ORORA LIMITED — Notice of Dividend Amount 2021

Feb 17, 2021

Notification of dividend / distribution

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

ORORA LIMITED

Security on which the Distribution will be paid

ORA - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Thursday February 18, 2021

Distribution Amount

AUD 0.06500000

Ex Date

Wednesday March 3, 2021

Record Date

Thursday March 4, 2021

Payment Date

Thursday April 1, 2021

Refer to below for full details of the announcement

Notification of dividend / distribution

1 / 4

Notification of dividend / distribution

==> picture [21 x 22] intentionally omitted <==

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

ORORA LIMITED

1.2 Registered Number Type

Registration Number

ABN 55004275165

1.3 ASX issuer code

ORA

1.4 The announcement is New announcement

1.5 Date of this announcement Thursday February 18, 2021

1.6 ASX +Security Code

ORA

ASX +Security Description ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) Thursday December 31, 2020

2A.4 +Record Date

Thursday March 4, 2021

Notification of dividend / distribution

2 / 4

Notification of dividend / distribution

==> picture [21 x 22] intentionally omitted <==

2A.5 Ex Date

Wednesday March 3, 2021

2A.6 Payment Date

Thursday April 1, 2021

• 2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable? Security holder approval

• Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

• Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

==> picture [8 x 9] intentionally omitted <==

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.06500000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

==> picture [8 x 8] intentionally omitted <==

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution? No

2A.12 Does the +entity have tax component information apart from franking? No

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at 3A.1a Ordinary dividend/distribution estimated amount this time? per +security No AUD

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.06500000

Notification of dividend / distribution

3 / 4

Notification of dividend / distribution

==> picture [21 x 22] intentionally omitted <==

3A.2 Is the ordinary dividend/distribution franked? No

3A.3 Percentage of ordinary dividend/distribution that is franked

0.0000 %

3A.4 Ordinary dividend/distribution franked amount per 3A.5 Percentage amount of dividend which is unfranked +security 100.0000 %

AUD 0.00000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.06500000

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

The Board has suspended the Dividend Reinvestment Plan for this dividend due to the ongoing on-market buy-back and Orora's intention to return a fixed amount of excess capital to shareholders.

5.2 Additional information for inclusion in the Announcement Summary

Notification of dividend / distribution

4 / 4