	$	2.52	13/10/2020
651	ORA	-	32,069	80,394	$	2.51	14/10/2020
652	ORA	-	150,449	377,163	$	2.51	14/10/2020
2127	ORA	-	21,149	53,019	$	2.51	14/10/2020
2163	ORA	-	50,890	127,565	$	2.51	14/10/2020
2216	ORA	-	29,020	72,744	$	2.51	14/10/2020
17	ORA	-	19,011	48,271	$	2.54	16/10/2020
26	ORA	-	33,810	85,846	$	2.54	16/10/2020
215	ORA	-	100,076	254,092	$	2.54	16/10/2020
740	ORA	-	17,420	44,229	$	2.54	16/10/2020
2085	ORA	-	6,833	17,349	$	2.54	16/10/2020
2100	ORA	-	9,572	24,304	$	2.54	16/10/2020
2152	ORA	-	30,281	76,886	$	2.54	16/10/2020

This is annexure 3 Page 2 of 3 referred to in Form 604

44 ORA 649 ORA 17 ORA 26 ORA 215 ORA 651 ORA 652 ORA 740 ORA 2085 ORA 2100 ORA 2127 ORA 2152 ORA 2152 ORA 2163 ORA 2216 ORA 17 ORA 26 ORA 215 ORA 740 ORA 2085 ORA 2100 ORA T2 ORA

524,492 1,338,608 2.55 $ 19/10/2020 524,492 - 1,338,608 2.55 $ 19/10/2020 81,876 - 223,694 2.74 $ 26/10/2020 216,495 - 591,487 2.74 $ 26/10/2020 426,902 - 1,166,235 2.74 $ 26/10/2020 119,442 - 326,328 2.74 $ 26/10/2020 503,563 - 1,375,786 2.74 $ 26/10/2020 75,050 - 205,026 2.74 $ 26/10/2020 29,193 - 79,751 2.74 $ 26/10/2020 40,868 - 111,656 2.74 $ 26/10/2020 79,286 - 216,618 2.74 $ 26/10/2020 129,616 - 354,124 2.74 $ 26/10/2020 174,469 - 477,062 2.74 $ 26/10/2020 189,139 - 516,701 2.74 $ 26/10/2020 108,570 - 296,598 2.74 $ 26/10/2020 29,855 - 81,194 2.72 $ 27/10/2020 57,639 - 156,756 2.72 $ 27/10/2020 157,011 - 426,972 2.72 $ 27/10/2020 27,360 - 74,402 2.72 $ 27/10/2020 10,719 - 29,149 2.72 $ 27/10/2020 15,018 - 40,843 2.72 $ 27/10/2020 1,818,838 - 4,952,645 2.72 $ 27/10/2020 10,549,453 -

This is annexure 3 Page 3 of 3 referred to in Form 604